One of the major cons to Air Jordans is the limited releases. It seems what Drake touches turns to gold, and these will set you back around $7,000 if youre lucky enough to find a pair. These shoes were both sold in limited releases, so why did Jordans become so much more expensive? Compared to other brands, Nikes Air Jordans are some of the best quality and well made sneakers on the market. Off-White x Nike Air Jordan 1 Chicago, 12. As mentioned above, Nike gave Drake and a select few of his inner circle exclusive samples from the OVO collection. the range of assistive technology is wide and varied. Average Resell Price: $2,727 These days, a pair of Air Jordans costs around the $200 to $225 range. Editors Notes: Spike Lee, like many collaborators on this list, has a longstanding relationship with Jordan Brand, even featuring in early advertisements alongside Michael Jordan. Since their original release, Nike and Air Jordan has totally revolutionized the sneaker industry and changed the way people see sneakers. Air Jordan 1s is expensive because they are not just a sneaker. The first "Air Jordan" sneaker was. 12 Best Sneaker Brands in 2023 (Running Shoes, Luxury Shoes, Casual Shoes). Nike Zoom Mercurial Vapor 15 Elite FG. The black shoes have red, blue, and gold details and a number 84, referencing the original cartoon. on this Website, please contact us at [email protected], +49 (0)30 235 908 500. Do you know? They have a rich history, rich legacy, and their impact on pop culture, the sports industry, and the sneaker world. Average Resell Price: $1,686 . The soles are fully translucent, and they created a bidding war when they were released to the public in 2015. The global sneaker resale market is currently worth at least $2 billion, a recent analysis by Cowen & Co. estimated. (Reuters) -The U.S. Air Force plans to buy 26 Boeing Co E-7A airborne early warning and control (AEW&C) planes to replace its ageing fleet of E-3s, the Department of the Air . Air Jordan 1 Chicago Shattered Backboard 1. The average resell price of these shoes are $4,825. address for this purpose at any time without incurring any costs other than the transmission costs according Surprisingly Normal, Sorry, Gen Z: Skinny Jeans Are Officially Back, to become beloved in hip-hop, skateboarding, and fashion. Titelmedia strives to ensure that its Website services and content are accessible Jordan was the NBA's highest-paid player only two seasons during his 15-year playing career. Editors Notes: Part of the same Legends of Summer tour exclusive Air Jordan 1s created specially for Justin Timberlake and JAY-Z. Narrator: The brand is pulling in customers like the old days, and according to Parker, Jordan 1s are more coveted than ever. Only ten of them were ever made, making them extremely hard to find and very expensive. Release Date: July 12, 2017 So now you're actually making a statement by wearing a basketball shoe, which wasn't necessarily the purpose of wearing a basketball shoe off-court. A Sail base gave way to University of Miami-inspired blue and green leather overlays, as well as a debossed Solefly logo on the heel. Please be aware that our efforts to maintain accessibility and usability are ongoing. According to Forbes, Jordan is estimated to be worth $1.6 billion as of March 2021. Powell: The secret sauce for Jordan over the years has always been unrequited demand, never having enough shoes to satisfy the market, which made the kid come back on the next release and hope that he would get a pair. The value of this shoe comes from the fact that Jordan was one of the very few basketball stars to earn an Olympic Gold Medal. Since these collaborations are hard to get your hands on, it has created a lot of hype around the sneakers. The average resell price of these sneakers are $872. In 2013, Adidas released new technology, signed Kanye West, and started making big gains. Thanks for watching! The cost of these shoes is a jaw-dropping $ 30,000. Nikes Air Jordans are often bought and resold, however they are not the only brand that has dealt with this. Average Resell Price: $6,400 How much money do Air Jordans make for Nike, and does Michael Jordan still make money from the shoe brand? Number six on our list is a bit of a mystery. It's an iconic sneaker that changed the footwear and sports industries, then transcended its roots to become beloved in hip-hop, skateboarding, and fashion. Actually, this is what they were sold for at auction, so perhaps you may want to add some padding to that $60k price tag so that you can bid on this shoe that will surely continue to increase in value. The shoe became synonymous with basketball and hip-hop style and is still a top sneaker today. The company had been using a logo similar to Jordan's Air Jordan logo, and the symbols used spell out his name in Chinese Qiaodan Sports. In 2011, the Jordan brand wanted UK artist Dave White to design 23 pairs of Jordan 1s for auctioning them for charity. Average Resell Price: $3,619 Other notable Jordan All-Star game memorabilia pieces have also smashed records. 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. Powell: You really saw the Jordan brand become a luxury brand in the United States. Here are the five most expensive Jordans to sell at auction: 5. KD15. And are they worth it!? Virgil Ablohs signature deconstructed look and the Carolina blue and white colorway perfectly represented Off White collaboration. Scroll through our ranking of the 20 most valuable Nike Air Jordan 1s to find out for yourself. While these shoes werent the first or even the last time Nike came out with Jordans in college colors, these are the most expensive. The Air Jordan 3 became a crucial crossroads for Jordan and Nike. Air Jordan 6 Retro Cool Grey CT8529-100 IN HANDS SHIPS NOW. Announcer: On September 15, Nike created a revolutionary new basketball shoe. The issue with limited releases is that it makes it hard for those that actually want to wear the shoe, to get the shoe they want. The bands Attention Attention album cover artwork is embossed on the lateral heel. 17. Cohen: He was a very marketable figure, with a great smile and a big hoop earring, and people wanted to look like him. The 11 Retro Premium Derek Jeter Jordans were designed to commemorate Jeters retirement from the New York Yankees. 