Michael Jordan's Sneakers Break Auction Records, Selling for Millions.

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Source: ARTnews
Michael Jordan's Sneakers Break Auction Records, Selling for Millions.
Photo: ARTnews
TL;DR Summary

A pair of Air Jordans worn by Michael Jordan during the 1998 NBA finals sold for $2.2 million at Sotheby's, becoming the most expensive sneakers ever auctioned. The sneakers were sold online in a sports memorabilia sale and were estimated to sell for $2 million-$4 million. Sotheby's, Christie's, and Phillips have begun placing greater weight on auctions for sneakers and other collectibles to court younger collectors in adjacent fields.

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