The signature basketball shoe market is soft right now, but the NBA's biggest stars still make a mint from their agreements with Nike, Adidas and Under Armour.
All Michael Jordan wanted to wear was adidas in the NBA. Although he wore Converse at North Carolina, because his coach Dean Smith was getting paid about $10,000 a year to put the brand on his players, the German make was his dream.
The contract between Nike and basketball legend Michael Jordan might be one of the most closely guarded secrets in the market. The 42-page document stored in its own room, with only three Nike employees globally having access to the document. The document does not only outline Michael Jordan’s compensation, but also the compensation of all …
Follow the career of former basketball star Michael Jordan, from his college career to being the Chicago Bulls' MVP, to his multiple retirements, at Biography.com.
The signature basketball shoe market is soft right now, but the NBA's biggest stars still make a mint from their agreements with Nike, Adidas and Under Armour.
All Michael Jordan wanted to wear was adidas in the NBA. Although he wore Converse at North Carolina, because his coach Dean Smith was getting paid about $10,000 a year to put the brand on his players, the German make was his dream.
The contract between Nike and basketball legend Michael Jordan might be one of the most closely guarded secrets in the market. The 42-page document stored in its own room, with only three Nike employees globally having access to the document. The document does not only outline Michael Jordan’s compensation, but also the compensation of all …
Follow the career of former basketball star Michael Jordan, from his college career to being the Chicago Bulls' MVP, to his multiple retirements, at Biography.com.
