Bulls legend Michael Jordan revolutionized the sneaker game for athletes, proves yet again that he’s still ruling the industry
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Air Jordan is unmistakably the most popular personal line of sports merchandise in the world. Unmistakable in the sense that every sports enthusiast from any age group or gender knows and likes Jordans and the fact that it is the brand of one the best athletes in the world.
Popular in the sense that everyone would love to rock a pair of Jordans if they were affordable. Air Jordan is also one of the costliest sports merchandise in the market and rightfully so.
Michael signed with Nike before the start of his rookie year in 1984, by the end of 1985, Air Jordan had generated more than $100 million in revenue. And that is what is at least “His Airness” makes a year off of the Jordan Brand. The Chicago Bulls legend last played basketball in 2003, but still, there is no other basketball player or any athlete for that matter who could compete with his brand. Jordan Brand on its own has been the third most popular shoe brand among NBA players behind only Nike and Adidas, for a decade or so.
A pair of game-worn Michael Jordan Nike Air Ship auctioned for a near $1.5 million
Jordan broke the internet again recently, when a pair worn by the legend in the fifth game of his rookie season with the Chicago Bulls, was sold for a mammoth $1,472,000. These were size 13 Nike Air Ships designed by Bruce Kilgore.
#AuctionUpdate The most valuable sneakers ever offered at auction—Michael Jordan’s regular season game-worn Nike Air Ships from 1984—have just sold at $1,472,000 in our luxury sale in Las Vegas. #SothebysxMGM pic.twitter.com/OlxvZ1ETML
— Sotheby’s (@Sothebys) October 24, 2021
It easily beat the previous auction record held by, obviously, a pair of Nike Air Jordans, which sold for $615,000 in August 2020 at a Christie’s auction.
— Darren Rovell (@darrenrovell) October 24, 2021
In 2013, Jordan branded shoes accounted for $2.5 billion in sales, up from $2.0 billion the previous year. The next four players accounted for just $565 million in shoe sales in 2013, led by LeBron James with $300 million in sales. Jordan is believed to take in about $100 million from his deal with Nike and the Jordan Brand subsidiary.
— ESPN Stats & Info (@ESPNStatsInfo) May 3, 2020
Even after coming to the biggest market, Los Angeles, at the center of everything in the States, LeBron has not overtaken Jordan in shoe sales. Not even after winning a title for the Lakers after 10 years. Thanks to “the last dance” and the timing of its release.
Michael Jordan has made much more money from Air Jordan alone than top athletes make throughout their careers. Air Jordan has made him a billionaire and Nike, a brand that is far away from any of its competitors.