Michael Jordan's 'Last Dance' sneakers are going up for auction
Publishing timestamp: 2023-03-14 12:31:46
Summary
Sotheby's is auctioning off Michael Jordan's 1998 NBA Finals Nike Air Jordan 13s, which are expected to be the most expensive pair of sneakers ever sold at auction, estimated to sell for between $2 million and $4 million. The sneakers were worn during Game 2 of the NBA Finals, where Jordan scored 37 points as the Chicago Bulls beat the Utah Jazz 93-88. The sneakers are in immaculate condition and were signed by Jordan after the game and gifted to a ball boy. Sotheby's streetwear and modern collectibles category has become one of the fastest-growing categories at the company, with sales totaling over $48 million in 2020. Bidding on the sneakers begins online on April 3 and goes through April 11.
Sentiment: POSITIVE
Keywords: online auctions, business news, netflix inc, sports, wealth, nike inc, business, retail industry, luxury,
Source: https://www.cnbc.com/2023/03/14/michael-jordans-last-dance-sneakers-up-for-auction.html