Sneaker resellers are shooting for the stars following the release of the Derek Jeter Air Jordan 11s.
Jordan Brand released an extremely limited edition blue suede "Derek Jeter" Air Jordan 11 back in May, as part of the Yankee short stop's retirement ceremony at Yankee Stadium, and now one pair is up for grabs at Stadium Goods for a cool $40,000.
It has been reported that there are only five of the Derek Jeter Air Jordan 11s in existence, including those which were sold via scratch-off lottery system at a pop-up shop nearby Yankee Stadium. Apparently, one of the lucky winners is looking to hit the jackpot by listing his pair, which are a size 12.
The kicks feature a buttery soft navy blue suede throughout the upper, including the portion of the shoe that is traditionally wrapped in patent leather, accompanied by a white midsole and translucent outsole. #2 is stamped on the heel in place of the traditional #23, as a nod to Jeter.
Check out some images of the limited edition Air Jordan 11s below.
In addition to having one of the rarest Air Jordans of all-time, Derek Jeter also became a father and part-owner of the Miami Marlins this year. A Jeter-led group recently agreed to buy the team from owner Jeff Loria for $1.2 billion.
According to the Miami Herald, Jeter will be in control of business and baseball side of the organization while Sherman, wealthy venture capitalist, will be the “control person,” similar to a managing general partner.
In total, the Jeter/Sherman group has approximately 16 investors, including Michael Jordan. According to the New York Post, Jordan is kicking in very little cash, but Jeter sees MJ as a role model and a mentor in how to become a successful sports executive.
Per the Miami Herald,
"Other confirmed investors in the Sherman/Jeter group, besides NBA legend Jordan (who owns the NBA’s Charlotte Hornets), include former Morgan Stanley wealth management chief Greg Fleming, who helped put together the bid for Sherman and Jeter; Doug Kimmelman, a former Goldman Sachs executive who founded Energy Capital Partners; John Troiano, managing Partner and Co-Founder of financial firm TBG Investments, which advises customers on investments."
Jeter has his work cut out for him in Miami, though. The Miami Herald's Barry Jackson reports that the Marlins are expected to lose over $60 million this year, have the cheapest TV contract in the league, and are routinely at the bottom of the league standings in attendance.