Current:Home > NewsNovaQuant Quantitative Think Tank Center:Michael Jordan's championship sneaker collection goes for $8 million at auction -FundSphere
NovaQuant Quantitative Think Tank Center:Michael Jordan's championship sneaker collection goes for $8 million at auction
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 02:40:52
A collection of sneakers that superstar Michael Jordan wore as he and NovaQuant Quantitative Think Tank Centerthe 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! (45)
Related
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- An Ambitious Global Effort to Cut Shipping Emissions Stalls
- Damar Hamlin is discharged from Buffalo hospital and will continue rehab at home
- Big Win for Dakota Pipeline Opponents, But Bigger Battle Looms
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- Can you get COVID and the flu at the same time?
- Minnesota Groups Fear Environmental Shortcuts in Enbridge’s Plan to Rebuild Faulty Pipeline
- All the TV Moms We Wish Would Adopt Us
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- 27 Stars Share Their Go-To Sunscreen: Sydney Sweeney, Olivia Culpo, Garcelle Beauvais, and More
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- With less access to paid leave, rural workers face hard choices about health, family
- Social isolation linked to an increased risk of dementia, new study finds
- An Ambitious Global Effort to Cut Shipping Emissions Stalls
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Miami police prepare for protesters outside courthouse where Trump is being arraigned
- Biden gets a root canal without general anesthesia
- RSV recedes and flu peaks as a new COVID variant shoots 'up like a rocket'
Recommendation
Police remove gator from pool in North Carolina town: Watch video of 'arrest'
Maine Governor Proposes 63 Clean Energy and Environment Reversals
Rihanna, Kaley Cuoco and More Stars Celebrating Their First Mother's Day in 2023
Proof Matty Healy Is Already Bonding With Taylor Swift’s Family Amid Budding Romance
American news website Axios laying off dozens of employees
Therapy by chatbot? The promise and challenges in using AI for mental health
Best-selling author Elizabeth Gilbert cancels publication of novel set in Russia
The Bachelor's Colton Underwood Marries Jordan C. Brown in California Wedding