Current:Home > News1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -TrueNorth Capital Hub
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-11 15:11:56
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! (961)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Live updates | Palestinians live in dire human conditions in Gaza despite Israel’s safe zone
- QVC’s Gift-a-Thon Sale Has the Season’s Lowest Prices on Peter Thomas Roth, Dyson, Tarte, Bose & More
- Former congressman tapped as Democratic candidate in special election to replace George Santos
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- How Ian Somerhalder and Nikki Reed Built Their Life Away From Hollywood
- The Excerpt podcast: Republicans turn on each other in fourth debate
- New England Patriots vs. Pittsburgh Steelers over/under reaches low not seen since 2005
- Small twin
- MLS Cup: Ranking every Major League Soccer championship game
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Advocates say a Mexican startup is illegally selling a health drink from an endangered fish
- Forest Whitaker's ex-wife, actress Keisha Nash, dead at 51: 'Most beautiful woman in the world'
- Selena Gomez Appears to Confirm She’s Dating Benny Blanco
- Intel's stock did something it hasn't done since 2022
- Rhode Island lawmakers and advocates working to address soaring housing costs
- How to adapt to climate change may be secondary at COP28, but it’s key to saving lives, experts say
- Suspect in Texas killings tried to escape from jail, affidavit says
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
A St. Paul, Minnesota, police officer and a suspect were both injured in a shooting
Texas judge allows abortion for woman whose fetus has fatal disorder trisomy 18
Judge rules against Prince Harry in early stage of libel case against Daily Mail publisher
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Actress Keisha Nash, Forest Whitaker's Ex-Wife, Dead at 51
Yankees' huge move for Juan Soto is just a lottery ticket come MLB playoffs
Charlie Sheen Reveals He's Nearly 6 Years Sober