Six pairs of his sneakers were recently sold for a whopping $8 million, making Michael Jordan Breaking the record again.
According to the New York Daily News, the former basketball star wore the Dynasty sneakers during championship games from 1991 to 1998.
Michael Jordan’s collectible sneakers make millions at auction
These shoes truly carry the energy, sweat, and determination that former athletes wore during key moments in their careers.
Each pair carries the weight of championship victory, making them highly sought after by sneaker collectors.
Sotheby’s, the auction house that sold the shoes, announced that a buyer purchased all six pairs of Jordan’s NBA Finals shoes for $8,032,800.
However, the identity of the buyer remains a mystery, lending an air of intrigue to the deal.
But, let’s be honest, we all want to know who invested millions of dollars in these sneakers, right?
While we may never know who the buyer of these collectibles was, the price this person was willing to pay shows Jordan’s lasting impact on the world of sports.
“Today’s record-breaking price proves the GOAT. There is no denying that the Dynasty Collection ranks among the most important collections of sports memorabilia in history.” Brahm Wachter, head of modern collections, said in a statement, ESPN reported. “(This is) a truly unparalleled moment and milestone in auction history, and the sale of these six championship-winning sneakers may never be replicated.”
The “Dynasty Series” of Jordan shoes has since become the second most expensive piece of sports memorabilia associated with the 60-year-old.
His collectibles and Jordan Brand continue to make millions
Jordan’s highest payout in memorabilia was $10.1 million for the jersey he wore in Game 1 of the 1998 “Last Dance” finals.
Back in 2020, the release of his documentary series “The Last Dance” brought Jordan’s career and the Chicago Bulls dynasty to the forefront again.
The 10-part series provides an inside look at Jordan’s life, his pursuit of excellence and the challenges he faced on and off the court.
It also sheds light on the game’s significance in the sneakers he wore, now known as the Dynasty line.
Jordan carved a path for himself in business and sports that no one can replicate.
According to investors and sportswriters Joe PomplianoIn 2022, Jordan Brand’s annual revenue exceeded the $5 billion mark for the first time.
To put things in perspective, Jordan earned more than $150 million from Nike in 2022 alone, nearly double his career NBA earnings.
But by December 2023, those numbers had soared again, with Jordan now earning $330 million annually.