Tag: Oklahoma City Thunder

Michael Jordan

Economist: Michael Jordan makes more annually in endorsements than any current NBA player


Michael Jordan and LeBron James have sparked a conversation about who’d win a 1-on-1 game between the two in their primes.

Jordan took himself, as did LeBron.

But when it comes to endorsement money, it’s no contest.

Jordan sets a high bar for any potential sponsors, and they’re obviously willing to meet his lofty demands.

Associated Press:

An expert in sports economics says Michael Jordan’s endorsement income has grown and still eclipses that of current NBA players, including LeBron James.

Smith College economist Andrew Zimbalist testified Monday in federal court in Chicago

He says Jordan’s endorsement income was $75.5 million in 2012.

Here are the NBA’s top endorsers in the last year, according to Forbes:

1. LeBron James – $44 million

2. Kevin Durant – $35 million

3. Kobe Bryant – $26 million

It’s quite remarkable that Jordan – 12 years after his last retirement as a player – collects so much sponsorship money. He’s a marketing force unlike any other.

Al Horford waiting until next summer to discuss contract situation

Al Horford
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As the Hawks try to replicate the success of last year’s 60-win campaign, they will have one major question mark hanging over their heads: Al Horford’s impending free agency. Obviously, the marquee free agent next summer will be Kevin Durant, and he will be the object of the biggest free-agency frenzy since LeBron James in 2010. But Horford will be arguably the second-best player on the market, and coming off a bargain five-year, $60 million deal as the salary cap explodes, he’s going to get paid.

Throughout the season, there will be plenty of speculation about Horford’s future, in Atlanta or elsewhere. But one person who will not be participating in that talk is the Dominican big man himself, according to Chris Vivlamore of the Atlanta Journal-Constitution:

Horford’s free agency talk isn’t going to go away, but with the Hawks looking to be an Eastern Conference contender again, it’s smart of him to nip the speculation early. He may stay with the Hawks and he may not. Either way, he’s going to command a max contract as one of the best and most versatile centers in the NBA at both ends of the floor. It’s a good bet that Atlanta will be aggressive in their effort to keep him. With a good core and coaching staff in place, they have to be considered the clubhouse leaders at this point to sign Horford. But he’ll have no shortage of suitors around the league.

Report: Wizards, Bradley Beal not progressing much on contract extension

During game six of the NBA Eastern Conference semifinals

Bradley Beal and the Wizards have been talking about a contract extension.

How’s it going?

J. Michael of CSN Washington:

The Wizards and Bradley Beal don’t appear to be any closer to reaching terms on an extension — the window is open until the start of the 2015-16 regular season — with both sides downplaying to CSNwashington.com during the past few weeks about the progress of talks.

The good thing for them, of course, is that they haven’t shut down negotiations

Beal will make $5,694,674 next season. An extension would begin with the 2016-17 season.

He surely wants a max contract, and he might be worth one. But the Wizards have incentive to wait.

If Beal signs an extension now, his cap number at the beginning of next summer will be his 2016-17 salary. A max contract projects to have a starting salary of $20,947,250.

If Beal waits until next summer to sign, his initial cap hold will be $14,236,685. Then, Washington could use its cap space and then exceed the cap to re-sign Beal to up to a max deal.

That extra $6.7 million cap room could help ensure the Wizards have enough space for Kevin Durant. Plus, the remainder would come in handy, Washington with Durant would become an appealing destination to mid-level free agents.

Given that Beal would be a restricted free agent, there’s no risk he leaves next summer. The only risk is he’d sign a shorter offer sheet, allowing him to leave sooner, but that shouldn’t be a huge concern.

Of course, Beal doesn’t want to wait to sign. He has missed 54 games in three seasons, and another injury could torpedo his value.

There’s a lot to like about Beal, especially because the sharp-shooting guard is just 22. But the cap rules dictate the Wizards should wait to re-sign him – unless he’s will to sign an extension that starts at $14,236,685 or less (which should be a no-go for him) or give Washington savings in later years (maybe).

If he insists upon a max contract, the Wizards should wait. If he proves this season he deserves one, that’s a win for both sides – especially because that would give Washington a little extra cap room.

John Wall doesn’t expect to make Team USA roster for Rio Olympics

USA Basketball Men's National Team Training Camp

John Wall was just at the Team USA mini-camp in Las Vegas. He is a top-five point guard in the NBA. He has developed into the point guard the Wizards hoped they would get when they selected him No. 1 in 2010.

But don’t expect to see him on the USA Basketball roster for the Rio Olympics next summer.

That’s not just my opinion — it’s what Wall himself told Ben Standig of CSNWashington.com.

“I’ll be out of the picture,” said Wall through a laugh and without any noticeable trace of resentment….

“I’m just being honest,” Wall continued. “Chris Paul has already won one (Olympic gold medal). Steph Curry had an amazing last year and just won the World Cup. Kyrie just won the World Cup. Russell will probably be on the team. They’ll use him as a two-guard. So, I probably won’t make it.”

It’s simply a numbers game.

The USA usually takes four or five guards, three of them point guards (James Harden and Klay Thompson likely are at the two guard spots, in my opinion). Stephen Curry is a lock. If Chris Paul wants to go, he is a lock. And then it comes down to the athletic freak and former Olympian that is Russell Westbrook (I think he makes the team), but if not him then it’s Kyrie Irving, who played for Mike Krzyzewski at Duke and played well for Team USA last summer at the World Cup. Wall said he thinks Irving makes it.

If everyone’s healthy, Wall just misses the cut. Team USA needs three point guards and he’s fifth. Point guard is a ridiculously deep position for Team USA, which is a nice luxury to have, but some very good players just miss the cut.


Michael Jordan and Nike plan first-ever all-Jordan Brand store in Chicago

Michael Jordan

30 years after getting his own shoe with Nike, Michael Jordan is getting his own store. After the wild success of the Air Jordan line of sneakers, Jordan’s name has been spun off into its own separate brand under the Nike umbrella, which counts Russell Westbrook, Blake Griffin and Carmelo Anthony among its endorsers. Now, for the first time ever, Jordan Brand is going to have its own store, separate from the rest of the Nike family. This location in Chicago will exclusively sell Jordan products.

From ESPN.com’s Scoop Jackson and Darren Rovell:

“I’ve been on these guys [at Nike] for some time, [saying] ‘We need to do a Jordan Brand store, and we need to do it in Chicago first,'” Michael Jordan told ESPN.com.

In the past year, a partnership between Nike and Footaction yielded Flight 23 stores in New York, in Las Vegas and two in suburban Chicago. But the new downtown location, named after its address, 32 South State Street, is the first that won’t be a co-branded location. It will be all Jordan.

The idea behind the store is not only to offer a wider selection of Jordan-branded product but also to tell the Jordan story and become part of the community. A space above the store can be used for Jordan-sponsored athletes or as a promotional space.

Chicago obviously seems like the ideal location for a flagship store for Jordan. Even though he’s now the owner of the Charlotte Hornets, he still has deep ties to the city of Chicago, where he won six NBA championships and became arguably the greatest player of all time.