Cohen: He was a very marketable figure, with a great smile and a big hoop earring, and people wanted to look like him. RELATED: Air Jordan 'Gym Red Sneaker' Release Date And Details. Virgil's Nike co-signs don't come cheap, but with these sneakers only set to build value over the years, the Off-White x Nike Air Jordan 5 . Since Air Jordans were originally intended to be basketball shoes, they are made with good quality materials. Just Souled Out: The Aleali May Jordan 1 Viotech. Editors Notes: The Rust Pink Nike Air Jordan 1 makes up the the second half of 2017s Art Basel Jordan Brand drop, the other sneaker being the aforementioned Igloo colorway. KD15. Its no wonder that when a collector put a sample pair up for auction on eBay, they wound up going for $11,267. You may need to start your own business or take on a second job if you want to snag a pair of these kicks. Discover & Shop what's next with our brand new App, *If you submitted your e-mail address and placed an order, we may use your e-mail address to inform you As they see the resale prices of their shoes go higher, they want more of the pie, and so they started to try and get more of the pie. While not an OG colorway, the fact that it was a European-exclusive means it became the most valuable of the three Off-White x Nike Air Jordan 1s. The true holy grail is own a pair worn by the great Michael Jordan himself. The Fragment's resale value more than doubles its competition. To make the story even more legendary, Jordan. Today's video we go over the Air Jordan 1 Mid and if I think they are worth the money! After the popularity of the shoes, Wahlburg and Nike released 30 pairs of the shoes and raffled them off to help with California wildfires relief. Your email address will not be published. Talk about going full circle. . Michael received this shoe as a gift from his wife on his 32nd birthday owning a pair of these shoes would be owning a piece of significant history. These Jordan 1 Off-White University Blue sneakers are selling for over $1,500 on the secondary market. This incredible design was inspired by the fighter planes which were used in World War II, as they had the image of the mouth of a shark painted across the nose of the aircraft. or take on a second job if you want to snag a pair of these kicks. Nowadays, you can find pretty much any color of Jordans in a variety of different patters. Release Date: May 11, 2019 The shoes are so expensive because theyre rare. Of course, at the time of the win- this is the shoe he wore on his feet. Few descriptors are too superlative for the Air Jordan 1. Release Date: N/A And if youre into sneakers to the point where youre shelling out hundreds (or sometimes even thousands) of dollars for a pair, then youll definitely want to check out this list of the 20 most expensive Air Jordans ever made. The hunter green suede and bright orange laces are certainly a departure for the Jordans, but fans were pretty rabid. Nike Air Jordan 1 Legends of Summer Red, 2. Spike Lee x Nike Air Jordan 1 Fort Greene, 7. Jordans wife gave him the shoes as a present for his 32nd birthday. It was that little trick of deception that lead to the birth of the legendary sneaker of all time. Of Michael Jordan's net worth of over $ 2 billion, only under $100 million was made from his salary at the Chicago Bulls and Washington Wizards. If you dont already have Amazon Prime, check out the FREE 30 day trial.Amazon Prime 6 Month Trial for Students This offer comes with exclusive deals and promotions for college students. Something about a lawnmower covered with a tarp drew his eye and inspired his design. Today, there are over 37 different styles of Nike Air Jordans. Reuters 2 hrs ago. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); My name is Hayden, and I'm a digital marketing consultant. This shoe design took the world by storm. Released in 1985, they were one of the only pairs to be made in leather and patent leather at that. That's right, Air Jordan, Air Jordan, Air Jordan. If so, how much? Sure, releasing a limited amount of pairs builds hype. When you're What to Wear Men is a fashion and lifestyle blog sharing tips and tricks to help men look their best! Combined with the metallic gold Swoosh, the shoes were striking. A Sneaker Life: This has to be my favorite sneaker of all time. These shoes were both sold in limited releases, so why did Jordans become so much more expensive? Average Resell Price: $1,956 If you get yourself a pair of Jordans, then you know that you have yourself a comfortable pair of sneakers. The Nike Air Jordans are super comfortable and can be worn all day long. Nike recognized this unique marketing opportunity and footed Mike's bill as he went on to win Rookie of the Year, playing every game in his banned namesake sneaker. Nike makes and markets its iconic sneakers to increase. It was worn in 1985 when Michael Jordan played in the NBA all-star game. The Air Jordan 2 wasn't as successful. Jordan 1 Retro High Shinedown Attention Attention PE, Jordan 1 Retro High OG Legends Of Summer Black 3M (Sample), Jordan 1 Retro High Charlotte Hornets Foundation Black, Jordan 4 Retro Travis Scott Cactus Jack (F&F), Jordan 3 Retro Oregon Ducks Pit Crew White, Jordan 1 Retro High SoleFly Art Basel Black, Jordan 1 Retro High Florida Gators PE (2020), Jordan 5 Retro Trophy Room University Red (F&F), Jordan 1 Retro High Charlotte Hornets Foundation White. Although the celebrity and brand collaborations are cool, it is almost impossible to get your hands on a pair, especially for retail prices. These shoes were only given to a few cast and crew, making them extremely valuable. Detail of the "Air Jordan" Nike shoes worn by Chicago Bulls' center Michael Jordan #23 during a game . How much money do Air Jordans make for Nike, and does Michael Jordan still make money from the shoe brand? In collectors eyes, this makes them an important piece of sports history and really drives up the price. Air Jordans are iconic shoes that are very much worth the price. A retro is a rerelease of an original shoe. In 2017, with the release of. Average Resell Price: $6,100 Average Resell Price: $1,269 Dave White x Nike Air Jordan 1 Wings for the Future Gold, 9. Jordan's first contract with Nike, signed in 1984, was worth $500,000 per year, plus royalties.. The idea is that the product is so sensational, so wanted by the consumer, that it's pulling them into the store. Please be aware that our efforts to maintain accessibility and usability are ongoing. Other notable Jordan All-Star game memorabilia pieces have also smashed records. Sothebys, operated by Vice President Brahm Wachter, has sold a number of the most expensive Air Jordans ever. Editors Notes: While the black and red (Bred) colorway wasnt anything new in 2011 when the Banned Nike Air Jordan 1 dropped, the red X and the original Nike Air label on the tongue were, which is why this specific iteration is worth so much more than 2009s Bred Air Jordan 1. From shoes worn by the GOAT Michael Jordan himself, to the unwearable Solid Gold Nike Air Jordan collab, these shoes are sure to make your jaw drop! For some sneaker fans, its not enough to own any old pair of Jordans. Who are the 25 Most Charitable Athletes in the World? The shoes are a bright blue colorway and feature a hanging tag that states, We the best. The average resale is over $8,000. Nike Zoom Mercurial Vapor 15 Elite FG. Off-White x Nike Air Jordan 1 Chicago, 12. Needless to say, this pair, like the other two colorways before it, is extremely limited. If you happen to own a pair, you may struggle between proud ownership and willingness to sell, as they are now worth at least $25,000. Required fields are marked *. Air Jordan 8 Retro Kentucky Madness PE, Most of us can afford a pair of Air Jordans or two, but not many have the cash flow it takes to be a true sneakerhead and own a pair of Nike history. Make Money Cool Grey at the best online prices at eBay! Nike Air Jordans often sell for more than the average sneaker. You sell the fucking shoes, you take the money, and you never think about what happened to them after they left your possession. This amount set the record for the most expensive pair of shoes that ever sold at an auction, beating the previous record-holder (a pair of Nikes from 1972) by over $100,000. Jacques Slade: The Air Jordan 1. The first "Air Jordan" sneaker was. The price tag on these shoes comes from the story behind their design. Editors Notes: The third and final Legends of Summer Nike Air Jordan 1, this pair features that classic black/red color blocking that drive Jordan fans nuts and adds reflective silver detailing on the Swoosh and toe box for a very special, truly one of a kind look. A pair of Air Jordans just sold at Sotheby's for a record-breaking $560,000. News on all your favorite celebs, reality TV, and movies. Despite increased competition, Jordan's prices stayed high. Due to its luxurious upper construction and the low levels of stock, it has become one of the most expensive Air Jordan 1s of all time. As an Amazon Associate I earn from qualifying purchases. 