Michael Jordan's Old High School Pulling In Big Bucks Thanks To Licensing Deal
Saturday, October 22, 2005
Michael Jordan's old high school is pulling in some big bucks, thanks to a licensing deal with Nike. Laney High School has collected $162,000 dollars for the rights to sell replicas of Jordan's high school jersey and related gear since this summer. The school's contract with Nike gives Laney seven percent of the sales for His Airness's high school gear. (WFMY)
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