Michael Jordan 1998 NBA Finals Sneakers Fetch Record $2.2 Million at Auction

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Michael Jordan 1998 NBA Finals Sneakers Fetch Record $2.2 Million at Auction


Last Updated: April 12, 2023, 01:20 IST

The worth got here in simply above Sotheby’s low pre-sale estimate of $2 million however effectively beneath the anticipated excessive of $4 million. (Image: Sotheby’s Twitter)

The basketball nice wore the “Bred” Air Jordan 13s throughout Game 2 of the 1998 NBA Finals on the best way to his sixth and final NBA championship title

A pair of sneakers worn by NBA famous person Michael Jordan offered for $2.2 million on Tuesday, setting a file worth at public sale for game-worn sports activities footwear, Sotheby’s introduced.

The basketball nice wore the “Bred” Air Jordan 13s during Game 2 of the 1998 NBA Finals on the way to his sixth and last NBA championship title.

The online sale cements Jordan’s position as the most valuable athlete at auctions for sportswear memorabilia.

It broke his own record of $1.5 million for sneakers, set in September 2021.

Last year, one of his jerseys sold for $10.1 million, the most ever paid at auction for any game-worm collectibles.

“Today’s record-breaking result further proves that the demand for Michael Jordan sports memorabilia continues to outperform and transcend all expectations,” Brahm Wachter, Sotheby’s head of streetwear and fashionable collectables, stated in an announcement.

Jordan wore the sneakers for the second half of the Chicago Bulls’ 93-88 victory over Utah Jazz on June 5, 1998.

Jordan scored a game-high 37 factors as his Bulls facet tied the collection 1-1.

The Finals featured within the hit 2020 ESPN/Netflix documentary “The Last Dance,” about Jordan’s final season with the Chicago side.

Wachter said nostalgia for a different era was driving the popularity of Jordan memorabilia.

“We have clients in all different areas, from real estate, to finance to private equity. There are many people that are interested in this emerging market,” he advised AFP.

The worth got here in simply above Sotheby’s low pre-sale estimate of $2 million however effectively beneath the anticipated excessive of $4 million.

The public sale home stated Jordan had autographed the footwear and given them to a ball-boy after the sport.

Sotheby’s didn’t specify whether or not that recipient was the vendor. Nor did it establish the client of the scale 13 shoe.

The sneakers are often known as “Bred” for their black and red color, a style Jordan wore throughout most of his trophy-laden career.

Jordan, now 60, spent the bulk of his playing career with the Bulls, with whom he won all six of his titles, but came out of retirement in 2001 to play two seasons with the Washington Wizards.

The retired star currently owns the Charlotte Hornets, located in his childhood home of North Carolina, and reportedly still earns millions in royalties each year from sales of Nike’s Air Jordan brand of sneakers.

Tuesday’s sale coincided with the release this month of the movie “Air,” about Nike’s pursuit of Jordan.

The $10.1 million sale of Jordan’s jersey from Game 1 of the 1998 NBA Finals in September 2022 beat a file held by Diego Maradona’s “Hand of God” Argentina jersey.

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(This story has not been edited by News18 workers and is printed from a syndicated information company feed)



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