Acquired
Nike
David Rosenthal
So the deal is a $2.5 million minimum guaranteed payout over five years. But that's not actually how the economics work. The revolutionary aspect of the deal was the payouts were calculated as a 5% royalty on gross revenue from the sales of Air Jordans. The whole line, the shoes, the merchandise, everything.
0
💬
0
Comments
Log in to comment.
There are no comments yet.