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The Air Jordan turns 40

CBS News · Current
CBS News
CBS News
Current

The Air Jordan sneaker turns 40 this year. Luke Burbank traces the origins of the iconic shoe back to NBA legend Michael Jordan's first meeting with Nike, then a relatively small sneaker company in Oregon.

Breakdown
  • More than 200 people lined up in Queens, NY, to buy the Air Jordan on its 40th anniversary.
  • Michael Jordan initially hesitated to meet with Nike before signing a landmark $2.5 million deal. 23s
  • Nike sold $126 million worth of Air Jordans in the first year, far exceeding expectations. 1m 19s
  • The Jordan brand is now a standalone division within Nike, generating $7 billion annually. 2m 27s
  • Michael Jordan remains integral to the brand's operation and creative direction. 3m 14s
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