Limited Edition Jordans Can't Run From Bad Economy
By: Darren Rovell
CNBC Sports Business Reporter
Source: Foot Locker
Air Jordan XX3
I'm not too optimistic people will get what they want. The guy who was selling No. 113 of 529 listed it at $3,500. The link was taken down minutes ago, which means he presumably sold them, though we're not sure at what price.
Another guy, who has No. 15/529 lists his shoes at $2,750, but says he’ll consider offers above $1,200. The eBay listing shows he’s already declined two offers, meaning he’s likely gotten lower bids.
All in all, we expect the economy to play a part in everything—including limited edition Jordan shoes. We’d be surprised if the average selling price for these shoes winds up at anything north of $1,400.
Questions? Comments? SportsBiz@cnbc.com
It’s one of the great stories of the week. The last colorway of Air Jordan XX3’s getting into consumers hands this morning. Only 23 pairs released in each of 23 stores (529 total) in 23 stores around the country. One of the most hyped shoes ever.
