Was Michael Jordan Worth the Money? His Airness Compared to Other Greats

If you watch ESPN, then you’re aware there’s a fair number of pundits who seem to earn their living primarily by shouting down anyone willing to challenge the doctrine that Michael Jordan is the best basketball player ever. Yet, despite staunch support from sports network talking heads — as well as a convincing argument from ESPN’s own Jordan documentary “The Last Dance” — the debate over who carries the mantle of the NBA’s G.O.A.T. doesn’t seem any closer to being settled.
While it can be hard to definitively say who really did the most to help their team win, sports is a business, and looking at how much a player earned in salary versus how much they produced on the court can give you a better sense of their true value.
In a new study, GOBankingRates crunched the numbers on how much value the Chicago Bulls got from Jordan and how his value compares to other greats of the game.
The study took each player’s total career earnings and divided it by their key statistics, giving us the dollar amount of what each player earned for every point, rebound and assist they recorded. To account for the drastic inflation of basketball salaries over the last 40 years, the study adjusted these figures based on the growth of the NBA salary cap from 1984. This provided an “era-adjusted” dollar figure for each key statistic. The lower the dollar amount, the higher the value.
Unfortunately, data on NBA salaries from before 1978 is relatively spotty, which meant players from before that era had to be omitted. Alas, comparisons between Bill Russell, Kareem Abdul-Jabbar, Wilt Chamberlain and Air Jordan based on their relative salary aren’t forthcoming. However, the 44 remaining players do include a dream team of some of the game’s all-time greats — like Magic Johnson, Larry Bird and Jordan-nemesis Isiah Thomas.
So, how does Michael Jordan stack up in the pantheon of all-time greats — which includes some of his former teammates — when you factor in what it cost to secure his services? Here’s a closer look.
Last updated: June 8, 2020
Michael Jordan
- Salary per point: $2,904
- Salary per rebound: $14,055
- Salary per assist: $16,647
- Era-adjusted salary per rebound: $48,702
- Era-adjusted salary per assist: $57,685
Era-adjusted salary per point: $10,063
Who Cost More Than Jordan?
Even with the large contracts, Michael Jordan and his considerable scoring prowess proved to be an incredible value for the Bulls. Here are the 35 all-time greats who provided less value than Air Jordan.
Dikembe Mutombo
- Salary per point: $12,249
- Salary per rebound: $11,624
- Salary per assist: $115,860
- Era-adjusted salary per rebound: $25,781
- Era-adjusted salary per assist: $256,960
Era-adjusted salary per point: $27,166
Kevin Garnett
- Salary per point: $12,823
- Salary per rebound: $22,801
- Salary per assist: $61,397
- Era-adjusted salary per rebound: $41,546
- Era-adjusted salary per assist: $111,872
Era-adjusted salary per point: $23,365
Alonzo Mourning
- Salary per point: $10,304
- Salary per rebound: $20,661
- Salary per assist: $155,873
- Era-adjusted salary per rebound: $45,517
- Era-adjusted salary per assist: $343,401
Era-adjusted salary per point: $22,700
Shaquille O’Neal
- Salary per point: $10,013
- Salary per rebound: $21,860
- Salary per assist: $94,628
- Era-adjusted salary per rebound: $45,370
- Era-adjusted salary per assist: $196,398
Era-adjusted salary per point: $20,783
Jason Kidd
- Salary per point: $10,384
- Salary per rebound: $20,863
- Salary per assist: $15,055
- Era-adjusted salary per rebound: $40,155
- Era-adjusted salary per assist: $28,977
