He has become one of the most successful businessmen in the world and has created an empire worth over $3. 5 billion, which could easily be more. But his retirement from basketball seven months later. · sneaker freaker discusses historical instances of nike in financial troubles and how they always managed to recover and succeed, including early disputes with onitsuka, their rivalry with reebok in the 1980s, and when michael jordan almost left the brand. · since his retirement, jordan has not stayed put. Michael jordan has earned more money from nike every year since 1986 than he ever did from playing basketball. · here is the most staggering financial truth of michael jordan ’ s career, a fact that redefines the relationship between athletic performance and commercial empire: · michael jordan once made a startling confession about his relationship with nike after a decision that cost them millions. · just 35 when he was profiled by fortune , jordan described wanting to step back from his intense career and spend more time with his family. · david falk recalls how nike s first meeting with michael jordan was a complete disaster, nearly ruining the deal before it began.
