Better to be a Jock or a Nerd?
The answer to the eternal question "Is it better to be a jock or a nerd?" Michael Jordan was making over $300,000 a game. That equals $10,000 a minute, at an average of 30 minutes per game. With $40 million in endorsements, he makes $178,100 a day, working or not.
If he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head. If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there.
If he decides to have a 5-minute egg, he'll make $618 while boiling it.
He makes $7,415/hr more than minimum wage.
He'll make $3,710 while watching each episode of Friends.
If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole 12 hours.
If someone were to hand him his salary and endorsement money, they would have to do it at the rate of $2.00 every second. He'll probably pay around $200 for a nice round of golf, but will be reimbursed $33,390 for that round.
Assuming he puts the federal maximum of 15% of his income into a tax deferred account (401k), he will hit the federal cap of $9500 at 8:30 a.m. on January 1st. If you were given a penny for every 10 dollars he made, you 'd be living comfortably at $65,000 a year.
He'll make about $19.60 while watching the 100 meter dash in the Olympics. He'll make about $15,600 during the Boston Marathon. While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600.
This year, he'll make more than twice as much as all U.S. past presidents for all of their terms combined.
Amazing isn't it?
However, if Jordan saves 100% of his income for the next 250 years, he'll still have less than
Bill Gates has today.
Game over. Nerd wins.
