Q:

When did Michael Jordan sign a contract with Nike?

A:

Quick Answer

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.

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When did Michael Jordan sign a contract with Nike?
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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. When the first pair of Air Jordans were released in 1984, they were banned by the NBA because they did not adhere to the league's dress code. They did not fit into the uniform color scheme of the Chicago Bulls.

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    What are Michael Jordan's accomplishments?

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    The accomplishments of basketball legend Michael Jordan include Rookie of the Year, winning numerous NBA championships, earning the title of NBA Most Valuable Player (MVP) five times, scoring 10 titles and ultimately retiring with the highest score in NBA history. Jordan played professional basketball for the Chicago Bulls and the Washington Wizards. Many fans and professional basketball players consider him to be the most accomplished basketball player in history.

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    Why is Michael Jordan so important?

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