The answer to the eternal question: Is "it better to be a jock or a nerd?"
Michael Jordan having "retired," with $40 million in endorsements, 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/hour 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
$10,500 at 8:45am 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 500 years, he'll still have
less than Bill Gates has at this very moment.
Game over. Nerd wins.