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☆ Larsa Pippen explains why her 15-year-old daughter has a $2,500 monthly allowance while living with dad Scottie Pippen
▼ + stars: | 2024-03-09 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

She and her ex-husband, Scottie Pippen, give their teen daughter a $2,500 monthly allowance. AdvertisementLarsa Pippen defended her decision to give her 15-year-old daughter a $2,500 monthly allowance. Larsa, 49, shares a daughter, Sophia, and four sons with former NBA star Scottie Pippen. Scottie and Larsa Pippen. Representatives for Larsa Pippen, Scottie Pippen, Marcus Jordan, and Michael Jordan did not immediately respond to Business Insider's request for comment.

Persons: Larsa Pippen, Scottie Pippen, Larsa, —, Sophia, Bravo, Scottie, Andy Cohen, Sophia Pippen, Manny Hernandez, Oscar de la, Bobby Metelus, doesn't, Michael Jordan's, Marcus, swirled, Michael, Marcus Jordan, Michael Jordan Organizations: Housewives, Miami, Service, NBA, Bravo, Fashion Nova Locations: Miami, Los Angeles, LA

☆ Michael Jordan's championship sneakers sold for a record-breaking $8m
▼ + stars: | 2024-02-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

A set of Michael Jordan's championship sneakers was sold for a record-breaking $8m, the BBC reports. The six individual sneakers were all worn by Jordan during the game-clinching NBA finals in the 1990s. During his career, the basketball superstar went to the NBA Finals six times and won each time. The set of winning sneakers include Air Jordan VI (1991), Air Jordan VII (1992), Air Jordan VIII (1993), Air Jordan XI (1996), Air Jordan XII (1997), and Air Jordan XIV (1998). The photos, taken by Bill Smith, were taken after the 1992, 1993, 1996, and 1998 NBA Finals.

Persons: Michael Jordan's, Jordan, Jordan VI, Jordan VII, Air Jordan VIII, Air Jordan XII, Air Jordan XIV, Bill Smith, Brahm Wachter, Matthew Kish, Sotheby's, Michael Jordan, He's Organizations: BBC, NBA, Air, Forbes, of Fame, Jersey, Charlotte Hornets, Business Locations: Dubai

NEW YORK (AP) — A collection of sneakers that superstar Michael Jordan wore as he and the Chicago Bulls won six NBA championships has fetched $8 million at auction, setting a new record for game-worn sneakers, Sotheby's said. The six Air Jordan shoes — one apiece from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 championship series — sold Friday. The auction lot included photos of Jordan wearing a single shoe as he celebrated the 1992, 1993, 1996 and 1998 wins. The pair he wore in the second game of the 1998 NBA Finals was sold through Sotheby's last April for $2.2 million, a record for a pair of sneakers. The highest auction price for any Jordan memorabilia was $10.1 million for his jersey from the first game at that series, according to Sotheby's, which sold it 2022.

Persons: Michael Jordan, Sotheby's, Air Jordan, —, Michael Jordan’s, Wachter, Sotheby’s, ”, Jordan, David Stern Organizations: Chicago Bulls, NBA, Air, longtime Bulls, Jordan, Nike, Bulls, Heritage

☆ How to become a billionaire
▼ + stars: | 2024-01-23 | by ( Henry Blodget | ) www.businessinsider.com time to read: +6 min

But, according to one friendly billionaire, Mark Cuban, there's no downside to being one. But by far the most common way to become a billionaire in the US is to make tons of money. If that were Brady's only income, and he saved all of it, it would still take him 50 years to become a billionaire. Others are shares of partnerships (hedge funds or private-equity funds, for example) or licensing agreements (like billionaire Michael Jordan's deal with Nike). Mark Cuban also recently said that becoming a billionaire is all about luck.

