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(Yahoo)   Even in retirement, Michael Jordan earns $80 million a year   (sports.yahoo.com) divider line 37
    More: Cool, Michael Jordan, Antawn Jamison, Under Armour, Nike Inc., Air Jordan, Hanes, suggested retail price, upper deck  
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1974 clicks; posted to Sports » on 15 Feb 2013 at 7:16 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-02-15 07:35:11 AM
It should be noted that the article mentions pay from the Bulls.  That is the total amount - just over $91 million - total from the Bulls over 14 years.  There were a number of years in which he was the league MVP and was not in the top three or four highest paid players on his own team.  Jordan always understood the real dollars came from endorsements, and endorsements come from championships.
 
2013-02-15 07:50:39 AM
my first reaction was to call BS on his salary total because i destincly remember him earning 30 mil + for two straight years with the bulls. I did some research to find out the shocking truth

According to Basketball Reference:
1984-85 - $550,000
1985-86 - $630,000
1986-87 - $737,500
1987-88 - $845,000
1988-89 - $2,000,000
1989-90 - $2,250,000
1990-91 - $2,500,000
1991-92 - $3,250,000
1992-93 - $4,000,000
1993-94 - $4,000,000
1994-95 - $3,850,000
1995-96 - $3,850,000
1996-97 - $30,140,000
1997-98 - $33,140,000

Total 91,742,500

They basically ROBBED him for 10 years.
 
2013-02-15 07:51:44 AM
I'm shocked - SHOCKED! - that the greatest basketball player ever would still be making millions of dollars a year in his retirement! I guess selling underwear and sugared urine drinks is pretty profitable.
 
2013-02-15 08:14:51 AM
With that kind of money rolling in he could buy a NBA Franchise and with a former player of his caliber at the helm I bet that team would just win championship after championship.
 
2013-02-15 08:52:06 AM
THANKS OBAMA!!!!!!
 
2013-02-15 08:53:34 AM

poisonedpawn78: my first reaction was to call BS on his salary total because i destincly remember him earning 30 mil + for two straight years with the bulls. I did some research to find out the shocking truth

According to Basketball Reference:
1984-85 - $550,000
1985-86 - $630,000
1986-87 - $737,500
1987-88 - $845,000
1988-89 - $2,000,000
1989-90 - $2,250,000
1990-91 - $2,500,000
1991-92 - $3,250,000
1992-93 - $4,000,000
1993-94 - $4,000,000
1994-95 - $3,850,000
1995-96 - $3,850,000
1996-97 - $30,140,000
1997-98 - $33,140,000

Total 91,742,500

They basically ROBBED him for 10 years.


Uhh... no. David Falk changed the game, and Jordan is getting the last laugh. And he's laughing a LOT and doing it often. The results speak for themselves.
 
2013-02-15 09:04:48 AM
It still doesn't excuse him for being a petty asshole
 
2013-02-15 09:23:38 AM
So whats the over/under on how many people get robbed on their way home after buying the new shoes when they come out next week?  I'm sure MJ has already placed his bets.
 
2013-02-15 09:30:04 AM

poisonedpawn78: my first reaction was to call BS on his salary total because i destincly remember him earning 30 mil + for two straight years with the bulls. I did some research to find out the shocking truth

According to Basketball Reference:
1984-85 - $550,000
1985-86 - $630,000
1986-87 - $737,500
1987-88 - $845,000
1988-89 - $2,000,000
1989-90 - $2,250,000
1990-91 - $2,500,000
1991-92 - $3,250,000
1992-93 - $4,000,000
1993-94 - $4,000,000
1994-95 - $3,850,000
1995-96 - $3,850,000
1996-97 - $30,140,000
1997-98 - $33,140,000

Total 91,742,500

They basically ROBBED him for 10 years.


Actually those salaries for the late 80's/early 90's aren't that ridiculous. in 1990 the team with the highest payroll in the league was Cleveland, at $14.4 million. The cap was $11.8 mil. Orlando that year had a team payroll of $7.8 million. Total.

Let's not forget that CBS was airing NBA playoff games on tape delay as recently at '86.
 
