Does Michael Jordan make enough?
Assuming US$40 mil in endorsements next year,
he'll be making US$178,100 a day,(working or not)!
Assuming he sleeps 7 hours a night, he makes US$52,000 every night
while visions of sugarplums dance in his head.
If he goes to see Independence Day, it'll cost him US$7.00,
but he'll make US$18,550 while he's there.
If he decides to have a 5 minute egg,
he'll make US$618 while boiling it.
He makes US$7,415/hr more than minimum wage (after the wage hike)
He'll make US$3,710 while watching each episode of Seinfeld.
If he wanted to save up for a new Acura NSX (US$90,000)
it would take him a whole 12 days only.
If someone were to hand him his salary and endorsement money,
they would have to do it at the rate of US$2.00 every second.
He'll probably pay around US$200 for a nice round of golf,
but will be 'reimbursed' US$33,390 for that round.
He could take 1/100,000th of his income,
and buy some poor college student 5200 packages of Ramen.
Assuming he puts the federal maximum of 15% of his income
into his tax deferred account (401k), he will hit the federal cap of
US$9,500 for such accounts at 8:30 a.m. on January 1st, 1997.
If you were given a tenth of a penny for every dollar he made,
you'd be living comfortably at US$65,000 a year.
He'll make about US$15,600 while the Boston Marathon is being run.
While the common person is spending about US$20 for a meal
in his trendy Chicago restaurant, he'll pull in about US$5,600.
Next year, he'll make more than twice as much as
all of the past US presidents for all of their terms combined.
And something to cheer you up after all of this...
Jordan will only have to have this income for 270 MORE YEARS
to have a net worth equivalent to that of Bill Gates.
