Percy calls out Michael Jordan: Nigga you built Nike and you don't have an ownership stake after all these years???

Mo-Better

The R&B Master
OG Investor
Well lets get one thing straight, Nike was going to make it regardless of MJ or not. He did help make them bigger, I'll give him that.

Now if he owns no shares I'd be shocked.
 

doug777

Rising Star
BGOL Investor
Its easy to judge in hindsight but they wouldn't have given him ownership...

Why would they give an ownership stake to someone who can have a career ending injury before the ink is dry on the contract? Or someone who can randomly retire in his prime?

Also Nike owned the trademarks - the logo, the "Air Jordan" name, the designs....
So you're saying they would have told Jordan to kick rocks, I don't know about that.
 

REDLINE

Rising Star
BGOL Investor
Finally you guys can rest easy, MJ has stock options!

denzel-relieved.gif


:lol:


Nike offered Jordan $500,000 a year in cash for five years, by far the richest sneaker contract in history. James Worthy had previously held the record for the richest sneaker deal, making $150,000 annually for eight years with New Balance. In addition to stock options and other miscellaneous parts of the deal, Falk said Jordan would stand to make $7 million over five years, as long as Nike did not terminate the contract.

https://www.celebritynetworth.com/articles/sports-news/nike-landed-michael-jordan/
 

black again

Rising Star
BGOL Investor
I don't like this comparison because Lucas was extremely protective of his baby. He got a cut from legal merch, but he also hindered it severely by being the only director and having so large of gaps in the movies. And waiting late to allow spinoff cartoons and comics.

But Disney got a hell of a deal with that $4 bill.....


Update.....shit George was smart. He took 55% in cash and 45% in Disnry stock. Roughly 37 million shares (about $50 each at the time) 2.1% of Disney...


In the last 9 years that stock value has increased from $1.9 billion to nearly $7 billion

Disney pimped the hell out of SW after that deal. Easily making back the initial $4 bill investment in a few years.
The reason why he became the only director is because no one he asked including his friend Spielberg wanted to direct them. When he asked Ron Howard, Ron said Lucas should direct his own stuff.

Lucas directed the first movie (ep4).

Kerschner directed Empire Strikes Back and Marquand directed Return of the Jedi.
 

REDLINE

Rising Star
BGOL Investor
P corrected himself on his instagram

There was no need for him to correct anything, it’s not his fault that the intelligence level of people is low.

P was encouraging people to become owners instead of employees. He didn’t criticize or call out MJ. He simply used MJ as an example of “What if” MJ had stake in the company or ownership. And he used MJ because of the success that he brought to Nike.

His comments were to have us “Black People” think about the bigger picture, and to think of being more than just the talent but to be an owner.

Unfortunately his comments were taking in the extremely wrong direction and fell on deaf ears.
 

dagoon121

Rising Star
BGOL Investor
There was no need for him to correct anything, it’s not his fault that the intelligence level of people is low.

P was encouraging people to become owners instead of employees. He didn’t criticize or call out MJ. He simply used MJ as an example of “What if” MJ had stake in the company or ownership. And he used MJ because of the success that he brought to Nike.

His comments were to have us “Black People” think about the bigger picture, and to think of being more than just the talent but to be an owner.

Unfortunately his comments were taking in the extremely wrong direction and fell on deaf ears.
Google said that Jordan gets 5% of all Nike’s earnings
That’s ownerships
 

hardawayz16

Rising Star
Registered
Question: “Why would they give him ownership and a stake in the company”?

Answer: Because Nike was hoping to sell 3 million dollars worth of Air Jordan’s over 3 years and sold 125 million dollars worth of Air Jordan’s in the first year.

That’s why he should’ve pushed for ownership and a stake in the company.

But that’s hindsight.

Plenty of people outperform their contracts.
 

REDLINE

Rising Star
BGOL Investor
Plenty of people outperform their contracts.

Plenty also underperform but that’s not the point.

Jordan made 122 more million dollars for Nike in one year when they were hoping for 3 million over three years.

You can continue to stand by your point but you’ll sound like a troll.
 

godofwine

Supreme Porn Poster - Ret
BGOL Investor
Nigga act like he knows what is in Jordan's stock portfolio.
Who says he doesn't have shares?

Sometimes P be talking to be talkin....
I hate when people start talking about someone else's Pockets like they know what's in them.

