He Made A Million Dollar Shot And They Didn't Want To Pay Him

Summary by Krater

This video examines the history of the Million Dollar Shot promotion during NBA All-Star Weekend, focusing on Don Calhoun's 1993 shot and the insurance technicality that nearly denied him his prize money before Michael Jordan and the Chicago Bulls intervened.

From the video

Answers: Did Don Calhoun actually get his million dollars from the NBA half-court shot contest?

• NBA All-Star Weekend
• Million Dollar Shot promotion
• Insurance technicalities in contests
• Don Calhoun
• Michael Jordan

What it concludes

• Don Calhoun hit an 80-foot three-quarter-court shot at a Chicago Bulls game to win a $1,000,000 prize.
• The insurance company attempted to deny the payout based on a technicality regarding Calhoun having played college basketball within five years prior to the contest.
• Michael Jordan and the Chicago Bulls players intervened, telling the team ownership they needed to pay Calhoun out of their own pockets.
• The Bulls organization eventually agreed to pay Calhoun $1,000,000 split into twenty annual payments of $50,000.
• Promotional contests like the million-dollar shot have extremely low success rates, estimated at less than one percent.