The Air Jordan 1 faced a backlash from the NBA after Jordan donned the black and red sneakers during a preseason game in 1984. The NBA sent a letter to Nike, stating “the red and black Nike basketball shoes...” violated league policy, incurring a $5,000 per game fine.

The high prices come from how the company makes and markets its iconic sneakers. The brand has a rich history, and its Air Jordan 1 is widely credited as the catalyst for sneaker-culture. Business Insider tells you all you need to know about business, finance, tech, retail, and more. World's Most Expensive Big Mac!

All Nike shoes are packed inside a box with a certain label and tag. The colour and print of the box usually vary depending on the style but mainly the boxes revolve around the colors red, orange, and brown. The print on the box should have the size, serial number, and style, with a barcode.