Current:Home > StocksMichael Jordan's championship sneaker collection goes for $8 million at auction -Wealth Navigators Hub
Michael Jordan's championship sneaker collection goes for $8 million at auction
View
Date:2025-04-17 19:34:13
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! (92)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Is a New Below Deck Sailing Yacht Boatmance Brewing? See Chase Make His First Move on Ileisha
- Activists See Biden’s Day One Focus on Environmental Justice as a Critical Campaign Promise Kept
- A ‘Polluter Pays’ Tax in Infrastructure Plan Could Jump-Start Languishing Cleanups at Superfund Sites
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Warming Trends: Global Warming Means Happier Rattlesnakes, What the Future Holds for Yellowstone and Fire Experts Plead for a Quieter Fourth
- To Understand How Warming is Driving Harmful Algal Blooms, Look to Regional Patterns, Not Global Trends
- 3D-printed homes level up with a 2-story house in Houston
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Donald Trump Jr. subpoenaed for Michael Cohen legal fees trial
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Elon Musk has lost more money than anyone in history, Guinness World Records says
- Inside Clean Energy: 7 Questions (and Answers) About How Covid-19 is Affecting the Clean Energy Transition
- Bridgerton Unveils First Look at Penelope and Colin’s Glow Up in “Scandalous” Season 3
- Highlights from Trump’s interview with Time magazine
- 2 boys dead after rushing waters from open Oklahoma City dam gates sweep them away, authorities say
- Florida Power CEO implicated in scandals abruptly steps down
- PGA Tour says U.S. golf would likely struggle without Saudi cash infusion
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Russia has amassed a shadow fleet to ship its oil around sanctions
Exxon Turns to Academia to Try to Discredit Harvard Research
Forests of the Living Dead
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
A recession might be coming. Here's what it could look like
Did AI write this headline?
Amazon ends its charity donation program AmazonSmile after other cost-cutting efforts