Current:Home > Stocks1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -Wealth Momentum Network
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-12 16:02:06
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! (7892)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- On the first day without X, many Brazilians say they feel disconnected from the world
- Look: Texas' Arch Manning throws first college football touchdown pass in blowout of CSU
- RFK Jr. sues North Carolina elections board as he seeks to remove his name from ballot
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Defending champion Coco Gauff loses in the U.S. Open’s fourth round to Emma Navarro
- 4 killed, 2 injured in Hawaii shooting; shooter among those killed, police say
- Obi Ndefo, Dawson's Creek Actor, Dead at 51
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Border arrests are expected to rise slightly in August, hinting 5-month drop may have bottomed out
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Gen Z wants an inheritance. Good luck with that, say their boomer parents
- Pitt RB Rodney Hammond Jr. declared ineligible for season ahead of opener
- One man dead, others burned after neighborhood campfire explodes
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- What's open and closed on Labor Day? Details on stores, restaurants, Walmart, Costco, more
- Rapper Fatman Scoop dies at 53 after collapsing on stage in Connecticut
- Gymnast Kara Welsh Dead at 21 After Shooting
Recommendation
A South Texas lawmaker’s 15
Georgia arrests point to culture problem? Oh, please. Bulldogs show culture is winning
Brionna Jones scores season-high 26 points as Sun beats Storm 93-86
Roderick Townsend shows he’s still got it at 32 with Paralympic gold
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Man charged with murder in connection to elderly couple missing from nudist ranch: Police
Texas A&M vs Notre Dame score today: Fighting Irish come away with Week 1 win at Aggies
Jennifer Lopez Proves She's Unbothered Amid Ben Affleck Divorce