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Asphalt GODS
Michael Jordan
You can now get your hands on the highest single-season contract in NBA history. The Chicago Bulls paid Michael Jordan $33 million for the 1997-’98 campaign — MJ’s last with the team, culminating in the franchise’s sixth championship. An original copy of the deal is now up for auction. Per ESPN:
The original estimate for the contract’s value by the company auctioning it, Dallas-based Heritage Auctions, was $30,000, but with a week remaining until the bidding closes next Thursday night, bidding has already topped $28,000.
“It’s hard to compare this to anything we’ve sold,” said Chris Ivy, the company’s director of sports auctions. “It’s Jordan, who is in a class by himself, and, to our knowledge, this is the only Jordan playing contract to ever surface.”
Even still, the contract was once obtained for a bargain. Ivy said the consignor, who prefers to remain anonymous, bought the contract as part of a charity auction in 2000 for less than $1,000.
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Re: Michael Jordan
Heh. Going by inflation rates Jordan's $33,000,000 would be worth $45,456,236 in today's dollars.
He deserved it though. Made the NBA a ton of money. Made all NBA players after him a ton of money too.
Fun fact (i have a lot of NBA player anecdotes):
MJ thought Magic and Bird deserved all the endorsement and sponsorship money that MJ made. He had half their championships (at the time) but was making much more in endorsements and watnot. But it was a bit of luck and a great agent.
Last edited by played0ut; 07-24-2014 at 04:46 PM.
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Asphalt GODS
Re: Michael Jordan
Worth that money, no doubt. Jordan made NBA popular worldwide.
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Expert Analyst
Re: Michael Jordan
Originally Posted by played0ut
Heh. Going by inflation rates Jordan's $33,000,000 would be worth $45,456,236 in today's dollars.
With today's CPI, Jordan's 33mil contract back at the time is a sh*tload
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NBA Legend
Re: Michael Jordan
He was paid more that season than his teammates combined.
Still believe he quit to play baseball because he thought he was getting underpaid and Kraus wouldn't redo his contract.
That's what happens when you're dumb enough to sign an 8yr contract.
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HomieWeMajor
Fan in the Stands (unregistered)
Re: Michael Jordan
All that money but still couldn't pay off the mobsters that murdered his father
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One of the Goodfellas
Re: Michael Jordan
Originally Posted by HomieWeMajor
All that money but still couldn't pay off the mobsters that murdered his father
You're a douche, congrats.
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Local High School Star
Re: Michael Jordan
Originally Posted by HomieWeMajor
All that money but still couldn't pay off the mobsters that murdered his father
They never gave him the option, but like the sheep you are you will believe anything you are told.
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Asphalt GODS
Re: Michael Jordan
Originally Posted by HomieWeMajor
All that money but still couldn't pay off the mobsters that murdered his father
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Brooklyn
Re: Michael Jordan
$30,000 you say?
Interesting. I could use a some new toilet paper.
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