Michael Jordan’s Championship Sneakers Sell for Record $8 Million at Auction
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,813,014 (-1.85%)       Melbourne $1,100,752 (-0.93%)       Brisbane $1,264,655 (+1.39%)       Adelaide $1,094,270 (-1.82%)       Perth $1,084,384 (+1.01%)       Hobart $845,514 (+1.05%)       Darwin $902,747 (+2.14%)       Canberra $1,099,282 (-0.85%)       National Capitals $1,217,824 (-0.67%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $816,726 (+1.39%)       Melbourne $530,993 (+0.46%)       Brisbane $825,274 (+0.01%)       Adelaide $610,153 (-1.66%)       Perth $621,677 (+1.72%)       Hobart $559,050 (+3.05%)       Darwin $490,665 (+1.73%)       Canberra $493,206 (+1.99%)       National Capitals $643,805 (+0.82%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 9,649 (+796)       Melbourne 11,142 (+562)       Brisbane 5,558 (+236)       Adelaide 1,951 (+157)       Perth 4,245 (-75)       Hobart 798 (+12)       Darwin 92 (+2)       Canberra 947 (+71)       National Capitals $34,382 (+1,761)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 7,618 (+503)       Melbourne 5,895 (+185)       Brisbane 1,030 (+46)       Adelaide 298 (+27)       Perth 866 (+12)       Hobart 144 (+1)       Darwin 162 (-6)       Canberra 1,136 (+43)       National Capitals $17,149 (+811)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $580 ($0)       Brisbane $700 ($0)       Adelaide $640 (-$10)       Perth $730 ($0)       Hobart $600 (+$5)       Darwin $750 (+$5)       Canberra $730 (+$10)       National Capitals $702 (+$5)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $590 ($0)       Brisbane $680 ($0)       Adelaide $550 ($0)       Perth $680 ($0)       Hobart $508 (+$8)       Darwin $650 (+$10)       Canberra $600 ($0)       National Capitals $644 (+$2)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,070 (+103)       Melbourne 7,734 (+35)       Brisbane 4,438 (-34)       Adelaide 1,601 (+13)       Perth 2,370 (-7)       Hobart 239 (+13)       Darwin 104 (+2)       Canberra 515 (+9)       National Capitals $23,071 (+134)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 9,387 (+11)       Melbourne 6,691 (-73)       Brisbane 2,287 (-93)       Adelaide 492 (+20)       Perth 651 (-2)       Hobart 90 (-7)       Darwin 159 (-22)       Canberra 702 (-18)       National Capitals $20,459 (-184)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.35% (↑)      Melbourne 2.74% (↑)        Brisbane 2.88% (↓)     Adelaide 3.04% (↑)        Perth 3.50% (↓)       Hobart 3.69% (↓)       Darwin 4.32% (↓)     Canberra 3.45% (↑)      National Capitals $3.00% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.09% (↓)       Melbourne 5.78% (↓)       Brisbane 4.28% (↓)     Adelaide 4.69% (↑)        Perth 5.69% (↓)       Hobart 4.72% (↓)       Darwin 6.89% (↓)       Canberra 6.33% (↓)       National Capitals $5.20% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 38.1 (↑)      Melbourne 35.6 (↑)      Brisbane 35.0 (↑)      Adelaide 33.5 (↑)      Perth 40.0 (↑)      Hobart 37.0 (↑)      Darwin 38.5 (↑)      Canberra 37.5 (↑)      National Capitals $36.9 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 38.1 (↑)      Melbourne 37.0 (↑)      Brisbane 34.3 (↑)      Adelaide 31.5 (↑)      Perth 40.5 (↑)      Hobart 34.2 (↑)      Darwin 31.2 (↑)      Canberra 46.0 (↑)      National Capitals $36.6 (↑)            
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Michael Jordan’s Championship Sneakers Sell for Record $8 Million at Auction

By Eric Grossman
Tue, Feb 6, 2024 8:45amGrey Clock 2 min

In a transaction that further cements NBA Hall of Famer Michael Jordan’s standing atop the world of sports memorabilia, Sotheby’s New York sold six Air Jordan sneakers earlier Friday for the whopping total of US$8 million.

Dubbed the Dynasty Collection, the set of six shoes were sold to an anonymous buyer who was in the room during the bidding, according to the auction house. Sotheby’s had publicised the sale with a far-reaching tour, displaying the sneakers around the world while estimating that the set would sell for between US$7 million and US$10 million.

