Current:Home > InvestMichael Jordan's championship sneaker collection goes for $8 million at auction -GrowthInsight
Michael Jordan's championship sneaker collection goes for $8 million at auction
View
Date:2025-04-13 21:53:56
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! (17568)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Thai police seize a record haul of 50 million methamphetamine tablets near border with Myanmar
- Why dictionary.com's word of the year is hallucinate
- Hundreds of eggs, 53 primates, 660 pounds of ivory among items seized in global wildlife trafficking operation
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Fake social media accounts are targeting Taiwan's presidential election
- Holiday classic 'Home Alone' among 25 movies added to the National Film Registry this year
- Virginia has tentative deal to move Washington’s NBA, NHL teams, Youngkin says
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Prince Harry and Meghan Markle's Archewell Foundation sees $11 million drop in donations
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Oprah Winfrey Defends Drew Barrymore From Criticism Over Interview Behavior
- Andre Braugher, Brooklyn Nine-Nine and Homicide: Life on the Street actor, dies at age 61
- Somalia secures $4.5 billion debt relief deal with international creditors
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Geminids meteor shower peaks this week under dark skies
- Author Cait Corrain loses book deal after creating fake profiles for bad reviews on Goodreads
- Oprah Winfrey reveals she uses weight-loss medication
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Court upholds judge’s ruling ordering new election in Louisiana sheriff’s race decided by one vote
Albania’s Constitutional Court blocks Parliament’s ratification of deal with Italy on migrants
Myanmar overtakes Afghanistan as the world's biggest opium producer, U.N. says
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
After 18 years living with cancer, a poet offers 'Fifty Entries Against Despair'
Oprah Winfrey reveals she uses weight-loss medication
Swedish authorities broaden their investigation into a construction elevator crash that killed 5