What was Jordan's biggest contract?

Michael Jordan was the first NBA player to sign a contract worth over $20 million and in fact it exceeded $30 million as well in a season (1996-97) and (1997-98) where he earned $33,140,000; this was a record he had held for 20 years.

Who has the biggest contract in NBA history?

What was Michael Jordan's first contract worth?

According to ESPN's Darren Rovell, Jordan's first deal with Nike paid him about $7 million over five years—an unheard-of sum at the time. That's a pittance compared to the more than $90 million over seven years that the Swoosh paid LeBron James straight out of high school.

How much did MJ make in 1998?

Michael Jordan made $33.14M in his last season with the Bulls. He made 123.2% of the $26.9M NBA salary cap for the 1997-98 season. The most an NBA free agent, like Kevin Durant, can make in the 1st year of a contract is 35% of the cap ($38.199M). No salary maximums back then.

Was MJ ever a billionaire?

Michael Jordan made less than $100 million in NBA contracts as the league's greatest player of all time, but that hasn't stopped him from becoming a billionaire with an estimated net worth of $1.7 billion, according to Forbes.

Michael Jordan’s Contract TIMELINE And Salaries REVEALED..

Is MJ the richest athlete of all time?

Michael Jordan | $2.2 Billion | Basketball

After playing a total of 15 seasons in the NBA, playing for both the Chicago Bulls and Washington Wizards, there's no surprise that Michael Jordan is the richest athlete in the world.

How much did Nike pay Michael Jordan?

In 2022 alone, Jordan got an estimated $256.1 million payout for the sales of his shoes, per Front Office Sports. The Jordan Brand reportedly made $5.1 billion for the fiscal year 2022. As part of his deal with Nike, MJ is entitled to get 5% of the earnings from his shoe sales.

How much did Michael Jordan get paid for Space Jam?

It is estimated that Michael Jordan received about 20 Million Dollars for the movie Space Jam.

What is Shaq's net worth?

Shaquille O'Neal is an American professional basketball player who has a net worth of 450 million dollars in 2023. He was also the highest-paid NBA player of his time.

How much is LeBron James contract with Nike?

Four-time NBA champion James signed a lifetime deal in 2015 with Nike, reportedly worth more than $1billion.

Who has a 200 million contract in NBA?

Stephen Curry Becomes 1st Player to Receive $200M Contract in NBA History. Fact: Steph Curry reportedly agreed to a five-year, $201 million contract with the Warriors on Saturday, becoming the first player to receive a $200 million contract in NBA history.

What is the highest paid sport?

Basketball is the highest paid sport in the world, with the average annual salary in the NBA in 2023 being nearly $10.5 million. This is more than double the average salary in the NFL, which sits in second place at $4.5 million.

Is Jordan still owned by Nike?

When Did Jordan Brand Separate From Nike? Jordan became it's own brand in 1997. Nike allowed them to operate on their own as a separate entity for the most part, although still technically under the Nike umbrella.

How much does Jordan make a day?

Today, Jordan generates those $3 million every five hours. Nike pays him $410,000 per day and he earns a staggering $150 million based on his 2021 earnings according to Forbes. Michael Jordan makes 5% out of every single Jordan Brand item sold.

Does Michael Jordan own Nike?

Jordan has proven himself to be a shrewd businessman time and again. Through his investments and proper money management, he has become one of the wealthiest athletes on the planet. He also owns the majority stake in the Charlotte Hornets, as well as a sizable percentage his personal brand under Nike, the Jordan Brand.

Who are the three billionaire athletes?

But in terms of net worth, again, only three athletes have made it to the billionaires club. They are LeBron James, Michael Jordan and Tiger Woods.

Who is the highest paid NFL player?

The Green Bay Packers' Aaron Rodgers leads the list, at $50.3 million per year. The Denver Broncos' Russell Wilson is second, at $49 million per season, with the Arizona Cardinals' Kyler Murray at $46.1 million.

How much does Tom Brady make?

Current Contract

Tom Brady signed a 1 year, $15,000,000 contract with the Tampa Bay Buccaneers, including $15,000,000 guaranteed, and an average annual salary of $15,000,000. Contract Notes: 2022 Roster Bonus: $13.88M (fully guaranteed, treated as signing bonus)

What athletes are worth $1 billion?

Forbes: Tiger Woods becomes billionaire, joining LeBron James and Michael Jordan. Tiger Woods now has an estimated net worth of at least $1 billion, according to Forbes. He joins LeBron James and Michael Jordan as the only athletes to reach the mark.

Who is the first billionaire athlete?

Now Woods can add one more accolade to his trophy case: the first athlete to earn $1 billion. Our calculations show that the $10 million bonus Woods earned winning this year's FedEx Cup title nudged him over the $1 billion mark in career earnings.