2013-02-15 09:37:59 AM
Has he started paying off on his golf bets, or is he still doing a Nicky from Casino deal?
 
2013-02-15 09:46:08 AM

jayhawk88: Let's not forget that CBS was airing NBA playoff games on tape delay as recently at '86.


Yeah, some people don't recall that in the 70s & early 80s, while today the NBA & MLB are fairly similar in popularity, the NBA could be argued to be fighting almost neck and neck with the NHL as far as national popularity (although, even tape delay at 11:30pm on CBS was better than your Finals games on USA Network back when hardly anyone had cable).
 
2013-02-15 09:48:24 AM
And for the shock of the subby...... not really shocking.... Elvis still earns $50 million a year and he's been dead for 30 years.
 
2013-02-15 09:58:26 AM
I bet he gambles a lot of it though.
 
2013-02-15 10:05:09 AM
LeBron is better and earns more money.
 
2013-02-15 10:06:41 AM
Those moustache trimmers don't come cheap.
 
2013-02-15 10:10:58 AM
The top 10 paid players in today's NBA are, as you'd expect,

1) Kobe Bryant
2) Brandon Roy
3) Dirk Nowitzki
4) Gilbert Arenas
5) Amare Stoudemire
6) Joe Johnson
7) Carmelo Anthony
8) Dwight Howard
9) Pau Gasol
10) Elton Brand
 
2013-02-15 10:32:02 AM

dletter: jayhawk88: Let's not forget that CBS was airing NBA playoff games on tape delay as recently at '86.

Yeah, some people don't recall that in the 70s & early 80s, while today the NBA & MLB are fairly similar in popularity, the NBA could be argued to be fighting almost neck and neck with the NHL as far as national popularity (although, even tape delay at 11:30pm on CBS was better than your Finals games on USA Network back when hardly anyone had cable).


And now MLS is out-drawing the NBA in in-person attendance.  Granted, MLS uses bigger stadiums.
 
2013-02-15 10:38:56 AM

UNC_Samurai: And now MLS is out-drawing the NBA in in-person attendance.  Granted, MLS uses bigger stadiums.


And plays fewer games.  And has an average ticket price a little more than half the average NBA ticket.
 
2013-02-15 10:48:10 AM
That means he is still up $30 mill after gambling away $30 mil and losing another $20 mil on the golf course
 
2013-02-15 11:06:04 AM
Why are the salaries of professional athletes available to the public?
 
2013-02-15 11:14:47 AM

Nurglitch: Those moustache trimmers don't come cheap.

You know who else was at the height of his earning power at age 50?

/got nothin'
 
2013-02-15 11:21:40 AM

Free Radical: LeBron is better and earns more money.


img210.imageshack.us
 
2013-02-15 11:23:55 AM

Yanks_RSJ: And plays fewer games. And has an average ticket price a little more than half the average NBA ticket.


I have friends that are part of DC United's Screaming Eagles.  For $25 a season you get a jersey, discounts on tickets and apparel, and oh yeah FREE BEER AT THE PRE-GAME TAILGATE.

Or, I could drive to Charlotte, pay $40 for a ticket in the rafters, pay $11 for a Hardee's burger combo, and watch some utterly despicable basketball.
 
2013-02-15 11:44:37 AM

you have pee hands: The top 10 paid players in today's NBA are, as you'd expect,

1) Kobe Bryant
2) Brandon Roy
3) Dirk Nowitzki
4) Gilbert Arenas
5) Amare Stoudemire
6) Joe Johnson
7) Carmelo Anthony
8) Dwight Howard
9) Pau Gasol
10) Elton Brand


Holy crap, some teams should be contracted on the basis of the inability to draft reasonable contracts.
 
2013-02-15 11:52:52 AM

Yanks_RSJ: UNC_Samurai: And now MLS is out-drawing the NBA in in-person attendance.  Granted, MLS uses bigger stadiums.

And plays fewer games.  And has an average ticket price a little more than half the average NBA ticket.