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. And they've been able to connect to a new generation, tapping Travis Scott, Virgil Abloh, and more to offer their takes on the historic designs. Released in 1985, they were one of the only pairs to be made in leather and patent leather at that. The story behind this shoe is an interesting one. Solefly x Nike Air Jordan 1 Art Basel, 16. Michael Jordan Game Worn Air Jordan 1s, Until May 2020, the Air Jordan 12 Flu Game sneakers were the Jordans with the highest price tag. Jordan marketed its sneakers as a luxury product, to match MJ's talent and style, and in the process created a cultural phenomenon, bringing sports apparel into the mainstream. Find many great new & used options and get the best deals for William Henry Geneva WME 1/500 Money Clip Ruby at the best online prices at eBay! They are also the most expensive Nike shoe ever, beating out another famous rapper shoe collaboration with Nike. In collectors eyes, this makes them an important piece of sports history and really drives up the price. The product is made of the highest quality materials, and this is often associated with style and personal preference. If you can get a pair of Air Jordans at retail prices, then you are getting a sneaker that is a good value. Thank you. Make Money Cool Grey at the best online prices at eBay! Air Jordan 11 Retro Premium Derek Jeter, The Best Websites to Buy Air Jordans Online, Kanye Wests Nike Air Yeezy 1 Prototypes which sold for $1.8 million, a pair of 1984 Nike Air Ships (not Air Jordan brand) that became the first shoes to ever break the $1 million mark at an auction, The 17 Most Expensive Whiskeys In The World. If you want to snag a pair, they average at around $10,000. Again, these very highly limited and only available in Miami during Art Basel. Retro prices jumped too. The reason this particular pair of Air Jordans is so valuable should be obvious due to its age, status as the OG, and the unparalleled heritage it spawned nearly 30 years ago. Jordan Brand President Larry Miller admitted that the brand had released too many shoes and needed to figure out how to connect to young consumers again. Cohen: This happens with every sneaker brand. Nike Air Jordan 1 Brooklyn Nets City Edition, 13. Another interesting fact about Michael Jordan, if you are unaware, is his one foot is 0.5 inches longer than the other. The red color makes them stand out, and the fact that they were worn by the legendary Justin Timberlake makes them even more special. Average Resell Price: $973 The price tag on these has reached as high as $14,000 but has settled around $7,700. Nike has collaborations with rapper Eminem, Drake and Travis Scott. RELATED: Air Jordan 12 'Light Aqua" To Be Available For Women And Girls. Back then, he was known for innovating Nike's Air Max technology. Can You Mix Nike and Adidas Is Mixing Brands Okay. However, Nike and Adidas keep doing limited releases as it builds hype around their products. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories. Jordan fives usually always sell for a lot, as one of the most popular sneakers of the 21st century. Don't donate them for Christ's sake. The shoes are so expensive because theyre rare. Its no wonder that when a collector put a sample pair up for auction on eBay, they wound up going for $11,267. When you're What to Wear Men is a fashion and lifestyle blog sharing tips and tricks to help men look their best! The collaboration resulted in a limited run of ten shoes. The sportswear giant has paid him an estimated $1.3 billion by Forbes ' count since it signed its. With the release of his album. Only five of these shoes were ever produced, making them incredibly rare and very expensive. The black and metallic gold version of this shoe is the rarest and subsequently the most expensive one in the lineup. Air Jordans are iconic shoes that are very much worth the price. A fresh take on sports: the biggest news and most entertaining lists. Editors Notes: Fresh off of his Air Jordan 2 collaboration, Don C of Just Don got back to work with Nike on a Black History Month-themed Nike Air Jordan 1. http://mikethecompass.net/MERCH: https://asneaker. These shoes were samples from Drakes collaboration with Nike and were only given to Drake and his inner circle. There are about 60 signature Air Jordan 1s, and we will let you know the five most expensive Jordan 1s of all time. And how many non-signature Jordan 1s come out each year? 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. Nike Air Jordan 1 Legends of Summer Red, 2. His net worth rose by $300 million. The brand ramped up offerings for female customers, and its Concord 11 Retro release was its most successful shoe introduction ever, according to Parker. Given the historical significance of the shoes 28-year history, it would have been nice if the original owners had paid more attention to the overall care and preservation of this shoe. Nike Air Jordan 1 Legends of Summer Red Glitter, 1. When you put on a pair of Air Jordans, everyone recognizes the shoe. The shoes are a bright blue colorway and feature a hanging tag that states, We the best. The average resale is over $8,000. Air Jordans are worth the price because they are comfortable, stylish and legendary shoes. 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