Shohei Ohtani’s game-worn cleats just sold for more than $440,000, nearly five times the previous record. The buyer thinks they could eventually be worth more than $1 million.
The Realest founder and CEO Scott Keeney joins Yahoo Finance’s Brian Sozzi to break down the record-setting auction, why the buyer rejected offers above the winning price almost immediately, and why game-worn sneakers could become a much bigger part of the sports collectibles market.
Keeney also discusses why sneaker culture could drive new collectors toward game-worn footwear, what soaring sports franchise valuations mean for memorabilia, and which LeBron James items could become especially valuable following his move to Philadelphia.
Timestamps
00:00 Ohtani’s cleats sell for more than $440,000
01:33 Why game-worn sneakers may be undervalued
03:37 The next seven-figure sports collectible
04:53 What the Lakers sale means for memorabilia
06:43 How to invest in a sports team without owning it
07:42 What LeBron’s move means for collectibles
#ShoheiOhtani #Ohtani #SportsCollectibles #Sneakers #MLB #LeBronJames #Investing #YahooFinance
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