Era-adjusted salary per point: $19,987
Chris Paul
- Salary per point: $13,947
- Salary per rebound: $57,077
- Salary per assist: $27,163
- Era-adjusted salary per rebound: $80,389
- Era-adjusted salary per assist: $38,257
Era-adjusted salary per point: $19,643
Kobe Bryant
- Salary per point: $9,610
- Salary per rebound: $45,879
- Salary per assist: $51,271
- Era-adjusted salary per rebound: $82,137
- Era-adjusted salary per assist: $91,788
Era-adjusted salary per point: $17,205
Scottie Pippen
- Salary per point: $5,806
- Salary per rebound: $14,673
- Salary per assist: $17,923
- Era-adjusted salary per rebound: $43,289
- Era-adjusted salary per assist: $52,878
Era-adjusted salary per point: $17,128
Patrick Ewing
- Salary per point: $4,764
- Salary per rebound: $10,186
- Salary per assist: $53,374
- Era-adjusted salary per rebound: $35,500
- Era-adjusted salary per assist: $186,028
Era-adjusted salary per point: $16,605
Pau Gasol
- Salary per point: $10,577
- Salary per rebound: $19,548
- Salary per assist: $56,303
- Era-adjusted salary per rebound: $29,720
- Era-adjusted salary per assist: $85,602
Era-adjusted salary per point: $16,081
Tim Duncan
- Salary per point: $9,134
- Salary per rebound: $16,038
- Salary per assist: $57,284
- Era-adjusted salary per rebound: $28,194
- Era-adjusted salary per assist: $100,705
Era-adjusted salary per point: $16,058
Tracy McGrady
- Salary per point: $8,837
- Salary per rebound: $30,786
- Salary per assist: $39,035
- Era-adjusted salary per rebound: $55,572
- Era-adjusted salary per assist: $70,463
Era-adjusted salary per point: $15,951
Dennis Rodman
- Salary per point: $4,239
- Salary per rebound: $2,370
- Salary per assist: $17,707
- Era-adjusted salary per rebound: $8,872
- Era-adjusted salary per assist: $66,283
Era-adjusted salary per point: $15,869
Kawhi Leonard
- Salary per point: $12,137
- Salary per rebound: $35,136
- Salary per assist: $84,790
- Era-adjusted salary per rebound: $45,706
- Era-adjusted salary per assist: $110,298
Era-adjusted salary per point: $15,788
Steve Nash
- Salary per point: $8,320
- Salary per rebound: $39,719
- Salary per assist: $13,997
- Era-adjusted salary per rebound: $72,541
- Era-adjusted salary per assist: $25,563
Era-adjusted salary per point: $15,195
David Robinson
- Salary per point: $5,325
- Salary per rebound: $10,547
- Salary per assist: $45,354
- Era-adjusted salary per rebound: $29,927
- Era-adjusted salary per assist: $128,695
Era-adjusted salary per point: $15,110
Hakeem Olajuwon
- Salary per point: $4,126
- Salary per rebound: $8,087
- Salary per assist: $36,355
- Era-adjusted salary per rebound: $29,354
- Era-adjusted salary per assist: $131,968
Era-adjusted salary per point: $14,977
Stephen Curry
- Salary per point: $10,260
- Salary per rebound: $53,345
- Salary per assist: $36,456
- Era-adjusted salary per rebound: $71,804
- Era-adjusted salary per assist: $49,071
Era-adjusted salary per point: $13,811
Russell Westbrook
- Salary per point: $10,111
- Salary per rebound: $33,206
- Salary per assist: $28,267
- Era-adjusted salary per rebound: $45,227
- Era-adjusted salary per assist: $38,499
Era-adjusted salary per point: $13,772
Ray Allen
- Salary per point: $7,444
- Salary per rebound: $34,599
- Salary per assist: $41,826
- Era-adjusted salary per rebound: $63,190
- Era-adjusted salary per assist: $76,390
Era-adjusted salary per point: $13,595
Kevin Durant
- Salary per point: $9,825
- Salary per rebound: $37,614
- Salary per assist: $64,654
- Era-adjusted salary per rebound: $51,804
- Era-adjusted salary per assist: $89,044
Era-adjusted salary per point: $13,531
LeBron James
- Salary per point: $9,006
- Salary per rebound: $32,822
