Why Are Jordan 1s So Expensive?

What is the most expensive Air Jordan?

Here are the most expensive Air Jordans ever sold:Air Jordan 12 ( Flu Game ) $104,000.Air Jordan 10 OVO ( Drake Collection ) $100,000.

Air Jordan Silver Shoe ( Autographed ) $60,000.

Air Jordan 2 OG $31,000.

Air Jordan 4 Eminem X Carhartt $30,100.

Air Jordan 1 ( Black and Gold ) $25,000.

Air Jordan 1 ( ASG ) $21,780.

More items…•.

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.

How much are 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.

Why is the Jordan 1 Banned?

In fact, it was the Jordan 1 precursor — the Nike Air Ship — that was banned because of the color scheme “His Airness” wore. Though the sneaker’s silhouette was strikingly similar to that of its successor, the Air Ship was a pre-existing model.

Is Nike a luxury brand?

German-based Nike ranked as number one as the most valuable apparel brand and improved its valuation by 5%. … On the luxury brands category, the top 3 brands are Louis Vuitton, Chanel and Hermès, with estimated value of, respectively, 51 777 million US dollars, 36 120 million US dollars and 33 008 million US dollars.

Why did Jordan choose 45?

Jordan talked about why he wore No. 45 when he returned in the spring of 1995 in Episode 8 of “The Last Dance.” “I didn’t want to wear 23 because I knew my father wasn’t there to watch me, and I felt it was a new beginning and 45 was my first number when I was playing in high school,” Jordan said.

What is Michael Jordan’s favorite Jordans?

His favorite shoes: Jordan 11s, Jordan 3s, followed by the 12s or 13s. His most memorable dunk: He still reminds Patrick Ewing of this dunk.

How much did Jordans cost in 1985?

The Air Ships were. The first Air Jordan shoes hit retail in March 1985 for $65 a pair. By May, the company had sold $70 million worth.

How much are original Jordans worth?

The Air Jordan 1s, designed for Jordan in 1985 and the first ever signature sneakers, were expected to sell for between $100,000 and $150,000 in the auction.

How much do Jordan 1s cost to make?

It’s said that the total cost to make an Air Jordan 1 sneaker is $16.25!! It costs $10.75 for materials, $2.43 for labor, overhead is $2.10, and factory profit is at $0.97. Today’s retail price for the Air Jordan 1 is around $125-$140, so that leaves a profit margin around $108.75 to $123.75!

Are Jordan shoes worth the money?

To summarize: yes — Jordans are definitely worth it. Even the handful of more mass-produced pairs offer up similar leathers; and if you pick up a Triple White Jordan 1 Mid or a Bred Jordan Zoom 92, then you’ll be able to secure an everyday pair you can easily wear for a solid amount of time.

What is the cheapest pair of Jordans?

Take a look at 10 of the most affordable OG Air Jordan colorways below.Air Jordan 3 ‘Fire Red’ (2007) … Air Jordan 4 ‘Military’ (2006) … Air Jordan 5 ‘Grape’ (2006) … Air Jordan 6 ‘Black Infrared’ (2019) … Air Jordan 7 ‘Hare’ (2015) … Air Jordan 10 ‘Orlando’ (2018) … Air Jordan 11 ‘Concord’ (2018) … Air Jordan 14 ‘Last Shot’ (2018)More items…•

What are the rarest Jordans?

8 Rarest Air Jordans in the WorldAir Jordan I High Strap Just Don BHM.Air Jordan I x Just Don BHM Pack.Air Jordan XI 25th Anniversary with Jumpman.Air Jordan VIII Retro PE – Ray Allen.Air Jordan VIII Retro PE – Q-Rich.Air Jordan I x Dave White – “Wings for the Future”Air Jordan IV Retro x Carhartt x Eminem.Air Jordan X Special “Grimm” Edition.

What is the rarest Jordan 1?

Scroll through our ranking of the 20 most valuable Nike Air Jordan 1s to find out for yourself.Solefly x Nike Air Jordan 1 “Art Basel”Nike Air Jordan 1 “Quai54 F&F” … Nike Air Jordan 1 “Banned” 2011. … Nike Air Jordan 1 “Igloo” … Travis Scott x Nike Air Jordan 1 “Reverse Swoosh” … Off-White™ Nike Air Jordan 1 “UNC” … More items…•

Why are Jordans so special?

Air Jordans are popular because of the strong brand name, Michael Jordan’s cultural impact, and the status associated with wearing them. It is the most significant brand in sports and is well known for it’s design, innovation and performance.