Nike's Jordan Concods Shoes sellers at Amazon were asking $600 to $975 per pair, while the going price on eBay has generally been in the $400 to $500 range. The shoes, mind you, have an original list price of $180 — which, proudly uncool cheapskate that I am, is already about five or six times what I’m used to paying for a pair of sneakers.
Thousands lined up across the country to shell out $180 for the black and white "J's" that went on sale. Within hours, hundreds of pairs of the shoes were on sale on eBay, some for more than $500. Many of the pairs already had dozens of bidders.
The shoes were widely released and are available at stores such as Foot Locker and Champs, in addition to Nike stores. Air Jordans bring in an estimated $1 billion for Nike every year.
Air Jordan 11 was designed by Tinker Hatfield. While Jordan was still pursuing a career in baseball, Hatfield designed the sneaker in hopes that Jordan would eventually wear it if he returned to the NBA. Jordan wore the Air Jordan 11 model to help the Chicago Bulls win the 1995-1996 NBA championship. The shoes received more media exposure when Michael Jordan wore the Air Jordan XI model in the 1996 Warner Bros. The Jordan XI was meant to stand out with a fusion of performance and design.
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