The Nike Air Mag Is Selling For About $US6000 A Pair

The Nike Air Mag, a shoe I dreamt of wearing as a kid and can only dream of buying today, are being auctioned off for the search for a cure for Parkinson's Disease. They're selling for $US6142 a pair.

According to Darren Rovell of CNBC, the first 150 pairs have averaged $US6142 per pair for a total of $US921,290. That's beyond expensive, which is unfortunate for sneakerheads, but great for humanity because all the proceeds are going to the Michael J. Fox Foundation for Parkinson's Research. Sergey Brin, Google co-founder, will also match the donations up to $US50 million.

Checking at current listings now though, it looks like the price of the Air Mag may have dipped a little bit to $US4000 a pair. That's still more money than I could ever afford for a pair of shoes (though that doesn't mean I didn't think about bidding on a pair for a good two hours), I expect the price to dip a little more and then spike up when the auction is in its stretch run. If it ever gets to below a $US1000 though... [ via @DarrenRovell]


    Heard a rumour that these might see general release at a later date....

    The workers were probably paid about $1 to make these shoes, so its around a 6,000% profit margin.

    Gage, Im sure a Chinese company will make fake one of these very soon, for a fraction of the price!

      A 6,000% profit margin which is going entirely to Parkinson's research though.

      Did you not read.... "all the proceeds are going to the Michael J. Fox Foundation for Parkinson’s Research".

    unfortunately, they look like arse, and at a bare minimum, don't have the power laces :P

    are they tax deductible because its to a charity?

    Did no one pick up the appalling math? 6000 percent is only 60 dollars moron. It's 600.000 percent. But clearly you aren't very smart if your knee jerk reaction was to discredit such a fantastic foundation.

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