Five years ago, around this time , the Air Jordan 11 Concord was reissued and caused a ruckus country wide . Several riots took place in shopping malls; stores were vandalized , people and delivery trucks were robbed . It was a game changer; since then, Nike and JB have struggled with figuring out ways to manage their release procedures ; the online method has proven to be a failure with the introduction of sneaker bots. The next thing introduced, the raffle system was also very ridiculous because most store raffles were rigged.
It was heaven on earth for resellers who were thriving because they had an edge – being able to bribe store managers and get early access to inventory, sometimes paying people to stand in line for them, or literally abusing the bots to get full size runs of sneakers. Everything changed when JB realized how much money was generated in the resale market- the company gradually increased the retail price of its sneakers. The concord 11 was priced at $180 (which we were complaining about at the time). Are you ready for this ? The 2016 space Jam 11 suggested retail price is about $220 before tax; this is about a 22 % bump in the last five years .
The interesting part is JB is the biggest winner in the grand scheme of things . Last week , several Nike outlets were flooded with the Jordan 11 Legend Blue and Jordan 11 72-10 that respectively dropped in 2014 and 2015.
For those that want to buy the Space Jam now, they are available on ebay, see listings below