Master P has never met Michael Jordan other than maybe in passing so he has no idea what's in that man's portfolio.

He can say Michael Jordan hasn't done much if anything for the black community, which would be accurate, but he can't say he doesn't have a stake in Nike. Who the fuck knows but Michael Jordan and Nike and who the fuck cares
 

Dr. Truth

GOD to all Women
BGOL Investor
Plenty also underperform but that’s not the point.

Jordan made 122 more million dollars for Nike in one year when they were hoping for 3 million over three years.

You can continue to stand by your point but you’ll sound like a troll.
You don’t know that cacs posting history? That’s a pro Trump right wing cac troll
 

REDLINE

Rising Star
BGOL Investor
What P talkin bout? The Jordan brand is its own entity that Mike completely owns in partnership with Nike.. P do know Mike owns an NBA franchise right? :lol:

MJ does not own Jordan Brand, watch the actual video before commenting.

Not coming at you but your response doesn’t make sense if you watched the video.
 

tallblacknyc

Rising Star
Certified Pussy Poster
Finally you guys can rest easy, MJ has stock options!

denzel-relieved.gif


:lol:


Nike offered Jordan $500,000 a year in cash for five years, by far the richest sneaker contract in history. James Worthy had previously held the record for the richest sneaker deal, making $150,000 annually for eight years with New Balance. In addition to stock options and other miscellaneous parts of the deal, Falk said Jordan would stand to make $7 million over five years, as long as Nike did not terminate the contract.

https://www.celebritynetworth.com/articles/sports-news/nike-landed-michael-jordan/
He was given more than 3 times the richest contract b4 him as a sneaker deal.. most people will sleep on that part.. look at people like Robert Downey he made like 50 million to be iron man.. now look at black Panther if Disney gave him 150 million to do that role in which they made 2 billion + and at the time was the highest grossing marvel movie there will be people that would still say he was underpaid and not look at the fact he was paid 3 times more than any other marvel actor at the time.. people are in 2022 looking at Jordan contract in the mid 80s with a shoe brand that wasn’t number 1 at the time and had no idea how successful his shoe was gonna be..it’s easy to say something after it happened instead of real time
 

BDR

BeatDownRecs
BGOL Investor
MJ does not own Jordan Brand, watch the actual video before commenting.

Not coming at you but your response doesn’t make sense if you watched the video.
Ok so it’s a branding deal.. Mike Owns an NBA team correct? This ain’t no different that P with the rap snacks on supermarket shelves.. it’s a branding deal
 

REDLINE

Rising Star
BGOL Investor
Ok so it’s a branding deal.. Mike Owns an NBA team correct? This ain’t no different that P with the rap snacks on supermarket shelves.. it’s a branding deal

P didn’t call out or talk down on MJ, as seen in the video.
 

REDLINE

Rising Star
BGOL Investor
He was given more than 3 times the richest contract b4 him as a sneaker deal.. most people will sleep on that part.. look at people like Robert Downey he made like 50 million to be iron man.. now look at black Panther if Disney gave him 150 million to do that role in which they made 2 billion + and at the time was the highest grossing marvel movie there will be people that would still say he was underpaid and not look at the fact he was paid 3 times more than any other marvel actor at the time.. people are in 2022 looking at Jordan contract in the mid 80s with a shoe brand that wasn’t number 1 at the time and had no idea how successful his shoe was gonna be..it’s easy to say something after it happened instead of real time

P’s comments were to have future Black athletes and entrepreneurs think of ownership and stakes in companies that they do business with.

It a wasn’t an attack or critique of MJ and his business deals.
 

hardawayz16

Rising Star
Registered
Jordan made 122 more million dollars for Nike in one year when they were hoping for 3 million over three years.

So by your logic I guess the person who created the popeyes chicken sandwich should be demanding ownership shares of popeyes....
 

REDLINE

Rising Star
BGOL Investor
So by your logic I guess the person who created the popeyes chicken sandwich should be demanding ownership shares of popeyes....

You damn right they should! Have you had their sandwich?

And the person who invented water should get a percentage of all of the bottled water sales!



As you can tell, I no longer take you seriously.
 

christop

Rising Star
Registered
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.
It's no evidence he didn't have enough to buy the team it's true he didn't really spend his own money up front but he been had the investment group together he had that ready in 03 lol. Most owners don't spend they own money initially everyone knows that.
 
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