Home

homeworld NewsMichael Jordan's signed 1998 NBA final sneakers becomes most expensive trainers ever sold

Michael Jordan's signed 1998 NBA final sneakers becomes most expensive trainers ever sold

By CNBCTV18.com Apr 13, 2023 10:27:07 AM IST (Updated)

Sotheby’s said that the Nike Air Jordan 13 sneakers sold for a record $2.2 million. Known as "The Last Dance" -- it was Jordan’s final year with the Chicago Bulls, the pair is believed to have sold at the lower end of estimates.

Basketball legend Michael Jordan's sneakers that he wore for the 1998 NBA final has become the most valuable sneakers ever to be sold at auction. According to Sotheby’s, the Nike Air Jordan 13 sneakers sold for a record $2.2 million. Known as "The Last Dance", as it was Jordan’s final year with the Chicago Bulls, the pair is believed to have sold at the lower end of estimates.

Recommended Articles

View All

Mann Ki Baat — here's how it became the ideal platform to discuss key healthcare issues and solutions in India

The black and red, or ‘Bred’ Air Jordan 13s were worn by Michael Jordan in the second game of the finals during his last year with the iconic team Chicago Bulls. In the game Jordan scored 37 points to take the Bulls to a 93-88 victory over Utah Jazz. The game is often called ‘The Last Dance’ Netflix took inspiration from the game for its series of the same name.

Also read: Are sneakers the new stocks? Here is all you need to know and the dos and don'ts of this new asset class

The Bulls won the sixth championship in eight seasons, completing their second three-peat. Michael Jordan collaborated with Sotheby's in January to auction off 13 pairs of retro sneakers each of which outsold the auctioneer’s high estimates multiple times over.

All of the items were to be sold during the 'Jordan Year' (2023) in reference to Michael Jordan's jersey number, 23.

The record-setting trainers which were one of the final public releases worn during Jordan's career with the Bulls formed part of Sotheby's Victoriam, a two-part curated sports collection which showcases memorabilia from past and present athletes.

The memorabilia of Michael Jordan are one of the most highly valued and sought after items at auctions as Sotheby's previously sold his jersey, worn at the first game of the 1998 NBA finals, for $10.1m (£8.1m) in September 2022 as per Skynews. The item became the most expensive game-worn sports memorabilia ever sold at auction.

(Edited by : Jerome Anthony)

First Published: Apr 12, 2023 8:43 AM IST

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Home

Live TV

CNBC-TV18 Specials

Sections

Terms and Conditions

Michael Jordan's signed 1998 NBA final sneakers becomes most expensive trainers ever sold

By CNBCTV18.com Apr 13, 2023 10:27:07 AM IST (Updated)

Sotheby’s said that the Nike Air Jordan 13 sneakers sold for a record $2.2 million. Known as "The Last Dance" -- it was Jordan’s final year with the Chicago Bulls, the pair is believed to have sold at the lower end of estimates.

Recommended Articles

Tags

Market Movers

Live TV

CNBC-TV18 Specials

Sections

Terms and Conditions

Michael Jordan's signed 1998 NBA final sneakers becomes most expensive trainers ever sold

By CNBCTV18.com Apr 13, 2023 10:27:07 AM IST (Updated)

Sotheby’s said that the Nike Air Jordan 13 sneakers sold for a record $2.2 million. Known as "The Last Dance" -- it was Jordan’s final year with the Chicago Bulls, the pair is believed to have sold at the lower end of estimates.

Recommended Articles

Tags

Most Read

Market Movers