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SBD/27/Sports Industrialists
MICHAELMANIA CONTINUES: HERE, THERE, EVERYWHERE
Published March 27, 1995
According to the current issue of TIME, MICHAEL JORDAN's return has been worth over $3.8B for the companies he endorses (TIME, 4/3 issue). Wheaties debuted a new TV ad featuring Jordan missing a jump shot, with the superstar saying, "I better eat my Wheaties" (CHICAGO TRIBUNE, 3/26). BUSINESS WEEK debuted the "Michael Jordan Index" -- based on the performance of McDonald's, Sara Lee, Nike, General Mills and Quaker Oats since March 8. By March 21, the MJ Index had fallen to 103 from a March 19 high of 105 (BUSINESS WEEK, 4/3 issue). Jordan's agent, DAVID FALK, was a guest on ABC's "Good Morning America" this morning. On Jordan's contract: "We had no negotiations, we had no promises made to him and I think when the summer comes, we have a chance to look at the future and preponderant impact on the NBA [which] will absolutely create financial success for him as it always has. But at this point, that was not the motivating factor in his decision" (ABC, 3/27). Raptors GM ISIAH THOMAS said before Friday's Bulls-Magic game that the Raptors plan on putting the floor in the middle of Skydome when Jordan visits next season, "so we can have 60-70,000 people watching us play basketball" (TNT, 3/24). WGN reports that Jordan's first home game netted an all-time high regular-season (and all-time WGN sports) rating of 41 and a 59 share in Chicago. National figures will be available today (WASHINGTON POST, 3/26)




