Does Jordan get royalties from Jumpman logo? Michael Jordan first got hand with Adidas to work on producing the sneakers. However, the contract didn’t last due to signature and royalties issues.
Later on, Nike expanded his hands to Jordan, and a series of signature pairs started changing the game. Nowadays, Jordans are ruling the market with annually three billion$ just from the logo used on the sneakers.
Yes, Michael Jordan receives royalties from the use of the Jumpman logo .The Jumpman logo, which features a silhouette of Jordan dunking a basketball, was created for Nike in 1985 and has been used on a wide range of products, including shoes, clothing, and accessories. As part of his endorsement deal with Nike, Jordan receives royalties for the use of his image and the Jumpman logo on these products.As Jordan contracted, Nike was suposed to pay Jordan the royalties on the signature series. Thus, Jordan is roughly getting more than 100 million $ from the royalties annually. So, this is all calculated with the Jumpman logo royalty and some other contract terms.