July 26, 200422 yr "Is it better to be a jock or a nerd?" $ Michael Jordan having "retired," 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), his contributions 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, and 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 450 years, he'll still have less than Bill Gates has today. $$$ Game over. Nerd wins.
July 26, 200422 yr I know that every person who makes a ton seems like they have the easy life- and don't rip me here but I wonder what their monthly spending is like. I mean- it must be expensive to keep up that kind of lifestyle and entourage. I remember a VH1 Behing the Music episode where they interviewed TLC and Lisa Lopes was saying that they couldn't believe how a group could sell a million records and be broke. I'm not saying that I wouldn't like to be able to afford those luxuries, but it's not like they are keeping every dime they make.
July 27, 200422 yr they're keeping a lot, phoenix. If Jordan makes 10 mill a year off endorsements and salary (let's say when he's in his prime)...at the very least, he's coming off with 1 million (he'd come off with more than that, and he'd make way more than 10 mill a year)....that aint tough to live by. People just don't know how to be responsible with their money. If a single mother can get by on a 20,000 dollar a year salary...I think Lisa Lopes can too...
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