Persons: —, Mark Cuban, year's, Forbes, Tom Brady, Michael Jordan's, Warren Buffett, Berkshire Hathaway, Luck, it's Organizations: Service, Business, year's Forbes, Forbes, NFL, Nike, Berkshire, Microsoft, Oracle, Google, Facebook, Bloomberg, Berkshire Hathaway, Amazon, Walmart Locations: Berkshire, America, Norway, Dell

☆ A comic book you could buy for 12 cents in 1962 is being sold for $44,000 today
▼ + stars: | 2023-12-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

A Canadian comic book store hopes to sell a copy of Marvel's "Amazing Fantasy #15" for $44,300. The comic book was the first-ever issue to feature Spider-Man, and retailed for 12 cents in 1962. AdvertisementA comic book store in Canada is seeking around $44,300 for a 1962 Spider-Man comic book that originally retailed for 12 cents. The "Amazing Fantasy #15" was originally sold in stores for 12 cents, according to its cover. The 1938 comic book was graded with an 8.0 rating, per CGC.

Persons: —, Hunter, Rémi Vienneau LeClair, Vienneau LeClair, they're, Mickey Mantle, YouTuber Logan Paul, Michael Jordan's Organizations: Service, Canadian Broadcasting Corporation, Certified Guaranty Company, CBC, Heritage Locations: Canada

☆ Michael Jordan's big pay day from Hornets sale 'is more about the NBA as a whole': Joe Pompliano
▼ + stars: | 2023-06-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichael Jordan's big pay day from Hornets sale 'is more about the NBA as a whole': Joe PomplianoJoe Pompliano, sports business analyst, joins 'Last Call' to discuss Michael Jordan's decision to sell his majority stake in the Charlotte Hornets.

Persons: Michael Jordan's, Joe Pompliano Joe Pompliano Organizations: Hornets, NBA, Charlotte Hornets

☆ Michael Jordan's 1992 Olympic practice jersey up for auction
▼ + stars: | 2023-06-01 | by ( Jorge Garcia | ) www.reuters.com time to read: +1 min

LOS ANGELES, June 1 (Reuters) - A sweat-stained jersey worn by U.S. basketball legend Michael Jordan in a practice session at the 1992 Olympic Games will hit the auction block in Los Angeles in June, estimated to sell at between $400,000 and $600,000. The white jersey with red, white and blue trim and 'USA Basketball' on the front is signed by Jordan and will be auctioned as part of a "Sports Legends" collection of sports memorabilia and collectibles June 23-25. All of the proceeds from the auctioned Jordan collection will be donated to benefit a center for women and children's health in Nairobi, Kenya, said Julien's Gallery Director Kody Frederick. Other lots being offered at auction include a grass-stained soccer jersey worn by Brazil soccer legend Pele in 1971 and items from basketball star Kobe Bryant, boxer Floyd Mayweather, soccer star Diego Maradona, baseball legend Babe Ruth and tennis star Rafael Nadal. Reporting by Jorge Garcia, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Michael Jordan, Jordan, Larry Bird, Magic Johnson, Kody Frederick, Pele, Kobe Bryant, Floyd Mayweather, Diego Maradona, Babe Ruth, Rafael Nadal, Jorge Garcia, Rosalba O'Brien Organizations: U.S, NBA, Thomson Locations: ANGELES, U.S, Los Angeles, Barcelona, Nairobi, Kenya, Brazil

☆ Michael Jordan's Chicago mansion has been on the market for 10 years. See inside — and why he can't sell it
▼ + stars: | 2023-05-24 | by ( Cork Gaines | Rachel Askinasi | ) www.businessinsider.com time to read: +1 min

Michael Jordan's Chicago-area mansion is still on the market after 10 years. He's cut the price nearly in half and tried various ways to sweeten the deal — like Air Jordans. The house was recently back in the news when an 18-year-old and a juvenile were arrested and accused of trespassing and causing damage to Jordan's abandoned mansion. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Jordan has tried to sweeten the pot by cutting the price nearly in half and throwing in a complete set of Air Jordans with the purchase of the house.