- Salary per assist: $33,016
- Era-adjusted salary per rebound: $47,478
- Era-adjusted salary per assist: $47,758
Era-adjusted salary per point: $13,027
Tony Parker
- Salary per point: $8,517
- Salary per rebound: $48,835
- Salary per assist: $23,571
- Era-adjusted salary per rebound: $74,248
- Era-adjusted salary per assist: $35,836
Era-adjusted salary per point: $12,948
Manu Ginobili
- Salary per point: $8,316
- Salary per rebound: $31,587
- Salary per assist: $29,187
- Era-adjusted salary per rebound: $48,942
- Era-adjusted salary per assist: $45,224
Era-adjusted salary per point: $12,885
Dirk Nowitzki
- Salary per point: $7,974
- Salary per rebound: $21,903
- Salary per assist: $68,925
- Era-adjusted salary per rebound: $34,764
- Era-adjusted salary per assist: $109,395
Era-adjusted salary per point: $12,655
Dwyane Wade
- Salary per point: $8,478
- Salary per rebound: $39,811
- Salary per assist: $34,448
- Era-adjusted salary per rebound: $59,241
- Era-adjusted salary per assist: $51,260
Era-adjusted salary per point: $12,615
Paul Pierce
- Salary per point: $7,392
- Salary per rebound: $25,924
- Salary per assist: $41,447
- Era-adjusted salary per rebound: $43,459
- Era-adjusted salary per assist: $69,480
Era-adjusted salary per point: $12,392
Anthony Davis
- Salary per point: $9,709
- Salary per rebound: $22,426
- Salary per assist: $105,388
- Era-adjusted salary per rebound: $28,414
- Era-adjusted salary per assist: $133,525
Era-adjusted salary per point: $12,301
James Harden
- Salary per point: $8,951
- Salary per rebound: $42,270
- Salary per assist: $35,718
- Era-adjusted salary per rebound: $56,897
- Era-adjusted salary per assist: $48,077
Era-adjusted salary per point: $12,048
Allen Iverson
- Salary per point: $6,351
- Salary per rebound: $45,601
- Salary per assist: $27,520
- Era-adjusted salary per rebound: $85,746
- Era-adjusted salary per assist: $51,747
Era-adjusted salary per point: $11,943
John Stockton
- Salary per point: $3,445
- Salary per rebound: $16,762
- Salary per assist: $4,296
- Era-adjusted salary per rebound: $58,084
- Era-adjusted salary per assist: $14,887
Era-adjusted salary per point: $11,937
Magic Johnson
- Salary per point: $2,222
- Salary per rebound: $5,998
- Salary per assist: $3,880
- Era-adjusted salary per rebound: $32,022
- Era-adjusted salary per assist: $20,711
Era-adjusted salary per point: $11,862
Reggie Miller
- Salary per point: $4,135
- Salary per rebound: $24,993
- Salary per assist: $25,241
- Era-adjusted salary per rebound: $71,340
- Era-adjusted salary per assist: $72,046
Era-adjusted salary per point: $11,802
Gary Payton
- Salary per point: $4,799
- Salary per rebound: $19,867
- Salary per assist: $11,675
- Era-adjusted salary per rebound: $47,826
- Era-adjusted salary per assist: $28,105
Era-adjusted salary per point: $11,552
Damian Lillard
- Salary per point: $8,371
- Salary per rebound: $48,092
- Salary per assist: $31,055
- Era-adjusted salary per rebound: $60,933
- Era-adjusted salary per assist: $39,346
Era-adjusted salary per point: $10,607
Vince Carter
- Salary per point: $6,687
- Salary per rebound: $26,044
- Salary per assist: $36,497
- Era-adjusted salary per rebound: $40,261
- Era-adjusted salary per assist: $56,420
Era-adjusted salary per point: $10,338
Who Cost Less Than Jordan?
One might assume that Jordan’s legendary ability to put the ball through the hoop would mean he also gave his team the most for their money. You would be wrong, though.
There are, in fact, eight different players whose era-adjusted earnings per point scored is even lower than that of his Airness — including two players who more than doubled Jordan’s per-dollar production.
