šŸ€ How Michael Jordan Made His Billions

Morning Baller!

Donā€™t you just wanna be like Mike?

No, not that Mike. This Mike:

Closerā€¦

Yes! Michael Jordan.

Whatā€™s not to wanna be like?

  • Most NBA championships won by any player

  • Most MVP awards won by any player

  • Billionaire

Now ā€“ I wonā€™t speak for you ā€“ but 2 out of those 3 things I canā€™t become no matter how hard I try. Iā€™m 5ā€™9ā€, 20% body fat, and play the piano.

But the last thing! I'm only $1,000,015,518 away.

So how does Michael Jordan become the first billionaire athlete?

It starts in 1984, when Michael Jordan gets drafted #1ā€“

Oops, sorry. Hakeem Olajuwon was drafted first overall that year.

Then Michaeā€“

Jesus. Okay, then Michael Jordan?

If it were the olympics, that would have looked something like this:

Bummer.

Except it was only a bummer for the Houston Rockets and Portland Trail Blazers. Jordan goes total GOAT status that year winning ā€˜Rookie of the Year.ā€™

Whoops.

Then he spends the next 13 seasons with the Bulls, winning 6 championships and the MVP all 6 times. Oh and one of those championships games he scored 38 points ā€“ with the flu and a 103ā„‰ fever.

Suck it, soccer sissies.

Okay, so his money..

In those 13 seasons he spent with the Bulls, he only made $90 MILLION dollars in salary.

But when youā€™re #1 in the world and winning championships with influenza, youā€™re bound to get offers for a sponsorship dealā€¦or 3..

Jordan famously had offers from Adidas, Nike, and Converse but didnā€™t know which to take. So he turned to his Mom:

No.

Yes.

And the deal was done.

$500,000/yr for 5 years so long as Jordan endorsed Nike shoes.

PLUS Nike would make that endorsement easy by giving Jordan his own shoe line and 5% of sales. Thatā€™s how we got these beauties:

With Nike now controlling 90% of the basketball shoe market, this deal still makes Michael Jordan hundreds of millions of dollars per year.

ā€˜But Smart Nonsense, surely hundreds of millions of dollars does not equal a billion dollarsā€™

Gonna use my full name, huh. Yes. Fine.

Well Iā€™m no Wall Street quant, but Mikeā€™s portfolio looks something like this:

Notice how almost all of his wealth came from things outside his NBA salary.

Thatā€™s GOAT status.

Now Iā€™ll brb. Iā€™ve got $1,000,015,518 I need to go make ASAP.

Stay Cute,
Henry & Dylan šŸŒˆ

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P.P.S Click below to watch the Michael Jordan video šŸ‘‡