Current:Home > Invest1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -Streamline Finance
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-12 01:50:41
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! (36)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Live updates | Israel’s forces raid a West Bank refugee camp as its military expands Gaza offensive
- North Dakota Republican leaders call on state rep to resign after slurs to police during DUI stop
- Here’s what to know about Turkey’s decision to move forward with Sweden’s bid to join NATO
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- 'Tree lobsters': Insects believed to be extinct go on display at San Diego Zoo
- Ukraine snubs Russia, celebrates Christmas on Dec. 25 for first time
- Teenager Najiah Knight wants to be the first woman at bull riding’s top level. It’s an uphill dream
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- 'Tree lobsters': Insects believed to be extinct go on display at San Diego Zoo
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Is this the perfect diet to add to your New Year's resolution? It saves cash, not calories
- How removing 4 dams will return salmon to the Klamath River and the river to the people
- 'Crown' star Dominic West explains his falling out with Prince Harry: 'I said too much'
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- As social media guardrails fade and AI deepfakes go mainstream, experts warn of impact on elections
- The Eiffel Tower is closed while workers strike on the 100th anniversary of its founder’s death
- Over $1 million in beauty products seized during California raid, woman arrested: Reports
Recommendation
Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
Students in Indonesia protest the growing numbers of Rohingya refugees in Aceh province
Need a healthier cocktail this holiday season? Try these 4 low-calorie alcoholic drinks.
Biden administration allows ban on some Apple Watch imports to take hold
NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
Authorities identify remains found by hikers 47 years ago near the Arizona-Nevada border
'Tree lobsters': Insects believed to be extinct go on display at San Diego Zoo
'The Simpsons' makes fun of Jim Harbaugh, Michigan football scandals in latest episode