Giannis Antetokounmpo
- Salary per point: $7,771
- Salary per rebound: $17,525
- Salary per assist: $36,039
- Era-adjusted salary per rebound: $21,439
- Era-adjusted salary per assist: $44,088
Era-adjusted salary per point: $9,506
Karl Malone
- Salary per point: $2,856
- Salary per rebound: $7,047
- Salary per assist: $20,100
- Era-adjusted salary per rebound: $22,466
- Era-adjusted salary per assist: $64,076
Era-adjusted salary per point: $9,106
Larry Bird
- Salary per point: $1,187
- Salary per rebound: $2,883
- Salary per assist: $4,543
- Era-adjusted salary per rebound: $19,843
- Era-adjusted salary per assist: $31,268
Era-adjusted salary per point: $8,172
Charles Barkley
- Salary per point: $1,854
- Salary per rebound: $3,511
- Salary per assist: $10,450
- Era-adjusted salary per rebound: $14,354
- Era-adjusted salary per assist: $42,725
Era-adjusted salary per point: $7,580
Clyde Drexler
- Salary per point: $1,427
- Salary per rebound: $4,743
- Salary per assist: $5,171
- Era-adjusted salary per rebound: $22,106
- Era-adjusted salary per assist: $24,098
Era-adjusted salary per point: $6,650
Isiah Thomas
- Salary per point: $1,006
- Salary per rebound: $5,443
- Salary per assist: $2,089
- Era-adjusted salary per rebound: $33,150
- Era-adjusted salary per assist: $12,724
Era-adjusted salary per point: $6,126
James Worthy
- Salary per point: $809
- Salary per rebound: $2,804
- Salary per assist: $4,729
- Era-adjusted salary per rebound: $17,075
- Era-adjusted salary per assist: $28,804
Era-adjusted salary per point: $4,926
Dominique Wilkins
- Salary per point: $923
- Salary per rebound: $3,432
- Salary per assist: $9,192
- Era-adjusted salary per rebound: $14,988
- Era-adjusted salary per assist: $40,137
Era-adjusted salary per point: $4,029
More From GOBankingRates
Methodology: In order to find out how Michael Jordan’s value compared to other greats, GOBankingRates looked at ESPN’s Ranking of the top 74 NBA players of all time, published in May 2020, and found data for all players whose careers started in 1979 or later (as salary/earnings data was unavailable before that time). With that qualification in mind, GOBankingRates used Spotrac and Basketball-Reference data to find the following factors for each player: (1) total career earnings; (2) total regular-season games played; (3) total regular-season points scored; (4) total regular-season rebounds; (5) total regular-season assists; (6) total playoff games played; (7) total playoff points scored; (8) total playoff rebounds; and (9) total playoff assists. GOBankingRates took factor No. 1 and divided it by each succeeding factor to give: (10) amount earned per regular-season win; (11) amount earned per regular-season point scored; (12) amount earned per regular-season rebound; (13) amount earned per regular-season assist; (14) amount earned per playoff game played; (14) amount earned per playoff point scored; (15) amount earned per playoff rebound; and (16) amount earned per playoff assist. Factors No. 10-16 were not cumulative but calculated individually. GOBankingRates also included (17) miscellaneous achievements for each player across the following categories as supplementary information: inducted into the Hall of Fame, NBA championships won, regular MVPs won, Finals MVPs won, All-NBA Teams made and All-Star teams made. All data was collected and is up to date as of May 28, 2020.
To find the era-adjusted values, GOBankingRates found the average salary cap (in inflation-adjusted 2020 dollars) taken from across the full span of each player’s career. There are six players listed who began their career prior to the introduction of the salary cap in 1984, with the earliest being Magic Johnson in 1979. For those players, the average was simply taken from 1984 to their final season. After determining the average salary cap over the course of each player’s career, GOBankingRates divided the current salary cap by the average salary cap to find each player’s era-adjustment factor. The era-adjusted dollar values were found by multiplying each value by this adjustment factor.
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