Michael Jordan signed, game-worn sneakers from rookie season could fetch $600K
The sports memorabilia market continues to operate at a fever pitch, and the upcoming auction of a pair of sneakers Michael Jordan wore during his rookie season will surely keep things running at a frenetic pace.
Goldin Auctions recently announced the auction of a pair of Jordan 1s worn by Jordan during his first NBA campaign during the 1984-85 season. Ken Goldin of the famed auction house retweeted a TMZ report in which it’s estimated that the sneakers could fetch upwards of $600,000.
Michael Jordan's Ultra-Rare, Signed AJ1's For Auction, Could Sell For $600K https://t.co/kPPyVqcjlM via @TMZ— Ken Goldin (@GoldinSports) August 4, 2020
Should the sneakers sell for that absurd amount, it would eclipse how a similar pair of AJ1’s recently sold for $560,000. It appears such a sale could be weell on its way, as there already is a bid for $122,000 on the Goldin Auctions site for this new set of signed kicks.
The reason for the increased expected auction value for Jordan’s signed, game-worn sneakers from his rookie season stems from two factors. First, the shoes were signed on-camera by Jordan during a television interview with longtime L.A. reporter Rick Lozano.
Secondly, “The Last Dance” — the 10-part ESPN docuseries that chronicled Jordan’s career and his final season with the Bulls that turned into a pop culture phenomenon — has generated a renewed appetite for His Airness-related memorabilia. In fact, a ticket stub from Jordan’s debut with the Chicago Bulls in 1984 yielded a $24,907 winning bid at a recent auction.
The rabid interest in sports memorabilia on the auction market is not limited to Jordan, either. An extremely limited edition LeBron James rookie card recently set an auction record for a modern-day card when it fetched a stupefying $1.8 million.
As Jordan’s autographed game-worn rookie sneakers are concerned, the auction closes on Aug. 22, meaning there’s more than two weeks for bids to reach well over a half-million dollars, if not more.