Popsugar Fashion Celebrity Fashion Michael Jordan's Nike Air Jordan Sneakers Sold at Auction Michael Jordan's Game-Worn Nikes Just Broke Records and Sold For a Whopping $560K 19 May 2020 by Nikita Charuza Image Source: Getty / Focus On Sport Michael Jordan just set a new record, and it's all thanks to a pair of Nikes. The basketball player, who has been in the news for his hit ESPN documentary series The Last Dance, owned a pair of sneakers from 1985 that have sold for a record price during a Sotheby's auction. The red Nike Air Jordan 1 sneakers, which were signed by Jordan in permanent marker, sold for a whopping $560,000. That's about $100,000 more than the previous record holder, which was a pair of 1972 Nike Waffle Racing Flat "Moon Shoes." Sotheby's held the online auction with collector and consignor Jordan Geller, who is the founder of sneaker museum Shoezeum. The auction took place on May 17 and coincided with the airing of the last episode of The Last Dance — that's probably the reason why they sold for that much! The midlength sneakers were designed by Peter Moore and were produced and worn during in 1985. According to WWD, "Bidders ranged in age from 19 to over 50 from four continents, and 70 percent of the bidders were new to Sotheby's. The value reached $300,000 within the final 20 minutes of the start of the sale and eventually sold at more than 3.5 times its $150,000 estimate." Read on to see Jordan wearing the red sneakers back in 1985, and see a close-up of them signed, too. Related: These Pics of Michael Jordan and His Wife, Yvette Prieto, Deserve All the Heart-Eye Emojis The Last Dance: What to Know About Michael Jordan's Relationships Through the Years How Did Michael Jordan Meet Yvette Prieto? They Met in a Surprisingly Relatable Way Image Source: Getty / Focus On Sport 1 / 2 View this post on Instagram Slam Dunk! Michael Jordan’s #GameWorn, #Autographed Nike Air Jordan 1s sold in an online auction today for $560,000, setting a new world auction record for any pair of #sneakers - surpassing the previous auction record of $437,500 set at Sotheby’s in July 2019 by the Nike Waffle Racing Flat ‘Moon Shoe’. One of the most important basketball sneakers of all time made exclusively for the legendary NBA #ChicagoBulls player in 1985, the pair was sold to coincide with the final episode of the popular ESPN documentary ‘The Last Dance’, which spotlights the Chicago Bulls and Michael Jordan. 🏀 #SothebysAirJordans #MichaelJordan #TheLastDance #Nike #AirJordan #Jumpman A post shared by Sotheby's (@sothebys) on May 17, 2020 at 11:10am PDT Michael Jordan's Game-Worn Autographed Nike Air Jordan 1s 2 / 2 Celebrity FashionThe Last DanceBasketballAthletesNostalgiaFashion InstagramsSneakersFashion NewsMichael JordanNike