Current:Home > Invest1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -Wealth Evolution Experts
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-17 04:14:22
NEW YORK (AP) — A collection of sneakers that superstar Michael Jordan wore as he and the Chicago Bulls won six NBA championships has fetched $8 million at auction, setting a new record for game-worn sneakers, Sotheby’s said.
The six Air Jordan shoes — one apiece from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 championship series — sold Friday. Sotheby’s dubbed it the “Dynasty Collection.”
“Serving as both a reminder of Michael Jordan’s lasting impact on the world and a tangible expression of his recognized legendary status, its significance is further validated by this monumental result,” Brahm Wachter of Sotheby’s said in a statement. Wachter oversees modern collectables for the auction house.
Sotheby’s didn’t identify the buyer and described the seller only as “a private American collector” who obtained them from a longtime Bulls executive.
Jordan first gave a sneaker to the executive after the championship-winning game in 1991 and continued the tradition afterward, according to Sotheby’s. The auction lot included photos of Jordan wearing a single shoe as he celebrated the 1992, 1993, 1996 and 1998 wins.
A five-time league MVP and two-time Olympic gold medalist, Jordan was so singular a player that then-NBA Commissioner David Stern in 1992 called him “the standard by which basketball excellence is measured.” The NBA renamed its MVP trophy for Jordan in 2022.
He also helped shake up the athletic shoe industry and supercharge sneaker culture by teaming up with Nike to create Air Jordans in the mid-1980s.
The pair he wore in the second game of the 1998 NBA Finals was sold through Sotheby’s last April for $2.2 million, a record for a pair of sneakers. The highest auction price for any Jordan memorabilia was $10.1 million for his jersey from the first game at that series, according to Sotheby’s, which sold it 2022.
Simply an unused ticket to Jordan’s 1984 debut with the Bulls was sold through Heritage Auctions in 2022 for $468,000 — over 55,000 times the face value.
veryGood! (49)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Intelligence officials say US adversaries are targeting congressional races with disinformation
- Kathy Bates chokes up discovering she didn't leave mom out of Oscar speech: 'What a relief'
- Reese Witherspoon Reveals Where Big Little Lies Season 3 Really Stands
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Home insurers argue for a 42% average premium hike in North Carolina
- Jason Kelce Claps Back at Critics Saying Travis Kelce's Slow Start on Chiefs Is Due to Taylor Swift
- Padres and Dodgers continue to exchange barbs and accusations ahead of NLDS Game 3
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Unleash Your Magic With These Gifts for Wicked Fans: Shop Exclusive Collabs at Loungefly, Walmart & More
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- A former aide to New York Mayor Eric Adams is charged with destroying evidence as top deputy quits
- Kerry Carpenter stuns Guardians with dramatic HR in 9th to lift Tigers to win in Game 2
- How would Davante Adams fit with the Jets? Dynamic duo possible with Garrett Wilson
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Georgia wide receiver arrested on battery, assault on unborn child charges
- Bill introduced to award 1980 ‘Miracle On Ice’ US hockey team with Congressional Gold Medals
- How long does COVID live on surfaces? Experts answer your coronavirus FAQs.
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Taylor Swift Rocks Glitter Freckles While Returning as Travis Kelce's Cheer Captain at Chiefs Game
The biggest reveals in Lisa Marie Presley’s memoir, from Elvis to Michael Jackson
How Tucson police handled a death like George Floyd’s when leaders thought it would never happen
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Takeaways from AP investigation on the struggle to change a police department
Alabama Town Plans to Drop Criminal Charges Over Unpaid Garbage Bills
Hoda Kotb Reveals the Weird Moment She Decided to Leave Today After 16 Years