Michael Jordan and Charles Barkley (Photo By The Arizona Republic/Imagn Images)
Charles Barkley did not make all his money from rebounds and slam dunks; it started with a round of golf and some wise words from Michael Jordan. The Hall of Famer recently shared that a casual conversation with Jordan in the early 1990s led to one of his life’s most profitable financial decisions. Instead of collecting his full Nike salary in cash, Barkley took a risk and followed Jordan’s suggestions.
Jordon gave his stock opinions. “I was making about $3 million a year [from Nike],” Berkeley told The Dan Patrick Show. “We were playing golf and he says, ‘Chuck, I was talking to somebody, I want you to quit taking $3 million. Take $1 million and the other $2 million in stock options,” Barkley checked with his advisors, who warned him it was risky. But he trusted Jordan’s judgement and went for it.
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Back then, Nike stock was just $1 or $2 a share. Today it’s over &60. That one decision made Barkley around $50 million. He says he didn’t meet anyone like Jordan and believed in his vision. “I ain’t never seen nobody like that dude,” Berkeley recalled, highlighting how Jordan’s early instincts as a businessman changed how he viewed wealth.
Charles Barkley Follows Michael Jordan’s Vision
Charles Barkley and Michael Jordan (Image Source: BRIAN BAHR/AFP via Getty Images)
Jordan’s influence on Barkley was not a one-off. The six-time NBA champion built a financial empire off the court, mainly through the iconic Jordan Brand. According to Front Office Sports, the Nike subsidiary recently surpassed $ 5 billion in annual revenue. Jordan earns 5% of that, making roughly $250 million a year, more than double what he earned in the NBA salary across 15 seasons.
Berkeley, who initially saw endorsements as simple paychecks, credits Jordan with opening his eyes to long-term investment opportunities. Barkley never considered Stock options, but that decision now stands as one of the most productive pivots in sports business history.
From golf course advice to boardroom success, Jordon’s business ideas built his brand and quietly enriched his bank account.
Houston Texans star Azeez Al-Shaair has admitted regrets over his illegal hit to Jacksonville Jaguars quarterback Trevor Lawrence and the ensuing brawl between the teams in a lengthy statement on social media.
Al-Shaair’s statement comes as his three-game suspension as a result of the incident has ended and he is slated to return to the field for the Texans on Sunday against the Tennessee Titans.
On December 1, an Al-Shaair hit to the head of a sliding and defenseless Lawrence caused chaos in Jacksonville. The defensive back needed to be restrained by several coaches and Lawrence has not played since taking the barbaric contact.
‘While so many jumped at the first opportunity to hop on the false narrative – that l’m a dirty player or bad person – the messages from all who stood by me were the only things keeping me mentally afloat during a time of isolation,’ Al-Shaair said on social media.
‘I’ve learned so much from this entire experience. Seeing myself on video – letting my emotions get the best of me to the point where I completely lost it – was an embarrassing and eye-opening moment for me.’
‘I’ve had to earn everything in my life. I never want to allow anyone to get me to a point where I jeopardize everything that I’ve worked all my life to obtain. That was not the way I want to represent myself or my family and I will continue to learn and grow from that moment.’
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Azeez Al-Shaair has admitted regrets over his hit to Jaguars quarterback Trevor Lawrence
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The Texans defensive back was suspended for three games as a result of the hit to Lawrence
Al-Shaair said during his three-game ban, he met with NFL Commissioner Roger Goodell and other league executives for the first time, taking issue with how he was characterized in the official announcement of his suspension.
The defender said he thought his character and integrity were ‘unjustifiably smeared’ in the release but the meeting with Goodell and others was ‘productive’ and gave him hope it would not happen again.
‘In that conversation – man-to-man – I owned and acknowledged that my actions following my ejection were careless and, in that moment, I didn’t think about the responsibility I have been blessed with to represent the shield,’ Al-Shaair continued.
‘I also stated that the letter, and specifically the language used in the letter, was equally as careless and conveyed that the context of the words used were not a reflection of my character, nor my career, as I have not been warned multiple times for my play on the field.’
Al-Shaair’s hit on Lawrence was not the only controversial incident he was involved in this season.
During the Texans’ game against the Bears in September, he punched Roschon Johnson, who wasn’t even in the game at the time of another sideline confrontation.
Al-Shaair ended his statement by saying his view is that everyone in the league office and on the field are on the same team to represent the NFL in the best nature possible, something he failed to do earlier this month.
‘Lastly, I’ll say that this world is full of negative people who can’t wait to tear you down, but if you move with love and compassion, the seeds of good you planted in others’ lives can grow into the very tree that shades you with comfort and compassion when you need it most,’ Al-Shaair concluded.
‘I am a man of God, I am a leader, a warrior and a lover. I am also a hell of a football player and I’m grateful to be back doing what I love.’
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