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In Charlotte, a team and its owner, Michael Jordan, get a do-over In Charlotte, a team and its owner, Michael Jordan, get a do-over As a city reconnects with its NBA team Wednesday night, the Charlotte Hornets and their owner, Michael Jordan, get a much-needed do-over. by Ken Berger @kbergcbs Oct 29, 2014 â¢ 11 min read
Nike had reported a loss in February of 1984 and pursued Michael Jordan as a potential... Michael Jordan first entered into a contract with Nike in 1984. Nike had reported a loss in February of 1984 and pursued Michael Jordan as a potential... Michael Jordan first entered into a contract with Nike in 1984. Nike had reported a loss in February of 1984 and pursued Michael Jordan as a potential sponsor. The original contract between Michael Jordan and Nike was for $500,000 per year for five years. This broke the previous record for the highest-paid sports contract, which was set by James Worthy. New Balance paid Worthy $150,000 per year for eight years.