A collection of six game-worn Air Jordan sneakers, each representing a championship win by Michael Jordan and the Chicago Bulls, has set a new record, fetching a staggering $8 million.
This extraordinary collection, named the “Dynasty Collection,” includes sneakers worn by Jordan during the championship series in 1991, 1992, 1993, 1996, 1997, and 1998.
Michael Jordan’s Legacy Soars
Sotheby’s, a renowned auction house, emphasized the symbolic significance of the Dynasty Collection, highlighting its role as a lasting reminder of Michael Jordan’s monumental impact on the world and his legendary status.
Brahm Wachter, overseeing modern collectibles at Sotheby’s, expressed the collection’s validation through its monumental result.
The buyer remains undisclosed, and the seller is simply identified as a “private American collector” who acquired the sneakers from a longtime Bulls executive.
According to Sotheby’s, the tradition of gifting a sneaker to the executive began in 1991 after the championship-winning game, continuing after subsequent victories.
The auction lot also included captivating photos of Jordan celebrating the 1992, 1993, 1996, and 1998 wins wearing a single shoe.
Michael Jordan, a five-time NBA MVP and two-time Olympic gold medalist, holds a unique place in basketball history.
In 1992, then-NBA Commissioner David Stern declared him “the standard by which basketball excellence is measured,” and in 2022, the NBA renamed its MVP trophy in his honor.
Beyond his on-court prowess, Jordan played a pivotal role in revolutionizing the athletic shoe industry and elevating sneaker culture, collaborating with Nike to create the iconic Air Jordans in the mid-1980s.
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Collection Fetches $8 Million at Sotheby’s Auction
This auction follows the trend of escalating prices for Michael Jordan memorabilia. In April of the previous year, a pair of sneakers he wore during the 1998 NBA Finals set a record at Sotheby’s, selling for $2.2 million.
The highest auction price for any Jordan memorabilia reached $10.1 million for his jersey from the first game of that series, as reported by Sotheby’s in 2022.
Michael Jordan’s legacy continues to captivate collectors and enthusiasts alike, as evidenced by the remarkable prices achieved in recent auctions.
From game-worn sneakers to historic jerseys and even an unused ticket to his 1984 debut with the Bulls, the market for Jordan memorabilia remains red-hot, reflecting the impact of the basketball legend.
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