Current:Home > Invest1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -WealthTrail Solutions
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-14 12:01:01
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! (4724)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Diana Nyad marks anniversary of epic Cuba-Florida swim, freeing rehabilitated sea turtle in the Keys
- Former NSA worker pleads guilty to trying to sell US secrets to Russia
- Winnebago County to pay $3.3 million to settle fatal police crash lawsuit
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- Winnipeg Jets coach Rick Bowness taking leave of absence because of wife's seizure
- Vic Fischer, last surviving delegate to Alaska constitutional convention, dies at age 99
- California Gov. assures his state is always a partner on climate change as he begins trip to China
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Search continues for Nashville police chief's estranged son after shooting of two officers
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Got a Vivint or Ring doorbell? Here's how to make smart doorbells play Halloween sounds
- What are the healthiest grains? How whole grains compare to refined options.
- Katharine McPhee Shares Secret to Success of Her and David Foster's Marriage
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Zach Edey named unanimous AP preseason All-American, joined by Kolek, Dickinson, Filipowski, Bacot
- Blinken says US is ready to respond to escalation or targeting of US forces during Israel-Hamas war
- Bad Bunny's 'SNL' gig sees appearances from Pedro Pascal, Mick Jagger and Lady Gaga
Recommendation
Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
Meryl Streep, husband Don Gummer quietly separated 'more than 6 years' ago, reports say
Rebecca Loos Slams David Beckham For Portraying Himself as the Victim After Alleged Affair
How long before a phone is outdated? Here's how to find your smartphone's expiration date
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Dwayne Johnson Slams Paris Wax Figure for Missing Important Details
Two men claim million-dollar prizes from New York Lottery, one from historic July 19 Powerball drawing
King of the entertainment ring: Bad Bunny now a playable character in WWE 2K23 video game