Question: Why Are Nike Jordans So Expensive?

Are Jordans 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 most rare Jordan shoe?

Nike Air Jordan 1 HighThe Nike Air Jordan 1 High sneakers, described as the “rarest of the rare”, were used by the Chicago Bulls star in an exhibition game in 1985. In total, Christies sold nine pairs of Jordan’s shoes to celebrate his 14-year career with the team. There is a big market for rare trainers and collectors can pay high prices.

What Jordans are worth money?

Air Jordan V – $10,000. … Air Jordan XVII – $11,267. … Air Jordan 10 OVO – $20,000. … Air Jordan 11 Blackout Edition – $21,780. … Air Jordan I (with autograph) – $25,000. … Air Jordan 2 OG – $31,000. … Air Jordan 5 Retro Transformers Sample – $52,900. … Air Jordan Silver Shoe (with autograph) – $60,000.More items…

What Jordans resell the best?

The Resale Stats: The Nike Air Jordan 1 comes in first place, holding an average resale value up to 1,816%. It may come as no surprise that it’s the Off-White x Nike The Ten: Air Jordan 1 Retro High Sneakers securing the spot as most valuable sneaker in the resale market.

Why should I buy Jordans?

The process of acquiring Jordans makes them the most rewarding shoe to own. … Thus, Jordans aren’t just a shoe. They’re a bridge between the past and the future; they connect generations. They inspire the people who take pleasure in owning the same shoes that a legendary ball-player once wore.

Do Jordans increase in value?

“More than 80 percent of the Jordans in our marketplace have increased in value over the last year, a dozen models have appreciated more than $500, more than a hundred have at least doubled in resale value, and the average top-selling Jordan has seen it’s resale price rise 27 percent.”

Does Michael Jordan have a lifetime contract with Nike?

Michael Jordan’s massive haul in Nike royalties make up 90% of his current annual income and now totals $40 million more than the $90 million combined he made during his 15 years playing for the Chicago Bulls and Washington Wizards.

How much does it cost to make Jordans?

So, to make the Air Jordan XXXI, ship it, and pay Michael, the total comes to about $41.30. The $92.50 wholesale price minus $41.30 leaves Nike a profit of $51.20 or about 55%. This is pretty standard for shoes.

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…•

Which Air Jordans are worth money?

Top 10 Most Expensive Air Jordan Sneakers Ever Sold: Michael Jordan’s Flu Game Shoes Top The ListAir Jordan 12 (Flu Game) – $104,000.Air Jordan 12 OVO – $100,000.Air Jordan Silver Shoe (Autographed) – $60,000.Air Jordan 2 OG – $31,000.Air Jordan I (Autographed) – $25,000.Air Jordan 1 (Black and Gold) – $25,000.More items…

When did Jordan sign with Nike?

1984Legendary basketball player Michael Jordan has made roughly $US1. 3 billion ($2 billion) from his deal with Nike since signing with the brand in 1984, according to Forbes.

What makes Air Jordans so special?

One key reason why Air Jordans are so highly regarded is because it makes people feel special, like when they put them on they’re a part of history. It’s history that they’re documenting. It’s history that you can wear on your feet.

Why are 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.

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 can you tell if Jordan 1s are fake?

The Jumpman size tag The black tag is the real Nike woven label. Inside the shoe, you will see the size label with the Jordan Jumpman logo (above). The fake shoe has the tag welded to the back of the tongue. On the real Jordan 1, the tag is sewn down on the inside.

Can NBA players wear Jordans?

That wasn’t the first time the NBA cracked down, either: back in 1984, the red-and-black colorway of the Jordan 1 was allegedly banned by the league. … Once the new NBA season kicks off in October, players will be allowed to wear whatever color sneakers they like, whenever they like.

Undoubtedly the most significant and best Jordans of all time, the Air Jordan 1 Retro Chicago are a collector’s dream. Last released in 2015, this iconic silhouette has become the staple for street ballers and basketball fans.

Why did Jordan sign with Nike?

Converse and Adidas couldn’t offer Micheal Jordan Meanwhile, Nike, a rising competitive brand of that time had recorded its first quarterly loss at the beginning of 1984. They wanted Jordan to endorse their brand and offered him a massive deal of $500,000 in cash for five years.