“To have something from one of Jordan’s championship clinching games is a goal for every collector of sports artefacts. To have something from all six is unheard of,” says Brahm Wachter, Sotheby’s head of modern collectables. “We are thrilled with the result which is a testament to the greatest to ever play the game.”

The Dynasty Collection earned headlining status for the second edition of Sotheby’s “The One,” a cross-category sale that features an eclectic range of notable objects representing human achievement and excellence.

Michael Jordan of the Chicago Bulls shoots the winning jump shot with 5.2 seconds left during game six of the NBA Finals against the Utah Jazz in Salt Lake City in June, 1998. The Bulls won 87-86 for their sixth NBA championship.
AFP via Getty Images

As the hammer fell, the final price tag set a new global benchmark for game-worn sneakers while becoming the second-highest price achieved for any Jordan memorabilia, just behind Jordan’s 1998 NBA Finals Game 1 jersey from the famed “Last Dance” season, which achieved US$10.1 million at Sotheby’s in September 2022 and still holds the world record for any game-worn sports memorabilia.

The auctioneer also holds the record for any pair of sneakers, with Jordan’s 1998 NBA Finals Game 2 Air Jordan 13s having earned $2.2 million in April 2023.

Jordan, who turns 61 on Feb. 17, famously handed off one of his size-13 and 13.5 shoes—an 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)—after each championship-deciding victory to Bulls PR exec Tim Hallam.

The sneakers were later obtained from Hallam by a private American collector, who ultimately enlisted Sotheby’s for the sale. Initially announced nearly a year ago, the collection has captured the attention of sports fans and hobbyists alike.

“Today’s record-breaking price is a testament to the GOAT. The Dynasty Collection undeniably ranks among the most significant compilations of sports memorabilia in history,” Wachter said in a statement announcing the result.

“Serving as both a reminder of Michael Jordan’s lasting impact on the world and a tangible expression of his recognized legendary status, its significance is further validated by this monumental result.

One other piece of Jordan memorabilia was included in the auction: the signed official scorekeeper’s sheet from the highest-scoring game of his career—a 69-point effort against the Cleveland Cavaliers on March 28, 1990. It sold for US$50,800.



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Porsche Deliveries Fall on China Woes and Model Gaps

The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.

By Dominic Chopping
Mon, Jan 19, 2026 2 min

Porsche car deliveries fell 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models through the year.

The German luxury sports-car maker said Friday that it delivered 279,449 cars in the year, down from 310,718 in 2024.

The company had a tumultuous year as it contended with a stuttering transition to electric vehicles and a tough Chinese market, while the Trump administration’s automotive tariffs presented a further headwind.

Deliveries in its largest sales region of North America were virtually flat at 86,229, but continued challenges in China meant deliveries in the country dropped 26% to 41,938 vehicles.

Automakers have faced intense competition in China, sparking a prolonged price war as rivals cut prices to win customers, while a lengthy property market slump and economic-growth concerns in the country has also led to buyers pulling back on luxury spending.

“Key reasons for the decline remain the challenging market conditions, particularly in the luxury segment, and the very intense competition in the Chinese market, especially for all-electric models,” the company said.

Other German brands including Audi, BMW and Mercedes-Benz have all recently reported that the challenging Chinese market hit demand last year.

In Europe, Porsche deliveries fell 13% to 66,340 cars excluding its home market of Germany, while German deliveries dropped 16%.

The company cut guidance several times last year as it warned of hits from U.S. import tariffs, investments in new combustion engines and hybrid models amid the slow uptake of EVs, and the competitive situation in China.

Porsche also last year announced plans to scale back its EV ambitions and instead expand its lineup with more gas-powered and plug-in hybrid models than it had originally planned.

However, in its statement Friday, the company said it increased its share of electrified-vehicle deliveries in the year. Around 34% of vehicles delivered worldwide were electrified, an increase of 7.4 percentage points on year, with about 22% all-electric vehicles and 12% plug-in hybrids.

That leaves its global share of fully-electric vehicles at the upper end of its target range of 20% to 22% for 2025.

In Europe, for the first time in 2025, more electrified vehicles than purely combustion engine vehicles were delivered.

The Macan topped the delivery charts in the year, while the 911 reached a record high with 51,583 deliveries worldwide, it said.

Porsche said it is investing in its three-pronged powertrain strategy and will continue to respond to increasing demand for personalization requests from customers.

“We have a clear focus for 2026,” Sales and Marketing Chief Matthias Becker said. “We want to manage supply and demand in accordance with our ‘value over volume’ strategy.

“At the same time, we are realistically planning our volume for 2026 following the end of production of the 718 and Macan with combustion engines.”

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