Top 10 Most Expensive Air Jordan Sneakers Ever Sold: Michael Jordans Flu Game Shoes Top The List
What is the most expensive pair of Air Jordan sneakers ever sold? Its still Air Jordan 12 , costing $104,000! Heres the 2021 list of the most expensive Air Jordan sneakers:
Undoubtedly one of the best-selling sneakers in the world, Air Jordans are also known for being among the most expensive ones in the market. Although a bit pricey for a pair of sneakers, Air Jordans remain popular among both fans and non-fans of basketball legend Michael Jordan. The brand has become an institution that most sneakerheads feel that no pair of feet should ever be without them.
Proof of this is the fact that even as purchasing and selling such shoes are enjoyable prospects, people would actually give anything for a pair of Air Jordan. They will brave long queues for hours just to get their hands on a pair. Jordans have definitely replaced popular brands like Adidas, Reebok and Converse, to name a few. This first began in the 90s and continues to this day.
Given these facts, it is no wonder that many believe that Air Jordans are not going away anytime soon. Its still popular as ever, with younger generations consistently joining the Air Jordan craze.
Nba Salary = $937 Million
Perhaps the most amazing part of Jordan’s multi-billion dollar fortune is that he earned almost all of it AWAY from the basketball court.
During his NBA career, Jordan made a total of only $93.7 million, which is downright meager by today’s standards. His rookie year brought him $550,000, and he played four seasons in the league before he first made at least $1 million in a year.
During the Bulls’ first three title runs , Jordan made a total of $9.75 million. He continued earning even during his first retirement, making more than he did during the first three-peat. When he returned, Jordan still only earned $3.85 million on the court, despite leading the Bulls to a 72-10 record.
After the fourth championship, Jordan finally received a big payday. More than two-thirds of his career earnings came from his final two seasons with the Bulls, when he made $30.14 and $33.14 million during the 1996-97 and 1997-98 seasons, respectively.
Air Jordan 12 $104000
At the top of our most expensive Air Jordan sneakers list, Air Jordan 12 Flu Game has a very interesting backstory. The Chicago Bulls were playing the Utah Jazz in the 1997 NBA Finals, with the series tied at 2-2. Utah Jazz was on a roll, winning the last two games. To add to the Bulls problems, MJ was exhibiting flu-like symptoms and couldnt play as well as he should. However, Jordan managed to lead the team to victory, scoring 15 points in the 4th quarter.
The sneakers are basically a black and red edition of the original version clad in premium leather. It is truly the king of all Air Jordans, with Brand Jordan having released two retros. No wonder it got sold for $140,000. When you buy shoes like this, youre not just purchasing a product, youre buying memories.
There you have it, our top picks for the most expensive Air Jordans ever sold. Say what you will but these sneakers are not just a part of some fad destined to blow over in a matter of years. Their hefty prices are not based solely on the way they are made and what they are made of, they reflect one ball players legacy and the spirit of those who may or may not have had the privilege to see him play.
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Michael Jordan’s Trainers Sell For Record $147m At Auction
A pair of trainers worn by the US basketball star Michael Jordan have sold for a record $1.47m at auction.
Jordan used the pair of red and white Nike Air Ships during his first season with the Chicago Bulls in 1984.
That was the year he and Nike began their collaboration to create his signature brand of clothes and shoes.
The price is the highest ever paid for game-worn footwear from any sport.
Jordan is seen by many as the best player in the history of basketball.
The shooting guard, who spent most of his career with the Chicago Bulls, became a global icon and helped raise the NBA’s profile around the world.
Jordan, who retired in 2003, also became the first billionaire player in NBA history.
“This record-breaking result for the Jordan Nike Air Ships affirms the place of Michael Jordan and the Air Jordan franchise at the pinnacle of the sneaker market,” said Sotheby’s Brahm Wachter after Sunday’s auction in Las Vegas.
The signed trainers were bought by Nick Fiorella, a well-known collector.
Before the auction, they had been estimated to sell for between $1m and $1.5m.
They are, however, not the most expensive trainers ever sold. That record belongs to the rapper Kanye West, whose Nike Air Yeezy 1 Prototypes fetched $1.8m via a private sale in April.
The record price for trainers has been broken several times in recent years, and the market now attracts interest from general buyers as well as leading collectors.
Sneaker Deals Are The Biggest Endorsement For Most Nba Players And Typically Represent The Bulk Of Their Off
If Zion lives up to the hype, he is going to be a constant source of content creation for Nike, says Kernan. Athletes are very monetizable right now with social media, and Nike will participate in all of that content every time he does something memorable.
Zion didnt come cheap for Nike after his Nike PG 2.5 shoe split open on national TV in February and left egg on the face of the $39 billion-in-revenue sports giant. His multi-year deal is worth an estimated $13 million annually, including reachable incentives, and ranks fifth among current NBA players. A line of his own is all but certain in the near future.
Its a lucrative career path. A shoe deal is almost always the richest endorsement deal for an NBA player, typically making up more than half of their off-court income. Michael Jordans massive haul in Nike royalties make up 90% of his current annual income and now totals $40 million more than the $90 million combined he made during his 15 years playing for the Chicago Bulls and Washington Wizards.