All true.   While the MLS has certainly made its foothold to make it in the conversation of the "major" sports leagues in the US along with NFL, NBA, MLB and NHL, that is mostly in the areas of in-game attendance and auxiliary revenue (ie, most teams have their own stadiums, and can get revenues from other events and income streams in-stadium, vs. smaller leagues like Arena Football who are just tenants of NBA/NHL arenas)....  it is still even below the NHL in two major areas.... corporate sponsorship dollars and TV ratings.

Once MLS can crack those two nuts and be on par with even the NHL, that will be a big shift.
 
2013-02-15 12:27:44 PM

dletter: All true. While the MLS has certainly made its foothold to make it in the conversation of the "major" sports leagues in the US along with NFL, NBA, MLB and NHL, that is mostly in the areas of in-game attendance and auxiliary revenue (ie, most teams have their own stadiums, and can get revenues from other events and income streams in-stadium, vs. smaller leagues like Arena Football who are just tenants of NBA/NHL arenas).... it is still even below the NHL in two major areas.... corporate sponsorship dollars and TV ratings.

Once MLS can crack those two nuts and be on par with even the NHL, that will be a big shift.


The MLS is near the popularity of the NHL, which says more about the NHL than the MLS.

The NHL isn't really a major US sport.  It's a highly rated niche sport.
 
2013-02-15 01:05:57 PM
That should cover his gambling habit
 
2013-02-15 01:10:08 PM

poisonedpawn78: They basically ROBBED him for 10 years.


In his first year of playing for the NBA, he was making more than the President of the United States.
 
2013-02-15 01:12:59 PM

Uncle Pooky: I bet he gambles a lot of it though.


What ELSE would you do with 80 mil a year? You can't possibly do that much hookers and blow without your penis and nose falling off, so...yeah...may as well piss it away on gambling.
 
2013-02-15 01:39:01 PM

MugzyBrown: dletter: All true. While the MLS has certainly made its foothold to make it in the conversation of the "major" sports leagues in the US along with NFL, NBA, MLB and NHL, that is mostly in the areas of in-game attendance and auxiliary revenue (ie, most teams have their own stadiums, and can get revenues from other events and income streams in-stadium, vs. smaller leagues like Arena Football who are just tenants of NBA/NHL arenas).... it is still even below the NHL in two major areas.... corporate sponsorship dollars and TV ratings.

Once MLS can crack those two nuts and be on par with even the NHL, that will be a big shift.

The MLS is near the popularity of the NHL, which says more about the NHL than the MLS.

The NHL isn't really a major US sport.  It's a highly rated niche sport.


True... many would say there isn't a "Big 4" in the U.S. in Pro Team sports, as much as a "Big 3 1/2".   With MLS you could call it the "Big 3 3/4".
 
2013-02-15 01:50:52 PM

Munchausen's Proxy: Jordan always understood the real dollars came from endorsements, and endorsements come from championships.


Which is why Nike waited until 1984 to sign an endorsement deal with him, seven years before he won his first championship.

/endorsements come through being a great player and appearing to be a good person
 
2013-02-15 02:29:41 PM

Lando Lincoln: poisonedpawn78: They basically ROBBED him for 10 years.

In his first year of playing for the NBA, he was making more than the President of the United States.


Yea, but Reagan didn't have much of a jump shot.
 
2013-02-15 02:44:09 PM
How much of that did he then gamble away?
 
2013-02-15 03:11:35 PM
How much does Craig Ehlo pay MJ a year?  MJ's owned him for years.
 
2013-02-15 04:17:40 PM

Lando Lincoln: Uncle Pooky: I bet he gambles a lot of it though.

What ELSE would you do with 80 mil a year? You can't possibly do that much hookers and blow without your penis and nose falling off, so...yeah...may as well piss it away on gambling.


I was actually going for a "see what I did there"... and I guess I failed.
 
2013-02-15 06:07:59 PM

MmmmBacon: I'm shocked - SHOCKED! - that the greatest basketball player ever would still be making millions of dollars a year in his retirement! I guess selling underwear and sugared urine drinks is pretty profitable.


I'm shocked that all of that work is called "retirement."
 
2013-02-15 07:12:31 PM
And the #3 and #4 highest-earning pro golfers in 2012 were... Arnold Palmer and Jack Nicklaus. They made $64,955,000 between them.

$155,000 was on-course (all Jack).
 
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