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Michael Jordan's Decision to License his Brand to Nike
In the mid 80s, Michael Jordan was a licensor of his brand to Nike and received a substantial royalty as he had no choice but to work with Nike due to their means of manufacturing and distribution. Today, Jordan would own 100% of his brand like Yeezy, OVO, and Kylie Cosmetics and investing in the next NBA star to own their brand would be the way to go.