Who says you’ll stop making money once you’ve retired? That’s not entirely true, you know. Take it from these athletes, who have long stopped from playing their respective games yet still earn more than millions from appearances, public speaking, licensing, endorsements, book deals and businesses.
With a brand that is owned by Nike, the biggest shoe manufacturer in the world, Michael Jordan soars into prominence well after his storied career in the game of basketball. The shoes with his name on them sold 2.6 billion dollars in profit. Not to mention, he also has sponsorships and endorsement deals with other big brands like 2K Sports, Hanes, Upper Deck and Gatorade. Yes, the greatest NBA player of all time continues to carve a legacy well into the world of business.
O’Neal has retired from NBA just recently, but he continues to be a multi-million dollar earner. He has his very own Shaq brand of basketballs, as well as a beverage line called Shaq-Fu Punch, courtesy of AriZona Beverage Co. He works as a sports analyst and host for TNT these days, along with other ventures such as a Zales jewelry line and Dunkman shoes, the latter of which has already sold over a hundred million dollars all around the world.
Formerly a player for the NY Giants, Strahan has made a pretty successful crossover to the world of media. Co-hosting “Live with Kelly and Michael” with Kelly Ripa, he definitely has transformed into a media darling. He is also a sports analyst for Fox Sports. This highly famous pitchman has even garnered partnership deals with Dr. Pepper, Vaseline and Subway, among many others.
Arnold Palmer hasn’t played a game in more than 4 decades. However, he continues to be a relevant name in golf. In Asia alone, he has 500 Arnold Palmer stores, with 200 more opening in the course of the next eighteen months. He also manages to make 25 percent of revenues from AriZona Beverage Co. with his self-named beverage line. How’s that for a lasting legacy?
Pele is a legend in the world of international soccer, mainly for being among the best players ever as well as the inventor of the Pele Kick. However, he has recently become quite the target for many sponsoring brands, such as Vivo, Hublot, Volkswagen and Procter & Gamble. He has also earned himself a sponsorship deal with G-Form for creating revolutionary shin guards for players. With the Olympics to be set in Brazil this coming 2016, you can be sure Pele is going to capitalize on this and make even bigger money.
Jerry Richardson only managed to play for the NFL in two years. However, it was during his post-football career where he really made it into the big leagues. He opened up BoJangles restaurant franchises, setting history as the first NFL player to do so. He also managed to own his very own team, leading to his expansion of the Carolina Panthers back in 1993.