Persons: Michael Jordan's, He's, Jordan, Tony Manfred Organizations: Service Locations: Michael Jordan's Chicago, Wall, Silicon

☆ Take a tour of Michael Jordan's Chicago mansion that's been on the market for 10 years and see why he can't sell it
▼ + stars: | 2023-05-13 | by ( Cork Gaines | Rachel Askinasi | ) www.businessinsider.com time to read: +1 min

Michael Jordan's enormous house in the Chicago suburbs is still on the market after 10 years. He's cut the price nearly in half and tried various ways to sweeten the deal — like Air Jordans. The house was recently back in the news when an 18-year-old and a juvenile were arrested and accused of trespassing and causing damage. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyMichael Jordan's enormous house in Chicago is still on the market after 10 years. Jordan has tried to sweeten the pot by cutting the price nearly in half and throwing in a complete set of Air Jordans with the purchase of the house.

☆ Michael Jordan's 'Last Dance' shoes just became the most expensive sneakers ever sold
▼ + stars: | 2023-04-11 | by ( Jessica Golden | ) www.cnbc.com time to read: 1 min

Michael Jordan's 1998 NBA Finals Game 2 Air Jordan 13s from 'The Last Dance' season were expected to sell for $2million to $4 million. A pair of Michael Jordan's shoes have become the most valuable sneakers ever to be sold at auction. Sotheby's says the Nike Air Jordan 13 sneakers sold for a record $2.2 million on Tuesday. It may be a new world record, but the shoes sold on the lower end of estimates. "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.

☆ Michael Jordan sneakers, Kobe Bryant gear lead blockbuster Sotheby's auction
▼ + stars: | 2023-04-06 | by ( Natasha Piñon | ) www.cnbc.com time to read: +1 min

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 the upcoming auction Victoriam, a special two-part curated collection of sports artifacts. Michael Jordan's shoes from Game 2 of the 1998 NBA Finals could be yours — if you have a couple million dollars to spare. Sotheby's is hosting a two-part auction of game-worn sports memorabilia, with Jordan's signed sneakers serving as the cornerstone for an stacked lineup of rare items. The game-worn Air Jordans are estimated to sell for somewhere between $2 million to $4 million. When Kanye West's Air Yeezy samples sold for $1.8 million in a private sale in 2021, they were estimated to be the most expensive sneakers sold to date.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

REUTERS/Lauren JusticeLOS ANGELES, April 3 (Reuters) - Actor Ben Affleck is hopeful for basketball legend Michael Jordan’s seal of approval after directing the biographical sports film, "Air," which is based on Jordan’s historic deal with the Nike (NKE.N) shoe brand. Affleck plays Nike co-founder Phil Knight and “The Woman King” actor Viola Davis portrays Jordan’s mother, Deloris Jordan. There was one key role that Affleck and Damon decided not to fill, and it was Michael Jordan’s. “The second you put the camera on an actor and say ‘Hey, it’s Michael Jordan’ and it’s not Michael Jordan, you’re going to lose the audience, so we knew. Michael’s just too famous and means too much to people to try to have someone else play him in a movie,” Damon said.

☆ Michael Jordan’s ‘Last Dance’ sneakers are being auctioned off. They could go for millions, and become the most expensive sneakers ever sold.
▼ + stars: | 2023-03-15 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Michael Jordan's sneakers from 1998 could sell for $4 million, breaking auction records. They are a pair of Air Jordan 13s Jordan wore in the last NBA finals he played for the Chicago Bulls. If sold at their estimated $4 million, they will set a record for the most expensive sneakers ever sold. The shoes are a pair of black and red Air Jordan 13s from Jordan's "Last Dance" — the last championship final Jordan played for the Bulls in 1998. If sold for their estimated price, the Air Jordan 13s will set the record for the most expensive sneakers ever sold, per CBS News, citing Sotheby's.

☆ Michael Jordan's 'Last Dance' sneakers are going up for auction
▼ + stars: | 2023-03-14 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Michael Jordan's 1998 NBA Finals Game 2 Air Jordan 13s from 'The Last Dance' season are expected to sell for $2/4 million. An iconic pair of Air Jordan sneakers is going up for sale and is expected to be the most expensive pair of sneakers ever to appear at auction, estimated to sell for between $2 million and $4 million. Sotheby's is listing Michael Jordan's 1998 NBA Finals Nike Air Jordan 13s, worn during the basketball legend's final season in the NBA. Jordan already holds the record for most expensive pair of sneakers sold at auction: In 2021, Sotheby's sold the earliest known Michael Jordan Air Ships, also made by Nike, for $1.472 million. "Michael Jordan game-worn sports memorabilia has proven time and time again to be the most elite and coveted items on the market," Wachter said.

