Michael Jordan cologne deal worked out great for Jordan

Here’s the Chicago Sun-Times reporting just how great it is to be Michael Jordan when it comes to business deals:

Michael Jordan reportedly made huge money off cologne deal

Jordan simply gave his permission to the fragrance company XEL to sell Michael Jordan cologne. A close adviser testified Thursday that Jordan did nothing else — but the company still paid him $10.6 million between 2002 and 2012.

Estee Portnoy, a long-time marketing manager for Jordan, also testified Thursday that a Japanese TV station hoping to produce a documentary about Jordan once offered him $100,000 to use footage of his days with the Chicago Bulls.

The footage belonged to the NBA, Portnoy said.

Author: Inside Hoops

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