Current:Home > Invest1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -MoneyMatrix
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-16 02:20:29
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! (96)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Visiting gymnastics coach denies voyeurism charge in Vermont
- Statewide preschool initiative gets permanent approval as it enters 25th year in South Carolina
- NOAA Adjusts Hurricane Season Prediction to ‘Above-Normal’
- Nevada attorney general revives 2020 fake electors case
- New book claims Phil Mickelson lost over $100M in sports bets, wanted to wager on Ryder Cup
- Why some people believe ginger ale is good for you. (And why it's actually not.)
- New movies to see this weekend: Skip 'Last Voyage of the Demeter,' stream 'Heart of Stone'
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Shop Aerie's 40% Off Leggings and Sports Bras Sale for All Your Activewear & Athleisure Needs
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Standoff in Michigan ends with suspect dead and deputy US marshal injured
- Two men, woman die trying to rescue dog from cistern in Texas corn field
- LGBTQ+ people in Ethiopia blame attacks on their community on inciteful and lingering TikTok videos
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Judge hears from experts to decide whether to block Georgia’s ban on gender-affirming care
- Brody Jenner and Fiancée Tia Blanco Welcome First Baby
- Last chance to pre-order new Samsung Galaxy devices—save up to $1,000 today
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Northern Ireland’s top police officer apologizes for ‘industrial scale’ data breach
Standoff in Michigan ends with suspect dead and deputy US marshal injured
Millions of kids are missing weeks of school as attendance tanks across the US
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Traveling to Hawaii? Here's what to know about the Maui fire.
Another Threshold candle recall? Target recalls 2.2 million products over burn and laceration risks
Mason Crosby is kicking from boat, everywhere else to remind NFL teams he still has it