Major Facts, Data, and Historical Details of the Air Jordan 1 Brand.
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05 Jun 2023 06:31:08 am.
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There is history and factual data that drive people's fascination with the iconic brand. Sometimes, it is hard to comprehend how all this fits together. Yet in the Air Jordan 1, you find true sporting excellence with these past and present facts.
- Air Jordan is a line of basketball shoes and athletic apparel are designed and produced by Nike, Inc. The first Air Jordan 1 shoe was designed for Hall of Fame former Chicago Bulls basketball player Michael Jordan during 1984 season. However, the Air Jordans were officially released to the public on April 1, 1985.
- Air Jordan 1 High tends to hold its value well with likelihood of increases in price. Their rarity, appeal, demand, and high sales are a testament to the shoes' popularity in contemporary sneaker designs.
- All Air Jordans are a result of premium leather and high-quality manufacturing. The shoes have a warranty well above the standard Jordan 1's $170 USD price. They are released in limited editions pair quantities making low access drive their high resale premiums.
- The introduction of the Air Jordan 1 line in the now iconic red, white, and black set their path for greatness. These are the first lines of Air Jordan 1s ever worn by Michael Jordan at a Madison Square Garden pre-season game in 1985. Michael Jordan officially debuted the Air Jordan 1s at Madison Square Garden in 1985.
- Air Jordan 1s are among the rarest and most valuable sneaker collections globally. They have reset auction figures in some of the biggest auction houses around the world. The Air Jordan 1 black and gold's estimated retail price is $25,000 (USD), as and when available. The figure can go up.
- Today, they are the most sought-after sports shoes from any major sneaker brand in the world. Air Jordans are believed to contribute massively to the overall revenue of Nikes global revenues and sales. Some estimate that figure at about 15 - 20% of Nikes revenues from sports shoes sales and products.
- Nike has paid Michael Jordan an estimated total of over 1.5 billion dollars spanning nearly four decades. The Air Jordan brand among the most highly successful and highly valued brand totaled at $ 10 billion USD.
Some Basic and Standard Questions on the Air Jordan 1 Brand.
Does Michael Jordan Have Rights to the Air Jordan 1 Brand?
As a brand developed to create into what would become one of the greatest basketball players of all time, Air Jordan 1s are a copyright property of Nike inc. However, as an agreement was reached to share revenues from sales of the products, Michael Jordan is paid 5% of all earnings on the Jordan brand.
What is the Strongest Selling Air Jordan 1’s in the Market?
The Jordan 1 ‘Chicago’ in the original Chicago Bulls colors tops most sales. The Air Jordan 1 Retro Chicago is sought after by most shoe collectors and lovers.
With that said, the icon and legend of the Air Jordan 1 rages on, with significant revenues year after year as pointers to this legend. Whether Air Jordan 1 low, mid or high shoes you are in step with legendary classical in sports shoe design.
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