☆ Puma channeled Michael Jordan to announce Rihanna's return to the sportswear brand: 'She's back'
▼ + stars: | 2023-03-01 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Her return announcement referenced Michael Jordan's infamous return to the NBA in 1995. It's not yet clear what this collaboration will involve but Puma teased fans on Instagram with a post that said: "She's back," alongside her Fenty brand logo. One of her sneaker designs, the Fenty x Puma creeper, was voted shoe of the year by industry news outlet Footwear News in 2016. Fenty Beauty, one of her most successful ventures, helped to catapult her into the Forbes billionaires list in 2022. According to Forbes estimates, Fenty Beauty brought in over $550 million in annual revenue just one year after it launched and is currently worth around $2.8 billion.

☆ Kobe Bryant's jersey from MVP season sold for $5.8 million
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +1 min

Feb 10 (Reuters) - A Los Angeles Lakers jersey worn by Kobe Bryant during his only MVP season in 2007-08 fetched $5.8 million at an auction on Thursday, becoming the second-most expensive basketball jersey ever sold, auction house Sotheby's said. Michael Jordan's jersey from the opening game of the 1998 NBA Finals holds the record for the most expensive piece of game-worn sports memorabilia in history after it sold for over $10 million in September also via Sotheby's. Bryant, an 18-times All Star and five-times NBA champion, died in a January 2020 helicopter crash that also killed his daughter and seven others. Sotheby's website said the jersey was signed by Bryant and worn by him in 25 of his 82 games that season, including six playoff games. "(It) has become a symbol of his fierce determination and passion that has resonated with audiences across the world."

☆ Iconic Kobe Bryant jersey sells for record $5.8 million at auction
▼ + stars: | 2023-02-09 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

A jersey that belonged to late basketball star Kobe Bryant, expected to fetch between 5-7 million USD, is displayed at Sotheby's auction house in New York on February 1, 2023. An iconic Kobe Bryant jersey from his MVP season sold for $5.8 million on Thursday, setting a new record. The previous sale record for any item of Kobe Bryant sports memorabilia was set by a game-worn and autographed basketball jersey from the 1996-1997 season, which sold for $3.7 million in 2021. Sotheby's previously estimated the jersey would sell for between $5 million and $7 million. Sotheby's in September sold Michael Jordan's 1998 "Last Dance" jersey for $10.1 million, a record-breaking auction in its own right.

☆ Here are 7 fun details that you might miss in the trailer for 'Air,' the Ben Affleck and Matt Damon movie about Nike signing Michael Jordan
▼ + stars: | 2023-02-09 | by ( Matthew Kish | ) www.businessinsider.com time to read: +6 min

The movie stars Ben Affleck as Nike cofounder Phil Knight and Matt Damon as Nike executive Sonny Vaccaro. In the trailer, Knight's character, played by Ben Affleck, responds to hearing the "Air Jordan" name for Michael Jordan's line of footwear and apparel. Knight's office is filled with booksIn the trailer, there are numerous books on the shelves in Knight's office. Phil Knight's 'rumpled' clothesIn three scenes in the trailer, Knight's character wears a wrinkled suit with the necktie pulled loose. He had a garage full of raw rubber, got some and put it on his wife's waffle iron," Knight said.

☆ How the boom in sports documentaries on streaming is opening up a new path for athletes as content creators
▼ + stars: | 2023-02-02 | by ( Elaine Low | Ashley Rodriguez | ) www.businessinsider.com time to read: +5 min

A boom in sports documentaries has offered athletes more ways to be on screen and build their brands. Players and their agents are looking for hits like Netflix Formula 1 doc series "Drive to Survive." Being featured in a sports doc can dramatically raise an athlete's profile, giving them more fans and more branding power. Netflix's "Drive to Survive" was credited with doing wonders for F1 fandom, particularly stateside, where American interest has historically been scarce. "These people can go on the air and broadcast their own content and they can capture and keep their own content," said Octagon VP of content and development Jason Weichelt.

