Current:Home > StocksMichael Jordan's championship sneaker collection goes for $8 million at auction -ProfitLogic
Michael Jordan's championship sneaker collection goes for $8 million at auction
View
Date:2025-04-12 04:01:58
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.
- In:
- NBA Finals
- Michael Jordan
- NBA
- Basketball
veryGood! (19)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- US Navy releases underwater footage of plane that overshot a runway floating above Hawaii reef
- Henry Kissinger was a trusted confidant to President Nixon until the bitter, bizarre end
- Spotify Wrapped is here: How to view your top songs, artists and podcasts of the year
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- More cantaloupe products recalled over possible salmonella contamination; CDC, FDA investigating
- Deutsche Bank was keen to land a ‘whale’ of a client in Trump, documents at his fraud trial show
- China says US arms sales to Taiwan are turning the island into a ‘powder keg’
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Video of rich kid beating parking guard outrages Mexico, already plagued by class divisions
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- 6-year-old South Carolina boy shot, killed in hunting accident by 17-year-old: Authorities
- The body of a missing 7-year-old boy was recovered in a pond near his Texas home
- Rosalynn Carter Practiced What She Preached
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- South Carolina men accused of targeting Hispanic shoppers indicted on federal hate crime charges
- Recall: Jeep Wrangler 4xe SUVs recalled because of fire risk
- College football playoff rankings: Georgia keeps No. 1 spot, while top five gets shuffled
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Nigeria’s leader presents $34 billion spending plan for 2024, prioritizing the economy, security
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
Virginia man dies in wood chipper accident after being pulled head-first
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Taylor Swift is Spotify's most-streamed artist. Who follows her at the top may surprise you.
Retro role-playing video games are all the rage — here's why
George Santos expulsion vote: Who are the other House members expelled from Congress?