How much was Michael Jordan’s rookie contract worth?

What was Michael Jordan first NBA contract?

Jordan then signed a one-year contract for $30.1 million in 1996-97, when the salary cap stood at $24.3 million. And Jordan signed a one-year deal for $33.1 million in 1997-98 when the salary cap stood at $26.9 million.

How much did Michael Jordan make his first year in the NBA?

To put that salary into perspective, Jordan’s first contract in 1984 paid $2.8 million over four years. That’s about $7 million after adjusting for inflation, or $1.75 million a year.

What was Michael Jordan’s salary with the Bulls?

Michael Jordan NBA Salary

Season Team Salary
1996/97 Chicago Bulls $30,140,000 ($49,585,204*)
1995/96 Chicago Bulls $3,850,000 ($6,508,317*)
1994/95 Chicago Bulls $3,850,000 ($6,706,205*)
1993/94 Chicago Bulls $4,000,000 ($7,141,191*)

Is Lebron James a billionaire?

James has earned more than $1 billion during his 18-year career, with nearly $400 million in salary and more than $600 million in off-the-court earnings, but that doesn’t make him a billionaire. After accounting for taxes, spending and investment returns, Forbes estimates James’ net worth to be about $850 million.

How much does Michael Jordan make from Gatorade?

MJ’s other endorsement deals are with sports Drink Company Gatorade, Hanes, upper deck, McDonald’s, and many more. The ex-athlete earns a little less than $200 million annually from his endorsement deals.

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What companies do Michael Jordan own?

Widely considered as the greatest of all time, Michael Jordan was the pioneer that led NBA basketball to a global stage.

Michael Jordan Net worth (Updated 2021)

Name Michael Jordan
Source of Wealth Former NBA player, Charlotte Hornets team owner
Salary Approx $130 Million
Endorsement Nike, Hanes, Gatorade and Upper deck