^

Sports

Jordan marketing chief: Star gets $10M for just lending name

Michael Tarm - Associated Press

CHICAGO — Michael Jordan's marketing chief says the six-time NBA champion often receives millions for lending his name to a product but doing nothing else.

Estee Portnoy's remarks came Thursday on the first full day of testimony in a civil trial in Chicago federal court examining the market value of Jordan's identity.

The issue is damages that the now-defunct Dominick's Finer Foods owes the ex-Chicago Bull for invoking his name in a steak ad without permission.

His attorneys say such use is worth $10 million. Dominick's says that's too high when only Jordan's name is used.

But Portnoy testified that the XEl fragrance company paid $10 million for putting his name on cologne.

Asked if Jordan did anything other than lend his name, she responded, "Michael does not do anything for them."

vuukle comment

ANYTHING

BUT PORTNOY

CHICAGO

CHICAGO BULL

DOMINICK

ESTEE PORTNOY

FINER FOODS

JORDAN

MICHAEL

MICHAEL JORDAN

NAME

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with