noun. 1  A group of persons forming a cohesive, usually contentious minority within a larger group. 2  Conflict within an organization or nation; internal dissension: âOur own beloved country â¦ is now afflicted with faction and civil warâ ( Abraham Lincoln )
Michael Jordan net worth: Michael Jordan is a former American basketball player and entreprenuer who has a net worth of $1.1 billion. Even though Michael has not played professionally in over a decade, he still earns an estimated $80-100 million per year from endorsements and various other business ventures.
On the advice of Vaccaro, Nike offered Jordan $500,000 a year in cash for five years, which was a ridiculous number at the time. The previous highest contract was James Worthy's deal with New Balance, an eight-year deal worth $150,000 a year.