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Michael Jordan’s sneakers sell for record $1.47m at auction

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A pair of basketball shoes worn by US basketball star Michael Jordan have sold for a record price at a Las Vegas auction

Jordan wore the pair of Nike Air Ships during his rookie season with the Chicago Bulls in 1984.

The shoes were what founded the iconic partnership between Jordan and Nike – now a signature global brand.

The sale also marks the highest price ever paid for game-worn footwear of any sport, easily beating out the previous record of $615,000 paid for a pair of Nike Air Jordan’s in 2020.

The price still falls short of the most expensive sneakers ever sold.

Recent sales are just the beginning of rare shoe market that’s beginning to soar.

In April, rapper Kanye West’s Nike Air Yeezy 1 Prototypes sold for $1.8 million at a private sale.

The record price for sneakers has been broken several times in recent years, and the market is now considered much more niche than ever before, attracting interest from leading collectors as well as the general public.

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