Kanye West is about to become a richer man and he has a vintage pair of Yeezy prototypes to thank.
Listen to your favorite music now on Audacy
According to CNN, the Nike Air Yeezy 1 prototypes that he first publicized at the 50th GRAMMY Awards in 2008 are going on sale for over $1 million. The announcement was confirmed by the organizer of the sale, the Sotheby's auction house.
In a press release, the sneakers are being described as "one of the most prized and sought-after sneakers in existence." The coveted kicks are being sold privately after going on display in Hong Kong later this month. While Sotheby's didn't disclose the specific asking price, the sneakers are being valued well over $1 million.
CNN mentions that "there is no known record for private sneaker sales," yet the Yeezy price tag will surpass the current auction record of $615,000. That record was set at Christie's last May, thanks to a "pair of autographed Nike Air Jordan 1s worn by Michael Jordan in 1985."
The prototypes stem from the original partnership between Yeezy and Nike and this design was never released publicly. However, in 2017, a pair sold at Flight Club for $100K.
WATCH MORE: 5 of the Most Outrageous MTV VMA Moments
LISTEN on the Audacy App
Sign Up and Follow Audacy
Facebook | Twitter | Instagram