How much does it cost to make a pair of Nike sneakers?

How much does it cost to make a pair of Nike sneakers?

The actual cost breakdown totals $28.50. This means Nike makes a profit of $21.50 on a $100 sneaker. Subsequently, after taxes and administrative expenses (including research and development), true profit is approximately $4.50.

How much does it cost to make a pair of Jordans?

The materials coast $10.75, the labor cost $2.43, the overhead is $2.10 and the factory profit is $0.97. Final result, Jordan Brand is making bank when it comes to their Air Jordan 1 model as well as their other sneakers.

How much does Jordan shoes cost?

Narrator: According to Matt’s research, the average price of a basketball sneaker is about $110, while a Jordan’s average price is about $145. To understand why Jordan Brand can charge more, let’s go all the way back to the beginning, before the Jordan 1 was introduced.

How much does it cost to make lebrons shoes?

What does it cost Nike to make a pair of LeBron’s shoes? Reports are that the latest Air Jordan’s total cost is around $16.25 — it costs $10.75 for materials, $2.43 for labor, overhead is $2.10, and factory profit is at $0.97. The most recent LeBron shoe costs $175 on FootLocker’s website.

How much does Michael Jordan make per pair of shoes?

“Michael Jordan earns 5% royalty on every Air Jordan shoe sold”: How the Bulls legend amassed a rumored $2.1 billion fortune over the years. Michael Jordan is both the greatest basketball player of all time as well as the richest.

How much does Yeezys 350 cost?

The retail price for the shoe is $200 for the original and $220 for the V2. Since 2016, the Yeezy Boost 350 v2 has grown to be the most popular of the Yeezys, with several already confirmed for 2020.

How much does an Air Jordan shoe cost?

Air Jordan 1 Mid SE. Men’s Shoe. $125. Jordan Max Aura 2. Jordan Max Aura 2. Men’s Shoe. $120. Air Jordan OG.

How much does Michael Jordan get paid per pair?

It’s hard to know exactly what that royalty amount is. The Jordan brand is selling about 2.6 billion dollars of product and Michael is paid about 100 million. To keep it simple we can figure he gets 5% of the wholesale price. Maybe $4.63 per pair, maybe more.

What’s the average price of a Jordan 4?

These Jordan 4s could be mistaken for really expensive hamburgers the way that they have been flipping on StockX, with an average resale price of $11,000 across all sales. Between his movies, music, restaurants, and Jordans, it looks like Wahlberg can’t miss.

What’s the price of a Jordan Retro shoe?

Jordan Aerospace 720. Men’s Shoe. $132.97. $200. Jordan Retro 10 MCS. Jordan Retro 10 MCS. Men’s Baseball Cleat. $100. Air Jordan Retro 8.