Brand to sports and clothing domain dominant figure

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Michael Jordan has a net worth of 1.65 billion according to google and that is exceptionally impressive. What Michael Jordan did is brand himself and used his fame and fortune to make his name and brand to a sports and clothing domain dominant figure. Michael strategically used his exploits, his fan base, and his followers to wear his brand and to market the world on his brand. Michael actually has events where he markets his brand such as the Jordan Brand classics where he invites the best highschool prospects in the game of basketball to compete in a grueling tournament. This event is nationally advertised so this gives the Jordan brand an extra boost towards new merchandise releases. Jordan also signs superstars such as Ray Allen, Carmelo Anthony, Chris Paul, and even Russell Westbrook which helps Jordan because these NBA superstars are famous. These superstars have a massive fanbase where their fans will wear whatever the stars wear thus making the Jordan brand a more marketable figure. For example: Chris Paul is one of my idols and now that he has his own Jordan brand equipment, I am prone in buying Chris Paul- Jordan merchandise. The success of Michael Jordan is exponential and it is a massive appoint to why this man is a 1.62 billion dollar man. With Michael Jordan, his success was not only in the business world but also in the basketball world where he became the greatest NBA player of all time and who will always and forever be far better than Lebron James.

Reference no: EM132186450

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