Basketball and soccer are the only true global team sports, which is why brands like Nike, Adidas and Under Armour are willing to pay such massive sums to the stars in each sport. The players can be used in marketing campaigns around the world.
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How Much Does Michael Jordan Make A Year From Nike/jordan Brand $80 $100 Million
Michael has revealed that while playing college ball for UNC, at one point he had just $20 in his bank account. He had to ask his mom to send him postage stamps so he could stay in touch. Money wouldn’t be a problem for long.
In 1984, the same year he graduated college, Jordan received an endorsement deal from Nike worth $500,000 over five years. He also received stock options in the company, bringing his total compensation to $7 million during those five years.
Here’s the craziest thing: before that deal, Jordan had never worn a pair of Nikes in his life. He was an Adidas guy, but Nike’s offer was too good to pass up.
When Jordan wore the shoes, they violated the NBA’s uniform rules. Nike paid every fine, and in fact used the controversy to generate additional excitement around the Air Jordans. By March 1985, consumers could buy the shoe, and did they ever within two months, it had sold more than a million pairs. That first year, Air Jordan shoes brought in $100 million of revenue for Nike. Today, the shoes generate more than $2.5 billion every single year.
Jordan has a pretty sweet deal with his shoes, too. Since 1992, he’s earned at least 25 cents for every Air Jordan sold. Today, he makes $4 every time an Air Jordan shoe gets sold. That’s good enough to earn about $80 to $100 million every year. Some years, Air Jordan sales bring in even more, giving Jordan as much as $120 million.
Other Endorsements And Businesses = $500 Million
Nike isn’t Jordan’s only endorsement deal, though. He’s also had partnerships with Gatorade, McDonald’s Wheaties, Coca-Cola, Hanes, Chevrolet, Rayovac, MCI, Ball Park Franks, Upper Deck, 2K Sports, and Five Star Fragrances.
Jordan’s Gatorade deal is likely his most lucrative after Nike. After the 1988-89 season ended, Jordan signed a ten-year, $18 million endorsement contract with Gatorade. That partnership brought the famous “Be Like Mike” ad to the airwaves and gave us a toe-tapping song, to boot.
On top of his endorsements, Jordan also owns a car dealership and seven restaurants. All of these business ventures have brought him a whopping $1.6 billion.
In 2018, Michael and Magic Johnson invested in the popular esports organization Team Liquid. About a year after their investment, new investors plunged money into the team at a valuation of $320 million. It’s not clear how big Magic and Michael’s stakes are.
In 2017 when Derek Jeter led a group of investors in purchasing the Miami Marlins baseball team for $1.2 billion. Derek invited Jordan to invest and today MJ owns around 1% of the team.
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How Much Does Michael Jordan Make From Jordan Brand
Michael Jordan gets close to 10% of the revenue from his Jordans brand. In 2019, he took in an estimated 130 million .
Part of the reason why Michael Jordan makes so much is because of the luxury like feeling of the brand as well as the price of the sneakers.
Matt Powell says this:
I do think Jordan is accretive, says Matt Powell, the sports industry analyst for research firm NPD Group. Jordan in some ways is Nikes luxury brand. According to NPDs data, the average price of a Jordan sneaker is $139, versus $76 for the average Nike mens shoe. Its apparel tends toward the premium end too.
Michael Jordan has the richest shoe deal in NBA history.
MJs annual take is an estimated $130 million, four times more than that of Lebron James, the No. 2 earner, with $32 million. Arguably, 16 years after he last laced up his own high tops on the court, more Jordan-branded shoes and apparel are being sold than the signature lines of every other current NBA player. Combined.
Bobcats Investment = $1 Billion+
Towards the end of his playing career , Jordan divorced from his wife Juanita in 2002. The divorce settlement cost Jordan $168 million. That’s one of the largest celebrity divorce settlements in history.
That same year, he purchased a minority stake in the Charlotte Bobcats. In 2010, he spent $175 million to purchase a larger stake from the team’s majority owner, BET founder Robert Johnson. That deal gave Jordan 80 percent ownership of the team.
But Jordan continued to grow his stake, increasing his ownership from 80 to 89.5 percent by 2014. Let’s do a little quick math here. At the time, the franchise, now renamed the Hornets, had been valued at $500 million with $135 million worth of debt. A little while later, the Clippers, also valued at $500 million, sold for $2 billion. Assuming the Hornets grew their valuation to $600 million during that timeframe, Jordan’s stake in the team after debt was worth $416 million. Combined with his $600 million in outside money, that made him a billionaire for the first time in his life.
Last year, Jordan sold a minority stake in the Bobcats to hedge fund managers Gabe Plotkin and Daniel Sundheim. The percentage wasn’t disclosed but the valuation was. The new investors bought in a team valuation of $1.5 billion.
As NBA franchise values continue to rise, so too will Jordan’s net worth.
