Kanye West Yeezy snag record million in sale: The Kanye West tennis shoes that sent athletic shoes showing off down style runways cost $1.8 million, a brand-new world document price for a set of tennis shoes, Sotheby’s announced on Monday.
The American rapper’s 2008 ‘Grammy Worn’ Nike Air Yeezy samples were prototypes for a line established by West and also Mark Smith for Nike.
They were disclosed during West’s performance at the 2008 Grammy Awards.
The buyer was sneaker investing system RARES, which paid the highest publicly recorded rate for the pair.
RARES is a leader in fractional ownership, permitting individuals to buy tennis shoes by purchasing and also trading shares in them.
The exclusive sale smashed the existing auction document for sneakers, much above the $560,000 that Sotheby’s scored in May 2020 for a pair of 1985 Air Jordan 1’s, made for and used by basketball gamer Michael Jordan.
The black leather, dimension 12 Nike Air Yeezy 1 Prototypes have a Yeezy forefoot band and the brand name’s trademark Y medallion lace locks in pink.
They were put up for sale at Sotheby’s by New York collector Ryan Chang.
West wore them for his psychological performances of Hey Mother as well as Stronger at the 2008 Grammy Honors, triggering a social media frenzy amongst fashionistas.
West finished his collaboration with Nike in 2013 and also took the brand to Adidas, where the Yeezy brand name of tennis shoes generated an estimated $1.7 billion in sales in 2020, according to Forbes.
” Our goal in buying such an iconic footwear and an item of background is to boost ease of access and also encourage the areas that birthed sneaker culture with the tools to acquire monetary liberty via RARES,” said Gerome Sapp, RARES founder, and also CEO.
Brahm Wachter, Sotheby’s head of streetwear as well as modern-day antiques, claimed, “The sale speaks volumes of Kanye’s tradition as one of one of the most prominent apparel and also tennis shoe designers of our time.”