From: Sameer Merchant
Sent: Friday, July 26, 1996 11:43 AM
Subject: Jordan's new contract!
Importance: Low
<many forwards deleted...>
OUCH!!!!!!!
Here's some calculations that will make you all sick.
Enjoy!
Jordan will make over $300,000 a game, $10,000 a minute assuming he
averages about 30 minutes a game.
Assuming $40 mil in endorsements next year, he'll be making
$178,100 a day (working or not)!
Assuming 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 Independence Day, 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 (after the wage hike)
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 days.
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.
A quickie will net him $1855.
He'll probably pay around $200 for a nice round of golf, but will be
'reimbursed' $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 $9500 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 $65,000 a year.
He'll make about $19.60 while watching the 100 meter dash in the
Olympics.
He'll make about $15,600 while the Boston Marathon is being run.
While the common person is spending about $20 for a meal in his trendy
Chicago restaurant, he'll pull in about $5600.
Next year, he'll make more than twice as much as all of our past
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.
Or does that make you more sick?
Michael Who?