Are Jordans Worth The Money?

How much are original Jordans worth?

Michael Jordon’s game-worn autographed Nike Air Jordan 1S from 1985 sneakers sell for $560,000 at a Sotheby’s auction.

Michael Jordan mania is taking over the auction world, as a pair of Nike Air Jordan 1s sold for $560,000 and became the most expensive sneakers ever sold..

How much is an original pair of Air Jordans worth?

The original first pair of Air Jordan sneakers fetch $672,000 and smash auction records. The1985 Air Jordan 1 Vintage Originals were produced for Jordan in the white, black and red of his Chicago Bulls, and were the colourway he wore most often on court.

Can you wear 10 year old sneakers?

For something like jordan 1s a 10 yr old DS pair to rock casually kept in the right conditions is totally fine 15-20 yrs then they might start to break down but some shoes with the foam midsoles would have far less durability, they might look DS out of the box but if they are 15+ yrs old the first wear could show …

Can you wear old Jordans?

As an adult you can totally wear a pair of Jordan’s… but then you better have the rest of your outfit look pretty tame. No one would fault you showing up to the sports bar to grab a drink in some jeans, a black t-shirt, a nice watch and a pair of red and black Retro 1’s like our dude Jason Sudeikis is doing here.

Does Nike still pay Jordan?

Thanks to his agreement with Nike, Jordan earns a five percent royalty on all of Nike’s gross sales. A little quick math shows Jordan has made $180 million in royalties over the past 12 months. Last year, Jordan made $157 million.

Why are the Jordan 1 Banned?

While Jordan was never seen wearing them in a regular season game, legend has it that every time Jordan stepped foot on the floor in these, the league would charge him a $5,000 fine for going against the so-called “dress code”.

How much are 1985 Jordans worth?

Michael Jordan’s signature 1985 Air Jordan shoes sell for record-breaking price of $560,000. A pair of Michael Jordan’s game-worn shoes from 1985 sold for more than three times the estimated auction price on Sunday, breaking the world auction record for sneakers, according to Sotheby’s.

What Jordans to invest in?

Check the investment Jordan sneakers we found at eBay below.Air Jordan 1 Retro High OG ‘Bred Toe’ $290. … Wmns Air Jordan 1 Low ‘UNC’ $260. … Air Jordan 1 Retro High OG ‘Mocha’ $380. … Air Jordan 5. $405. … Air Jordan 4 Retro. $589. … Air Jordan 3 Retro ‘Mocha’ … Air Jordan 11 Retro ‘Playoffs Bred’ 2019. … Air Jordan 6 Retro ‘Infrared’ 2019.More items…•Mar 14, 2021

Which Air Jordans are worth money?

Solid Gold OVO x Air Jordans. Release Date: 2016. … Air Jordan 1. Release Date: 1985. … Air Jordan 12 “Flu Game” Release Date: 1997. … Air Jordan 10 OVO Drake Collection. Release Date: 2014. … Air Jordan Silver Shoe Autographed. Release Date: 1995. … Air Jordan 2 OG. … Air Jordan 4 Eminem X Carhartt. … Air Jordan 1 Black and Gold.More items…•Nov 28, 2020

Are Jordans overpriced?

Nike Air Jordans are more expensive than the average basketball sneaker. The Jordan 1 Retro Fragment can resell for up to $2,000. Nike makes and markets its iconic sneakers to increase the value of the Jordan brand, which brought sports apparel into the mainstream in the ’90s.

Is Jordan worth more than Nike?

Nike’s market cap of $136 billion is three times the size of Adidas. The Jordan Brand had revenue of $3.1 billion in the fiscal year ending May 2019—only 8% of company revenue—but likely represents a larger chunk of the market value because its 10% growth rate is faster than the company’s overall.

How long do unworn shoes last?

Not only will the shoes begin to feel stiffer, but they won’t last as long as a fresh pair. Most manufacturers recommend using their shoes for about 400-500 miles. Stump says you’ll sometimes only be able to get 200-300 miles out of older unworn shoes without increasing your risk of injury.

How long do Jordan shoes last?

With reasonable luck you should get a decade or two of use out of 5 pairs before they’re too far gone, but you could easily do better or worse depending on how rough or kind you are with your shoes.

Does Nike Own Jordan?

Nike owns Jordan brand but Michael Jordan gets a percentage of the revenue. Michael Jordan signed his deal with Nike in 1984 and while the Jordan brand started as part of Nike as a subsidary, the brand has it’s own identity. … This isn’t the first time Michael Jordan has had a major impact on sports and culture.

Who is the richest athlete in the world?

Michael JordanAll time list (2017)RankNameEarnings Million $1Michael Jordan1,8502Tiger Woods1,7003Arnold Palmer1,4004Jack Nicklaus1,2006 more rows

What are the most sought after Jordans?

The Best Jordans of All TimeAir Jordan 1 Retro Chicago. … Air Jordan 5 Fire Red Retro OG White. … Air Jordan 6 DMP Retro VI Black Metallic Gold. … Air Jordan 3 Retro OG Black Cement. … Nike Air Jordan 1 Pine Green Retro High OG. … Air Jordan 3 UNC Retro White Valor Blue. … Air Jordan 4 Bred Retro IV OG Black Cement Red.More items…•May 12, 2020

How can I tell if my Jordans are fake?

The iconic Jordan ”Jumpman” will be the easiest way to tell if they are fakes. Look for any out of proportion areas on the logo. Also make sure the logo is in the right position, many times fakes will have the Jumpman’s arms or legs slightly different. Also, be sure to check the logo on the tongue of the shoe.

Are Jordans a good investment?

Air Jordans are unique for their immense popularity and staying power even after all these years—which is why they’re a long-term investment as worthy as Hermes Birkins and Rolex watches. … “When it comes to long-term sneaker prices, Jordans tend to appreciate over time,” says Jesse Einhorn, senior economist at StockX.