May 17, 2020 - Sports

Game-worn Air Jordan 1s sell for record-breaking $560,000

Photo credit: Sotheby's

A signed pair of Air Jordan 1s worn by Michael Jordan during his 1984–85 rookie season sold for $560,000 in a Sotheby's auction on Sunday, breaking the all-time record for most expensive sneaker.

The big picture: The iconic shoes were sold the same day that the final two episodes of ESPN's "The Last Dance," which has consistently smashed live audience records for a documentary, are set to premiere.

  • It's not immediately known who purchased the shoes, per Action Network, but they were sold by shoe collector Jordy Geller, who decided it was a good time to offload them when he saw the renewed hysteria for Jordan memorabilia driven by the documentary.
  • "We are thrilled with the price. It just speaks to Michael Jordan’s incredible legacy and people recognizing him as the greatest athlete to ever play," Sotheby's Brahm Wachter told Action Network.

Go deeper: "The Last Dance" becomes must-watch quarantine TV

Go deeper

Biden formally secures Democratic presidential nomination

Joe Biden speaks at Delaware State University's student cente on June 5. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden became the formal Democratic presidential nominee on Friday evening, per AP.

The big picture: Biden has been the presumptive frontrunner to take on President Trump since Sen. Bernie Sanders suspended his campaign in early April.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 6,724.516 — Total deaths: 394,018 — Total recoveries — 2,996,832Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 1,894,753 — Total deaths: 109,042 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: WHCA president says White House violated social-distancing guidelines to make reporters "a prop" — Jailing practices contribute to spread.
  4. Sports: How coronavirus could reshuffle the sports calendar.
  5. Jobs: Better-than-expected jobs report boosts stock market.
  6. Media: The Athletic lays off 8% of staff, implements company-wide pay cut.

Scoop: German foreign minister to travel to Israel with warning on annexation

Heiko Maas. Photo: Michael Kappeler/picture alliance via Getty Images

German Foreign Minister Heiko Maas is expected to travel to Israel next week to warn that there will be consequences if Israeli leaders move forward with plans to annex parts of the West Bank, Israeli officials and European diplomats tell me.

Why it matters: Israeli and European officials agree that if Israel goes ahead with unilateral annexation, the EU will respond with sanctions.