☆ How Kobe Bryant became one of the NBA's all-time greatest players and an almost mythical figure in the process
▼ + stars: | 2023-01-26 | by ( Scott Davis | ) www.businessinsider.com time to read: +8 min

Kobe Bryant died three years ago today, on January 26, 2020, leaving behind a legacy as an all-time great NBA player and sports icon. From the moment he entered the NBA, Bryant had a platform to become a transcendent star. An impressive resumeOver 20 years in the NBA, Bryant built one of the more impressive resumés. Like many legendary athletes, Bryant's career didn't end in grand fashion. The Lakers won 21 and 17 games in 2014-15 and 2015-16, Bryant's last season in the league.

☆ Nike's messy dispute over who gets credit for signing Michael Jordan is hitting the big screen in film starring Ben Affleck and Matt Damon
▼ + stars: | 2023-01-24 | by ( Matthew Kish | ) www.businessinsider.com time to read: +6 min

That debate will get renewed attention in April when Ben Affleck and Matt Damon release "Air," a movie that recounts how Nike signed Jordan. "A lot of people want to take credit for signing Michael Jordan, most obviously Sonny Vaccaro." It's unclear if Vaccaro spoke with Knight, Vaccaro, or Jordan or if he relied on existing sources, including "Sole Man," an ESPN documentary about Vaccaro. Several books and news stories also have recounted how the Jordan deal came about, including parts of "Just do it," "Swoosh," and a sweeping 1992 story in the Washington Post. Regardless of the movie's spin on events, the Jordan deal was a pivotal moment for Nike.

☆ LeBron James NBA Finals jersey expected to fetch up to $5 million at auction
▼ + stars: | 2023-01-20 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

LeBron James game-worn jersey from the athletes NBA finals game 7 victory over the Miami Heat in 2013, is on display during a press preview at Sotheby's auction House on January 20, 2023, in New York City. Sotheby's is listing an iconic jersey worn by LeBron James during his NBA Finals Game 7 victory with the Miami Heat against the San Antonio Spurs in 2013. The jersey commemorates James' first NBA Finals Game 7 appearance, which was one of the most significant performances of his career. The company added that the jersey also commemorates James' back-to-back championships and NBA Finals MVP awards with the Miami Heat. James is one of only six players in NBA history to be awarded back-to-back NBA Finals MVP trophies.

☆ Iconic Kobe Bryant jersey up for auction, expected to fetch up to $7 million
▼ + stars: | 2023-01-12 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Images of Bryant in the jersey have garnered worldwide recognition since the basketball star's sudden death three years ago. Sotheby's is listing a Kobe Bryant jersey, worn in 25 games during his 2007-2008 MVP season. The company said it expects the jersey to sell for between $5 million and $7 million in the online auction. An iconic piece of Kobe Bryant memorabilia is hitting the auction block, and it's expected to be his most valuable item ever to go up for sale. Sotheby's made headlines in September for selling Michael Jordan's 1998 "Last Dance" jersey for $10.1 million, a record-breaking auction.

☆ A pair of Michael Jordan's Nikes just sold for more than $92,000, setting a record that solidifies sneakers as an asset class
▼ + stars: | 2023-01-06 | by ( Matthew Kish | ) www.businessinsider.com time to read: +3 min

Rally last week sold a pair of Jordan 11 "Concords" that Michael Jordan wore in 1996 for more than $92,000. While the market for sneakers has weakened, there's still strong demand for the most coveted kicks. Petrozzo said the price is a record for "Concords," although other game-worn Jordan sneakers have gone for more, including a pair that sold for $560,000 in 2020. Rally also sold a pair of game-worn Jordan 3s for $61,500 in December, generating a nearly 180% profit for investors who purchased shares in January 2020. Rally's other listings include a game-worn pair of Jordan 1s that are down 48% since first listing in November 2020.

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