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
|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.
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)
|Source of Wealth||Former NBA player, Charlotte Hornets team owner|
|Salary||Approx $130 Million|
|Endorsement||Nike, Hanes, Gatorade and Upper deck|