A pair of Nike sneakers worn by United States basketball star Michael Jordan sold for a record $1.47 million at an auction in Las Vegas on Oct. 24.
Jordan’s 1984 White & Red Nike Air Ships set a record for the first pair of sneakers to surpass the $1 million mark at an auction.
Jordan wore the sneakers at his fifth National Basketball Association (NBA) Game on Nov. 1, 1984 during his rookie season with the Chicago bulls, making the pair the earliest known regular season Nikes.
The sneakers were also the first basketball shoes Jordan wore as an NBA professional.
According to Sotheby’s auction, the shoes were “a remarkable artifact in the history of sports and basketball.”
The shoes also played “a key part of the design legacy of the original Air Jordan,” Sotheby’s said.
It was also in 1984 that Jordan — who became the first billionaire in NBA history — signed a deal with Nike to create his signature line of shoes and clothes.
“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,” Sotheby’s Streetwear and Modern Collectibles Department Head Brahm Wachter said.
Well-known collector Nick Fiorella bought the signed shoes.
Before the auction, the shoes were estimated to sell between $1 million to $1.5 million.
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