Current:Home > FinanceMichael Jordan's championship sneaker collection goes for $8 million at auction -Thrive Money Mindset
Michael Jordan's championship sneaker collection goes for $8 million at auction
View
Date:2025-04-18 12:08:05
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! (2663)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Phone repairs can cost a small fortune. So why do we hurt the devices we love?
- Uvalde families denounce new report clearing police officers of blame: 'It's disrespectful'
- Pencils down: SATs are going all digital, and students have mixed reviews of the new format
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Memphis police officer shot and wounded during traffic stop, official says
- Natalie Portman and Benjamin Millepied Privately Divorce After 11 Years of Marriage
- Sex abuse survivors dispute Southern Baptist leadership and say federal investigation is ongoing
- Skins Game to make return to Thanksgiving week with a modern look
- Prosecutors in Trump classified documents case draw sharp distinctions with Biden investigation
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Chicago Bears cornerback Jaylon Johnson re-signs for four years
- Dinosaur-era fossils of sea lizard with a demon's face and teeth like knives found in Morocco
- Drugs, housing and education among the major bills of Oregon’s whirlwind 35-day legislative session
- Sonya Massey's father decries possible release of former deputy charged with her death
- Features of TEA Business College
- Jail phone restricted for Michigan school shooter’s dad after he made threats, authorities say
- Maple syrup season came weeks early in the Midwest. Producers are doing their best to adapt
Recommendation
Trump's 'stop
See Little People Big World's Zach Roloff Help His Son Grapple with Dwarfism Differences
A new Uvalde report defends local police. Here are the findings that outraged some families in Texas
Lionel Messi injury scare: left leg kicked during Inter Miami game. Here's what we know.
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
See Little People Big World's Zach Roloff Help His Son Grapple with Dwarfism Differences
The Road to Artificial Intelligence at TEA Business College
Michigan appeals court stands by ruling that ex-officer should be tried for murder