Percy calls out Michael Jordan: Nigga you built Nike and you don't have an ownership stake after all these years???
- Thread starter geechiedan
- Start date
Tired of folks making up shit just for attention. Mike owns plenty of shares.
I won't give P too hard of time. He is the business success story Damon Dash always pretended to be.
Lmao
I aint going to watch the video, but P stick to perfecting your third world type creal, nigga!
It's one of the new ways that black people look down on each other.
Same as= "Oh you rent? I Own my place" "you still don't have a passport? I been to 10 countries already" "car note? Lol nah I paid my off full in cash"
If you don't "own" something you arent truly winning to these people.
How many No Limit artist were given ownership stake?
How many of his current employees and endorsment partners have ownership in his companies?
How many of his current employees and endorsment partners have ownership in his companies?
I edited this cause I NOR THE REST OF YOU KNOWS MICHAEL'S BUSINESS,NEVER MET THE MAN AND PROBABLY NEVER WILL.
MJ HAS DONE A GREAT JOB AT KEEP NIGGAS OUT OF HIS BUSINESS AND WE CAN ONLY ASSUME ABOUT WHAT WE'VE HEARD ABOUT HIM....
MASTER P AND MIKE BOTH HAVE MORE MONEY THAN WE DO.....THE END.
MJ HAS DONE A GREAT JOB AT KEEP NIGGAS OUT OF HIS BUSINESS AND WE CAN ONLY ASSUME ABOUT WHAT WE'VE HEARD ABOUT HIM....
MASTER P AND MIKE BOTH HAVE MORE MONEY THAN WE DO.....THE END.
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Mike is a billionaire and owns a team.
Nope...not sure why P went there
Not true, MJ had a strong endorsement portfolio BEFORE he won a ring. It's funny how folks call a white athlete a businessman for setting up a stellar endorsement portfolio but the same is not true of a black athlete. You have to be a shrewd businessman to set up the correct portfolio of endorsements, MJ has been able to rid some most of those endorsements into retirement some 20 yrs after he played his last game.
P made his initial fortune as an artist & label owner & that allowed him to branch out. P probably built more of his intial $$$$ of the backs of others & how many of those artist are still eating or making $$$$ off the masters that he owns..lol
P is right. MJ stans mad.
Mike is ONLY a billionaire due to rising value of NBA franchises of the last decade. Not business acumen. Prior to that he didnt even have enough to outright buy his team which was only $300 million or so at the team of purchase. NBA team valuation began to skyrocket during his first decade of ownership due to TV and broadcast rights deals. Thats when he reached billionaire status. Mike still being essentially a high paid employee of Nike on salary deal is some shameful shit.
Mike is ONLY a billionaire due to rising value of NBA franchises of the last decade. Not business acumen. Prior to that he didnt even have enough to outright buy his team which was only $300 million or so at the team of purchase. NBA team valuation began to skyrocket during his first decade of ownership due to TV and broadcast rights deals. Thats when he reached billionaire status. Mike still being essentially a high paid employee of Nike on salary deal is some shameful shit.
Crab shit
You’re one stupid old fuck.
I be wanting to slowely slow down his air supply
The truth doesnt need you to like it. Bitch nigga.
Michael Jordan Has Made Over $1 Billion From Nike — The Biggest Endorsement Bargain In Sports
Nike has paid Michael Jordan an estimated $1.3 billion over nearly four decades, but the Jordan Brand is easily worth more than $10 billion, in addition to the billions of dollars in profits it generated for the Swoosh.
www.forbes.com
There's truth in this.
Mike gets paid a salary from Brand Jordan and probably does have shares of Nike stock. However let's not act like Brand Jordan wasn't holding Nike down and keeping them relevant (aka in "Urban Culture") for the better part of 30 years.
Phil Knight getting paid significantly more off Jordan's Brand than he did/does is the issue I have.
Yes Nike has to do the manufacturing, distribution....etc. But if Jordan wasn't "great" that brand wouldn't continue to sell.
Jordan Brand Leads Nike Resurgence in Sales and Shares
Nike’s fourth-quarter sales were almost double those of a year ago as the company reported its fiscal 2021 earnings to Wall Street on Thursday afternoon. Revenue in the fourth quarter, ending May 31, was up 96% to $12.3 billion, helping the athletic goods maker post a 19% year-over-year sales...
Jordan Brand did $4.7 Billy for the fiscal year last year. Let's say Nike only profits 20 cents on the dollar (extremely conservative) thats still $940 mil. Jordan allegedly only gets $100-$150 mil directly from "his" brand....that leaves $800 mill in profits back to Phil Knight, the board and Nike
Man what the fuck
Michael Jordan Has Made Over $1 Billion From Nike — The Biggest Endorsement Bargain In Sports
Nike has paid Michael Jordan an estimated $1.3 billion over nearly four decades, but the Jordan Brand is easily worth more than $10 billion, in addition to the billions of dollars in profits it generated for the Swoosh.
See this part.... Mike made allegedly $130 mil in 2019 to reach $1.3 billion in 26 years.....that was a hell of a bargain for Nike......
nah bruh damon dash WAS a success story its just he didnt have
the personality to build bridges... and he pissed off too many people...
when the cacs saw a rift between him and his camp, they exploited that shit..
and damon dash head was so far up his wazuu he didnt even see it coming.....
but for a minute.. he was THAT dude bruh... he is just soo egotistical
it makes him delusional..
He will never be completely broke, because he knows how to move
in these streets... he just will never be what he once was, because
he burnt waaaay to many bridges... his only hope,
is for jayz to throw him a bone..
Niggas in here saying he only made 126 million and 1.3 billion in 26 years. Meanwhile these same niggas talking about holding stocks for the long haul and will only make a few thousand if that on their Apple stocks lmbaooo Jordan made 13 times the money in 26 years and niggas talking about he lost. Dumb asses act like if he owned the company he’d make more. Even the CEO of Nike ain’t seeing that kind of money. They have share holders and a board. Dumb ass niggasThis is like the real life example of a BGOL Financial Advisor.
On the flip side, he made over a billion with no money out of pocket.
There's no guarantee that Nike would have given him any ownership options.
Ask George Lucas the difference between owning the Star Wars franchise and being well compensated for it, my guess would be about six billion dollars.