Michael Jordan is one of the greatest NBA basketball players of all time. He also is sponsored by one of the best sneaker lines ever created. Air Jordan have been loved by millions of people ever since the day they first came out. Since Air Jordans like the Air Jordan I are valued by so many people today, they have been able to take the sneaker community by storm, and some of the rare Air Jordans have even sold for thousands of dollars. In 1984, Nike offered Michael Jordan a 2.5 million dollar contract for 5 years. Michael at first did not want to do the deal because all of his childhood he grew up wearing Adidas shoes. Eventually his manager was able to convince him to do the deal. That same year is when the Air Jordan I released. The sneakers …show more content…
The shoes were banned by the NBA regarding shoe restrictions. The NBA fined Michael 5,000 dollars each time he wore a pair in a game. Even though it was a ridiculous amount of money, Nike gladly payed the fine.(Footlocker.com) This also created a bunch of buzz around the shoe. After a couple years of selling the Air Jordan I, Nike earned roughly around 130 million dollars off of sales. (Encyclopedia.com)This was the end to Nike’s slump of designing shoes that no one bought. (Footlocker.com) After the Air Jordan I, Nike had no choice but to continue the series. The Air Jordan II released in 1987 and in a pair of these Michael won his first NBA dunk contest in. The next Air Jordan to release was the Air Jordan III in 1988 and they introduced the Jumpman logo. In these Michael averaged 35 points a …show more content…
Some Air Jordans today can resell around $1,000 but some pairs can even exceed that. For example, the Air Jordan XII “Flu Game” pair that Michael Jordan wore and autographed while he was suffering the flu sold for an astonishing amount of $104,000. Another pair that sold for a ridiculous amount of money was another pair of Air Jordan XIIs. An “OVO’ pair of them was thrown into a crowd by Drake at one of his concerts. This pair sold for around $100,000. These shoes have sold for the price of some really expensive cars and they are just a pair of shoes. But if people are willing to pay that much, they are free to do