Lithuania just took down Team USA in the FIBA tournament in the Philippines and the world is buzzing like they’ve hit the motherlode. But let’s not write off Team USA just yet, folks. In my book, they’re still the team to beat. Let’s rewind a bit. Remember how Team USA steamrolled through their prep for the tournament? Their recent loss, I believe, is nothing but a spark that’s going to ignite a fierce comeback. So, keep your eyes peeled for their next showdown!
Now, while the hoops world is all abuzz, Jordan Brand has been cooking up some magic of their own. Feast your eyes on the spanking new Air Jordan 38 FIBA edition. Designed specifically for the tournament, this sneaker is more than just a pretty face.
Boasting 20% recycled material, the Jordan 38 FIBA is eco-conscious kick. It also sports a sleek, new X-Plate, a nod to the iconic straps of the Air Jordan 8, designed to keep you grounded and agile on the court. The upper is adorned with engineered embroidery, lightweight yet durable, to protect your foot like a champ. Now, onto the comfort factor – a full-length Cushlon 3.0 wedge coupled with a full-length Zoom strobel, offering maximum comfort and a springy response. The Zoom strobel also doubles as a launching plate, providing that explosive, multidirectional separation you need. And let’s not forget the herringbone traction working in tandem with the X-Plate for those quick moves and added protection.
I actually write a whole performance review of the 38’s, see post below
If you’re looking to scoop up a pair, see details below
Air Jordan 38 Fiba Release Information
Style Code: FN7481-100
Release Date: September 7, 2023
Jordan 38 Fiba: Resale Value
The chart gives us a summary of the average sale price of the shoe since August 26,2023 via third party marketplaces. As you can see from the records, prices went from $220 on 8/26 up to $243 the very next day, and back down to $239 on the 28th. They continued to go down on the 29th and increased to $229 on the 31st. By the first of September they hit their lowest at $200, and then up to $208 on the second, and $231 on the 3rd. They are currently worth about $213, we’ll definitely need to compute the five number summary for further details.
Quartile Q1: 208
Quartile Q3: 239
The lowest sale recorded was $188, for a size 13 while the highest was $243 for a size 12. 25% of the shoes sold between $188 and $208, while half of them sold between $208 and $239. The top 25% sales were from $239 to $243 and there were no outliers.
The overall average resale value was $223 with an 8% volatility. At $223, you’re looking at a -$9 loss if you were a Day Trader. Even the highest sale recorded leads to +$9 profit, a 4% mark up, below average. So if you’re a reseller, this isn’t a shoe you want to attempt to resell.
For hoopers, this is fantastic news, you’ll probably be able to pick up a pair under retail on StockX with a bit of patience.