Ending Soon! Save 33% on All Access

Michael Jordan's Autographed Air Jordans From the 1998 NBA Finals Just Sold for $2.2 Million at Auction The story of Michael Jordan's iconic deal with Nike is currently being depicted on-screen in the movie "Air."

By Sam Silverman

Opinions expressed by Entrepreneur contributors are their own.

TIMOTHY A. CLARY | AFP | Getty Images
Michael Jordans 1998 NBA Finals Air Jordan XIIIs sneakers are displayed during a press preview in New York on April 6, 2023 at Sothebys for auction.

Bidders went wild for the kicks Michael Jordan sported while repping the Chicago Bulls at the 1998 NBA finals.

The black-and-red Nike Air Jordan XIII sneakers, which Jordan wore during Game 2 against the Utah Jazz in his "Last Dance" season with the Bulls, went up for auction on April 3 and sold for $2,238,000 on April 11, according to Sotheby's.

Featuring Jordan's signature in silver ink on the toe of each shoe, the sneakers are in "immaculate condition," according to the auction house. Additionally, the shoes are the only complete pair of sneakers Jordan wore from any of his six NBA Finals to be photo matched and authenticated by MeiGray Group, the official authenticator of the NBA.

RELATED: Billionaire Michael Jordan Donates Record-Breaking $10 Million to Make-A-Wish Foundation

Jordan wore the sneakers when the Chicago Bulls beat the Utah Jazz with a score of 93 to 88. Jordan scored 37 points in the second half alone. According to the auction house, Jordan immediately gave the shoes to an employee in charge of setting up the visitors' locker room — the same person who had found Jordan's lost jacket earlier that day. He allegedly signed the shoes and gave them to the employee after the game as a thank-you.

The sale of the shoes follows several impressive Jordan items that sold at auction, including a jersey that sold for $10.1 million.

RELATED: Michael Jordan's Jersey Breaks Sports Memorabilia Record with $10.1 Million Sale

The auction coincides with the release of the new movie "Air," which is about Jordan's legendary deal with Nike to create his signature shoe.

The deal, which was originally worth $2.5 million, has been lucrative. According to Nike CFO Matt Friend, Jordans generated approximately $5 billion in revenue in fiscal 2022, making it the brand's "biggest year ever, with epic growth potential ahead," he said during an earnings call according to a transcript obtained by Fox Business.

Sam Silverman

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found in The US Sun, Nicki Swift, In Touch Weekly, Life & Style and Health. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.


What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Business News

Scarlett Johansson 'Shocked' That OpenAI Used a Voice 'So Eerily Similar' to Hers After Already Telling the Company 'No'

Johansson asked OpenAI how they created the AI voice that her "closest friends and news outlets could not tell the difference."

Business Ideas

Struggling to Balance Your Business and Your Relationship? This Company Says It Has a Solution.

Jessica Holton, co-founder and CEO of Ours, says her company is on a mission to destigmatize couples therapy so that people can be proactive about relationship health.


Marketing Campaigns Must Do More than Drive Clicks — Here's How to Craft Landing Pages That Convert Clicks into Customers

Following fundamental design principles will ensure that your landing pages lead potential customers from clicking on an ad to completing a purchase.