Jordan Tag

Sotheby’s has broken an auction world record with its latest sports memorabilia sale. The auction house said Tuesday it sold the Michael Jordan 1998 NBA Finals Game 2 Air Jordan 13s for $2.2 million at auction, making them the best publicly recorded price for a pair of sneakers. The sneakers’ price fell throughout the $2 million to $4 million estimate Sotheby’s originally placed on the item. “Today’s record-breaking result further proves that the demand for Michael Jordan sports memorabilia continues to outperform and transcend all expectations,” said Brahm Wachter, Sotheby’s head of streetwear and modern collectibles. “Sotheby’s is incredibly proud to carry the world record for most precious game-worn sports memorabilia at auction and the most precious sneakers ever sold, each of...