Chum's Killer Deal for *$1,000,000* NIKE SNEAKERS | Pawn Stars (Season 7) | History (2023)

FAQs

What is the most expensive Nike sale? ›

A pair of Michael Jordan's shoes have become the most valuable sneakers ever to be sold at auction. Sotheby's says the Nike Air Jordan 13 sneakers sold for a record $2.2 million on Tuesday.

Solid Gold Ovo Air Jordan — $2 Million

In 2016, Drake, a world-renowned hip-hop artist, spent $2 million on a pair of Nike Solid Gold Ovo X Air Jordans — the most expensive Nike shoes ever sold.

The best selling shoes ever made by Nike are the Air Force 1, approximately 10 million pairs are sold around the world in a year.

The Passion Diamond Shoes are made with two 15-carat D-grade diamonds and 238 diamonds, with a hefty $17 million price tag. And if you want to go even bigger, why not try the Moon Star Shoes? Crafted from pure gold, 30 carats of diamonds, and a 1576 meteorite, these shoes will set you back $19.9 million.

LeBron James (Nike)

Contract Details: An original 7-year, $90 million deal, with a new, reported $10 million annually in 2010. In a nearly unprecedented move at the time, Nike handed $90 million to LeBron James before he was even selected in the NBA draft back in 2003.

A pair of Jordan's Nike Air Ships worn during his rookie season in 1984 were auctioned off for $1.47 million in October 2021. They were the second-most expensive shoes of all-time and the most expensive game-worn shoes until the sale of the Jordan XIIIs.

Most valuable sneakers sold at auctions worldwide 2023

In April 2023, auction house Sotheby's sold a pair of Nike Air Jordan 13, worn and signed by Michael Jordan, for 2.2 million U.S. dollars, making them the most expensive sneakers and one the most valuable Michael Jordan items sold at auctions to date.

A Brief History of the Louis Vuitton Air Force 1

Men's artistic director Virgil Abloh designed 47 bespoke pairs of LV Air Force 1s for the collection.

First up is the Air Jordan 1 Retro High OG Patent Bred, followed by Nike's Dunk Low Jackie Robinson, the New Balance 550 White Grey, Nike Dunk Low Racer Blue and the A Ma Maniére x Air Jordan 4.

Who has the biggest shoe collection? ›

Jordan Michael Geller (born 1977) is an American sneaker collector who founded and operated the ShoeZeum, the world's first sneaker museum. In 2012, Geller was certified by Guinness World Records for having the largest sneaker collection in the world, at 2,388 pairs.

4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.

Over 2,000 versions of the Nike Air Force 1 have been released since the sneaker, arguably the world's most popular, came out in 1982.

The AJ 1 is arguably the shoe that really sparked the market for sneakers with Nike's unique story-telling approach and various collaborations. The Air Jordan 1 is a crucial part of sneaker history, and 38 years later still remains one of the most-coveted kicks of all time.

Nizam Sikandar Jah's Shoes – $160,000

Gold thread is used to embroider the entire shoe, which is covered in countless rubies, emeralds, diamonds, and other expensive gemstones. The $160,000 pair of shoes belonged to a Toronto-based museum but were taken.

International Space Station: $150 Billion

The most expensive thing in the world is related to the Universe and it is the International Space Station. The amount which has gone towards its existence in terms of building and designing is $150 billion.

NEW YORK (WABC) -- A pair of Air Jordan's reached new heights Tuesday, breaking the record for the most expensive sneaker ever sold. The sneakers worn by Michael Jordan in the 1998 NBA Finals were auctioned at Sotheby's and sold for $2.2 million.

Topping the list is Cristiano Ronaldo, who made an estimated $136 million over the last 12 months as he jumped from England's Premier League to Saudi Arabian soccer club Al Nassr.

PHOENIX (AP) — Kevin Durant and Nike have agreed to a lifetime contract, making him just the third NBA player to receive such a deal, joining Michael Jordan and LeBron James. The 13-time All-Star has a relationship with Nike that dates back to 2007, releasing 15 different sets of shoes.

Who are the wealthiest athletes in the world? ›

Table showing the world's highest-paid athletes from May 1, 2022, to May 1, 2023. Christiano Ronaldo is the highest-paid athlete at $136 million in that time period, followed by Lionel Messi and Kylian Mbappé.

Stuart Weitzman 'Marilyn Monroe' Shoe, $1 million.

Earlier this week, a pair of Nike Air Jordan 13s worn by Michael Jordan himself sold for $2.2 million at Sotheby's, flying by the previous record set in 2021 by a pair of Nike Air Ships also worn by Jordan in 1984, just a few games into his rookie season.

Featured in the 1989 movie Back To The Future Part II, Nike Air Mag are the most expensive shoes on our list. What's unique? The sole of the shoes has sensors that get activated by weight to help the shoe in lacing by itself. You read that right!

Nike's rare Louis Vuitton Air Force 1 shoes sold for as much as $350,000. A size 5 commanded the highest price of all 200 pairs auctioned. The auction for Nike's first Louis Vuitton Air Force 1s has closed with the highest-selling pair fetching an eye-whopping $352,800.