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Air Jordan Xvii $11267
This Air Jordan was originally launched in 2002, around the time Jordan played for the Washington Wizards. It was marked by the basketball legends return to the NBA after a brief furlough. The sneakers are characterized by their smooth and sophisticated design. They had a removable gaiter/shroud covering almost half of the whole shoe. These shoes also had a Jumpman embossed metal carrying case, a very fashionable shoebox for those who could afford them.
The Nike Air Ships From Mj’s Rookie Season Sold For $1472 Million At Auction On Sunday
One fan is now the owner of game-worn Michael Jordan sneakers from MJ’s rookie season, but the kicks didn’t come cheap. Jordan’s game-worn sneakers sold for $1.472 million to collector Nick Fiorella, breaking the record for most expensive game-worn shoes. The Nike Air Ships sold Sunday at the Sotheby’s Icons of Excellence & Haute Luxury auction in Las Vegas.
The sneakers were worn in MJ’s fifth ever NBA game for the Chicago Bulls. In the game, which was against the Denver Nuggets, Jordan recorded 17 points, five rebounds and five assists.The pair of shoes were signed and given to former Nuggets ball boy TJ Lewis, who sold them.
Brahm Wachter, heads of Sotheby’s streetwear and modern collectibles department, told ESPN:
“From the moment news broke of these sneakers, it generated huge . This exceptional result for the Jordan Nike Air Ships speaks not only to the strength of the collectibles market but also to the esteem with which Michael Jordan’s items and the Jordan franchise are held.”
The sneakers were designed by Nike Air Force 1 creator Bruce Kilgore. According to sneaker rumors, when Jordan signed with Nike back in 1984, the Air Jordan 1a, set to be his signature shoe, were not ready, so the company went with Air Ships.
The NBA said because the sneakers had so much color, they violated the uniform clause.
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Check Out Exclusive Michael Jordan Merchandise At The Nba Store
These jerseys are a perfect match for the sneakers you already own. Now all you’ll need to find is the right pair of shorts, and you have your very own Michael Jordan battle gear.
Head on over to the NBA Store’s Hardwood Classics section. Hurry while supplies last!
Michael Jordan’s 1984 Nike Air Ship Trainers Break Records After Selling For $142m
The iconic red and white sneakers were worn by the NBA superstar in his fifth game in his rookie season for the Chicago Bulls on 1 November 1984.
Monday 25 October 2021 12:26, UK
A pair of trainers worn by basketball superstar Michael Jordan at the beginning of his career have sold for a record-breaking $1.42m in Las Vegas.
The white and red Nike Air Ship shoes were worn by Jordan in his fifth game for the Chicago Bulls during his rookie season in 1984.
It was in this year that the athlete and sports brand formed their famous partnership, creating signature shoes and clothing.
This deal paved the way for the many player-brand collaborations we now see today.
“The most valuable sneakers ever offered at auction-Michael Jordan’s regular season game-worn Nike Air Ships from 1984-have just sold at $1,472,000 in our luxury sale in Las Vegas,” the auction house Sotheby’s tweeted.
The shoes were estimated to sell for between $1m and $1.5m at Sotheby’s’ Icons of Excellence and Haute Luxury Auction at the ARIA hotel in Las Vegas.
Brahm Wachter, head of Sotheby’s Streetwear and Modern Collectables said: “To present such a groundbreaking and important pair of sneakers at this special auction in Las Vegas further solidifies the strength and broad reach of the sneaker collecting community.
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Air Jordan 10 Ovo $20000
A special edition Air Jordan and a rare one at that, Air Jordan 10 was originally crafted as a gift for rapper Drake and his crew. It was meant to reflect Jordan Brands partnership with the group. However, a fan got the opportunity to own one during the Toronto Raptors event Drake Night. As anyone would, the fan immediately put the sneakers up for sale, fetching $20,000. This all black pair is stamped with a red Jumpman branding along with a gold OVO owl.
From Three Stripes To Swoosh
There sure were a lot of telling Jordan tidbits in that documentary. For one, MJ originally wanted to sign with Adidas before entering the NBA in 1984. But the company big wigs in Germany deemed him too short at 6’6″ because they were looking for a “seven-foot-tall guy.”
Adidas ended up passing and committing likely one of the biggest missteps in its corporate history.
Family matriarch Deloris then advised her son to hear out Nike’s offer. As MJ recalls:
My mother said, ‘You’re going to go listen. You may not like it, but you’re going to go listen.’ She made me get on that plane and go listen.
Nike offered the 21-year-old Jordan $500,000 per year for five years. As a bonus, he got his own shoe. Thus, the birth of the first Air Jordan.
But there was a bit of a snafu: the first Jordans were predominantly black by design and that violated the league’s uniform policy at the time. That meant paying a $5,000 fine for every game MJ wore it.
The apparel giant was willing to stick their neck out for the budding star, so they decided to pay every penny. Nike also used this little act of rebellion as a marketing tool to push the brand further.
The ploy worked like a charm. For its initial goal, Nike projected $3 million in revenue for the next three years. They ended up raking in $126 million during the first year of sales alone. Just like that, a sneaker revolution commenced.
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