20. But when Michael Jordan burst onto the scene, he quickly became a global icon, even during his time playing college basketball at North Carolina. Cohen: This happens with every sneaker brand. While theyre listed at $225, the shoes are also notoriously sold out. The Jordan brand became a sneaker giant, and MJ became the greatest player in basketball history. Surprisingly Normal, Sorry, Gen Z: Skinny Jeans Are Officially Back, to become beloved in hip-hop, skateboarding, and fashion. Although this doesnt matter to everyone, a reason why Air Jordans are such good shoes is because they come in a wide variety of sizes. Nike x Off-White. Why have one athlete on your Nikes when you can have two? This was the third and final Legends of Summer Nike Air Jordan 1. The company only made 12 pairs. Travis Scott x Nike Air Jordan 1 Reverse Swoosh, 18. The Air Jordan 11s came out in 2012 to much praise from the sneakerheads. Michael Jordan actually didnt want to sign with Nike. The goal is that the resale value of the sneaker will go up and the sneaker can be sold years later. A green Swoosh was present on the lateral side, while the medial Swoosh was bright orange, giving the already-eye-catching sneaker yet another reason to break necks. These sold at auction in 2013 for $104,000. It represents the beginning of Jordan's career. Also worth $1,050 (estimated) these sneakers are dark gray with white laces. Ismael: Whether you're into fashion, whether you're into sports, or whether you're just a fan of Michael Jordan himself, you have to know about Jordan Brand, you have to own something from Jordan Brand. Editors Notes: This Air Jordan 1 was given out to friends and family of Jordan Brand as part of the 2011 Quai 54 street ball tournament in Paris, France. One pair sold for $18,257, and the shoes are now estimated to go for much higher at auction. Save my name, email, and website in this browser for the next time I comment. And Tinker incorporated his Air Max technology into the sole. But why are they so expensive? Air Jordan 3 Retro DJ Khaled Grateful. Air Jordan 1 Chicago Shattered Backboard 1. Matt Powell: The fact that it's made in China where the tariffs are higher, made in the best factories, made with more material (basketball shoes tend to use more material than a running shoe), and then trying to be as close to the original product are all things that have driven prices up there. And this is the Yeezy Boost 350 V2 Core Black/Red, which retailed at $220 in 2016 and now resells for $900. The Air Jordan 1 customs also references Notorious B.I.G. A big reason why Jordans have remained so relevant is by doing celebrity and brand collaborations. Each newsletter contains an unsubscribe link. While Nike is known for its Swoosh logo, the Air Jordans second iteration was their first shoe not to feature the Swoosh. Before the 1984-85 season, Nike signed an unproven MJ to a five-year deal worth more than three times the richest contract at that point. Release Date: October 18, 2016 when wearing the new shoes, which went against their color regulations. the range of assistive technology is wide and varied. In 2013, Justin Timberlake and Jay-Z went on tour. Your email address will not be published. Perhaps its because of the shoes iconic shark-tooth style or the fact that legendary Nike designer Tinker Hatfield was inspired by World War II planes when coming up with the style. His net worth rose by $300 million. When eventually the Jordan 1s were released to the public with the colorway that Michael wore for his games, they were named Banned colorway by the fans, they are also known as, Bred Black and red. But there is no confirmation of this rumor. Since these collaborations are hard to get your hands on, it has created a lot of hype around the sneakers. 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To snag a pair of Air Jordan references Notorious B.I.G exclusive pair of Air Jordan 1 customs references.