Nikey be robbing nikkas...earning 2.25 billion last year alone they should at a minimum be paying him 10% vs roughly the 4%. 225-250 million is my thought given all that he generates for them. Let's take the low end of that number and say 225 mill over the past 10 years and MJ has lost out on ~ 2.2 billion during that time and even more if you take the high end at 10%. If you want to be fair and split his earnings with Nike @ 60 / 40 or 70 / 30 then at the 70/30 split which is Kool being generous dude has lost out on well over 7 billion dollars over the last 10 yrs alone...these are just rough numbers in my head but you get then gist of where I'm coming from...
http://finance.yahoo.com/news/michae...120000093.html
Personally I'm disgusted when I see all my brothers and sisters standing in long lines to buy his shoes...and then robbing each other over it..I see little babies in baby cribs with Jordan's on and I'm like WTF..I guess it's some sort of status symbol when you're poor. Personally I've only bought MJ's once in my life the black and white Patent Leathers and never again...I wore Addidas, FILA, BK's, and LA Gear...now I'm a Kobe man... those MJ's
I've owned several AJ's but then it started becoming stupid with people killing it each other for it, smh. I haven't bought Jordans since 98, which was the 14's IIRC. Shame on Jordan for letting his people pay tons for reissues with quality obviously worst than the OG's but theta's capitalism for you.
The Jordans which I bought were piss poor quality. The adidas, Converse Wades and And1s in comparison were of much better quality.
Then the IRS took their rightful portion BEFORE forwarding what was left.
TBH Nike created MJ's legendary image
nike and jordan are seperate lines man
dont know if he gets full revenue from his own jordan line or just a %
if hsi pissed, the amount of money his made already, could just buy nike shares and become a owner
lol shoes
That's 25%, Capri.
- Correction
significantly less than that, albeit a fairly large portion when considering revenue vs profit
Last edited by Katherine Robinson; 03-01-2014 at 01:51 PM.
My connectivity Saturday morning.
no
They, along with the media, created the Jordan myth, the Air image, if it wasn't for Nike and softer rule changes in 1991 we wouldnt be talking of MJ as the GOAT.
MJ was overmarketed by Stern, Nike and the media
Just watch game 5 of the 1993 ECF Finals or the 55 pts game vs Phoenix, you couldnt breathe on Mike
Last edited by lefty; 03-01-2014 at 03:35 PM.
thanks for trying to make the case for Kobe
^
Not really, MJ still s on Kirby
Revenue and sales do not equal profit. Jordan received $90 million in PROFIT. Nike made $2.25 billion in REVENUE. No one except Nike executives know what the Jordan's line operating margin is. However, we know Nike's overall operating margin is 13.72% because it's a publicly traded company. $2.25 billion x .1373 = $305,270,000. Of that $300 million, Jordan received $90 million, which is roughly 30% of the profits.
Revenue and sales do not equal profit. Jordan received $90 million in PROFIT. Nike made $2.25 billion in REVENUE. No one except Nike executives know what the Jordan's line operating margin is. However, we know Nike's overall operating margin is 13.72% because it's a publicly traded company. $2.25 billion x .1373 = $305,270,000. Of that $300 million, Jordan received $90 million, which is roughly 30% of the profits.
that's pretty impressive tbh..
[QUOTE=024;7164372]
Revenue and sales do not equal profit. Jordan received $90 million in PROFIT. Nike made $2.25 billion in REVENUE. No one except Nike executives know what the Jordan's line operating margin is. However, we know Nike's overall operating margin is 13.72% because it's a publicly traded company. $2.25 billion x .1373 = $305,270,000. Of that $300 million, Jordan received $90 million, which is roughly 30% of the profits.
LOL @ the operating margin arguement. It's is a complete facade when everyone knows they pay 1cent per sneaker in sweat factories only to turnaround and sell them for 1000 + % of the cost. When it comes to MJ shoes he's not getting no where close to 30%...dude is being robbed blind.
[QUOTE=Koolaid_Man;7164419]You are a stupid mofo
Revenue and sales do not equal profit. Jordan received $90 million in PROFIT. Nike made $2.25 billion in REVENUE. No one except Nike executives know what the Jordan's line operating margin is. However, we know Nike's overall operating margin is 13.72% because it's a publicly traded company. $2.25 billion x .1373 = $305,270,000. Of that $300 million, Jordan received $90 million, which is roughly 30% of the profits.
LOL @ the operating margin arguement. It's is a complete facade when everyone knows they pay 1cent per sneaker in sweat factories only to turnaround and sell them for 1000 + % of the cost. When it comes to MJ shoes he's not getting no where close to 30%...dude is being robbed blind.
So Jordan got paid $9,000,000 to do absolutely nothing other than let Nike use his name.
Pretty good deal imo.
I'd say the sweatshop workers who get paid 50 cents an hour to make Nike shoes are the ones getting shafted.
[QUOTE=Brazil;7164431]You know Brazil i got to thinking....and its like Pee-Wee Herman said: "I know you are but what am I."
Do you seriously not know the difference between revenue and profit? Holy . I knew you were a knuckle-dragger, but this is some next level .
So he gets a good deal for letting them use his name and they get a mega deal...my original point stands..he's getting ed. Lol
So?
[QUOTE=Koolaid_Man;7164442]And you are stupid 1 cent sneaker
You know Brazil i got to thinking....and its like Pee-Wee Herman said: "I know you are but what am I."
i guess designers, marketing, sg&a, transport... are not costs
stupid
if you want to troll work a bit
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