Question: A Pair Of Vintage Nike Sneakers Sold For A Record Price This Week. How Much Did They Go For?

How much did Michael Jordan shoes auction for?

A pair of trainers worn by basketball legend Michael Jordan fetched $615,000 (£460,000) at an online auction on Thursday. The Nike Air Jordan 1 High sneakers, described as the “rarest of the rare”, were used by the Chicago Bulls star in an exhibition game in 1985.

What is the most expensive pair of shoes ever sold?

These are the 20 most expensive sneakers ever made:

  • Air Jordan III OG – $4,500.
  • Nike Foamposite One “Sole Collector” – $6,000.
  • Nike Dunk Low Pro SB Pigeon – $6,250.
  • Nike Yeezy 2 Red October – $7,500.
  • Vlone x Nike Air Force 1 High – $8000.
  • Adidas NMD_R1 Friends and Family – $10,000.
  • Nike Air Mag Back to the Future – $14,500.

How much did the original Air Jordans cost?

The original Jordan 1 hit stores across America in March 1985, priced at $65.

You might be interested:  Question: How Many Memberships Silver Sneakers?

How much money did Nike make from Michael Jordan?

Thanks to his agreement with Nike, Jordan earns a five percent royalty on all of Nike’s gross sales. A little quick math shows Jordan has made $180 million in royalties over the past 12 months. Last year, Jordan made $157 million.

What is the most expensive Jordans in the world?

In May 2020, Sotheby’s sold a pair of Air Jordan 1s signed by Jordan himself for $560,000. The shoes were originals and had been worn by Jordan in a Chicago Bulls game. This amount was the highest a pair of shoes had ever auctioned, beating the previous record-holder (a pair of Nikes from 1972) by over $100,000.

What is the most expensive basketball shoe in the world?

The Most Expensive Basketball Shoes of All Time

  • Nike Kobe 9 Elite. Price: $225.
  • Air Jordan XX9. Price: $229.
  • adidas_1. Price: $250.
  • Air Jordan XX8. Price: $250.
  • Nike LeBron 9 Elite. Price: $250.
  • Nike LeBron X Elite. Price: $260.
  • Nike LeBron 11 Elite. Price: $275.
  • Reebok Question. Price: $65,000.

Does Nike Own Jordan?

Nike owns Jordan brand but Michael Jordan gets a percentage of the revenue. Michael Jordan signed his deal with Nike in 1984 and while the Jordan brand started as part of Nike as a subsidary, the brand has it’s own identity. This isn’t the first time Michael Jordan has had a major impact on sports and culture.

Why is Yeezy so expensive?

Low numbers of limited editions have kept the demand high and when the supplies ran out, you could find Yeezys offered for sale by those who had the insight to stockpile new pairs for later sale at a much higher price. This caused the price to soar even higher when they were hard to acquire.

You might be interested:  How Often Do You Need New Sneakers?

Who owns the most expensive shoe in the world?

Jada Dubai & Passion Jewellers Passion Diamond Shoes The number one spot for the most expensive shoe in the World belongs to the Passion Diamond shoes, by UAE designer Jada Dubai in partnership with Passion Jewelers. These shoes were unveiled in 2018 at the World’s only seven-star hotel in Dubai, the Burj Al Arab.

Why are the Jordan 1 Banned?

While Jordan was never seen wearing them in a regular season game, legend has it that every time Jordan stepped foot on the floor in these, the league would charge him a $5,000 fine for going against the so-called “dress code”.

Why are Dior Jordans so expensive?

Dior x Air Jordan 1 High OG Premium leather and high-quality construction warranted well-over a standard Jordan 1’s $170 USD price, but the release’s limited-to-8,500-pairs quantity and inaccessibility have driven resale premiums up 398%.

What are OG Jordans?

OG – Original or Original release. Firstly, OG can refer to the original colorways of shoes at the time of its initial release, i.e. Air Jordan 1 “Bred” is an OG. For example, When the Pure Money Jordan 4 re-released in 2017, many people preferred it’s OG release in terms of quality.

What is Scottie Pippen worth?

Scottie Pippen is an American former NBA basketball player who played a total of 17 seasons in the NBA.

Net Worth: $20 Million
Age: 55
Born: September 25, 1965
Country of Origin: United States of America
Source of Wealth: Professional NBA Player

Who is the first athlete billionaire?

MICHAEL SCHUMACHER – first billionaire athlete / greatest racer ever / first sports billionaire.

You might be interested:  What To Wear With Nike Wedge Sneakers?

How much did David Falk make off Michael Jordan?

Falk, Jordan, and his parents ultimately met with Nike, and struck up a record deal that would pay Jordan $500,000 per year for five years. The astronomical numbers blew away the James Worthy deal with New Balance, which paid Worthy $150,000 a year for eight years.

Leave a Reply

Your email address will not be published. Required fields are marked *