Priced at $2,750 USD for lows and $3,450 USD for mids, Drop 1 of the Louis Vuitton x Nike Air Force 1 retail collection will be available in sizes US3. 5 to US18 via Louis Vuitton's website July 19.

What is the price range for the Louis Vuitton and Nike “Air Force 1” sneakers? Prices for the collection range from $2,750 to $3,450.

Since 1990, the presidential fleet has consisted of two highly customized Boeing 747-200B (VC-25A) aircraft. The USAF has ordered two Boeing 747-8s to serve as the next presidential aircraft, with designation VC-25B.

What is the most sold shoe in America? ›

Sneakers are the most popular type of shoe in the US.

The Nike Air Force 1 is the most popular sneaker.

With footwear sales of $29 billion in the fiscal year ended May 31, 2022 (plus $2 billion from Converse), Nike is the clear number 1 in the global sneakers market.

1. Nike. Nike is the epitome of all sneakers — coinciding with the American running craze in the 70s, the iconic American brand was founded by Phil Knight in 1964 in Oregon, US.

1 - Nike ($28 Billion)

As expected Nike takes the top spot on the list as the shoe company with the most generated revenue.

When protestors stormed Malacanang Palace, it was famously discovered that more than 2,700 pairs of shoes had been left behind in Imelda's wardrobe. She was later quoted as saying: "They went into my closets looking for skeletons, but thank God, all they found were shoes, beautiful shoes."

This is an important factor to consider when comparing the two brands, as it shows that Nike is the more successful and preferred brand. Nike's global brand value in 2021 is approximately 34.8 billion U.S. dollars, while Adidas' brand value amounts to 16.5 billion U.S. dollars.

The Jordan brand is owned by Nike (owned by the Knight family), as, at the time, the company was building its strategy to work with athletes to launch shows that could inspire consumers.

Nike: The Winged Goddess of Victory.

The Nike Cortez was created by Bill Bowerman and Phil Knight. The men first met in 1957: Bowerman was the track and field coach at the University of Oregon, and Knight competed on Bowerman's team.

The earliest known shoes are sagebrush bark sandals dating from approximately 7000 or 8000 BC, found in the Fort Rock Cave in the US state of Oregon in 1938.

Who wore the first shoe? ›

During the Kassite period (c. 1600–1200 bce) in Mesopotamia, soft shoes were introduced by mountain people on the border of Iran who ruled Babylonia during that time. This first type of shoe was a simple wraparound of leather, with the basic construction of a moccasin, held together on the foot with rawhide lacings.

Michael Jordan's deal with Nike was a whopping $60 million annually. He still continues to earn his endorsement money to this day. As we look back at some of these athletes, we think of the significant accomplishments they have gained over the years. We see the reason why Nike pays them the big bucks.

increased 14 percent to $12.4 billion compared to the prior year and were up 19 percent on a currency-neutral basis. Revenues for the NIKE Brand were $11.8 billion, up 14 percent on a reported basis and up 19 percent on a currency-neutral basis, with double-digit growth in North America, EMEA and APLA.

Since 2017, Nike's direct sales increased 106% to $18.7 billion, according to its last annual report. In that same time period, wholesale increased 11% to $25.6 billion.

The Oregon-based shoe company paid MJ a flat fee of $500,000 per year for five years. Nike then projected the Air Jordan 1 to generate $3 million over four years. Instead, the first installment of the Air Jordan made more than $130 million during its first year in the market.

What demographic buys the most Nike products? Consumers between the ages of 15-40 buy the most Nike products, including sneakers, apparel, and sporting goods.

Knight is the founder and largest shareholder of Nike, the world's biggest maker of athletic shoes and sports apparel. The Beaverton, Oregon-based company operates more than 1,100 stores and had revenue of $46.7 billion in the year to May 2022. The business's range of brands includes Converse and Jordan.

When Jordan signed his deal in 1984, not only did he agree to $500,000 per year, but also had royalties mentioned in his contract. Michael Jordan does not earn a fixed amount from Nike, but rather gets a 5% royalty on Jordan Brand earnings. This has helped him amass a net worth of $2 Billion(via Forbes).

Nike dominates the global sneaker market with a 65.9% market share, while Adidas has a 14.7% market share.

Which is better Nike or Adidas? ›

Nike is typically considered more popular than Adidas. Nike has established itself as a global brand and household name, with a strong presence in sportswear and a reputation for quality products.

1. Nike Incorporation. Nike Incorporation is a multinational corporation that designs, develops, and markets athletic footwear, apparel, and accessories.

The rest is history, as James represented Nike at every turn of his historic career - from Cleveland to Miami, back to Cleveland, and now in Los Angeles. In 2015, their partnership came full circle as James signed a historic lifetime contract with Nike worth approximately $1 billion.

Air Jordan is a line of basketball shoes produced by Nike, Inc. Related apparel and accessories are marketed under Jordan Brand.