Michael Jordan memorabilia continues to fetch record sums at auction as a collection of 6 game worn shoes just set a new all-time high for game worn sneakers.
Known as the “The Dynasty Collection,” the set of six individual Air Jordan sneakers includes: an Air Jordan VI (1991), Air Jordan VII (1992), Air Jordan VIII (1993), Air Jordan XI (1996), Air Jordan XII (1997), and Air Jordan XIV (1998) worn by MJ himself during the NBA Finals.
Famed auction house Sotheby’s, which brokered the sale, estimated the collection would fetch between $7-10M on the secondary market, with the winning bid finishing at $8,032,800.
Each pair of shoes was signed and gifted to Bulls public relations executive Tim Hallam following Chicago’s 6 championships in the 90’s. Hallam would eventually sell the set to a “private collector” who put the lot up for sale via Sotheby’s. The auction house would describe the sneakers as “the most valuable and significant collection of Air Jordan sneakers ever brought to market.”
The $8M price tag is the 2nd most expensive sale of Jordan related memorabilia on record, trailing only the $10.1M sale of a game worn 1998 NBA Finals game worn jersey sold a few years prior.
“Today’s record-breaking price is a testament to the GOAT. The Dynasty Collection undeniably ranks among the most significant compilations of sports memorabilia in history,” Brahm Wachter, Sotheby’s Head of Modern Collectables, said following the conclusion of the auction. “Serving as both a reminder of Michael Jordan’s lasting impact on the world and a tangible expression of his recognized legendary status, its significance is further validated by this monumental result. A truly unparalleled moment and milestone in auction history, the sale of these six championship-clinching sneakers will likely never be replicated.”
Prior to hitting the auction block, the set went on a tour across the world, including stops in Hong Kong, Singapore, and Dubai where they were put on display for basketball fans across the globe.
The winning bidder has chosen to remain anonymous for the time being.
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