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Kanye West's $245 Nike Sneakers Sell Out, Reach More Than $16 Million on eBay

02/10/2014 at 03:00 PM ET

Kanye West Nike SneakersCourtesy Nike; Inset:George Napolitano/FilmMagic

Some people really want to walk in Kanye West’s shoes. The rapper’s new collaboration with Nike — his Air 2 Red October sneakers — sold out in hours Sunday (no surprise), and they’ve already hit eBay (also, not surprising). But the current bidding price for Yeezy’s kicks did manage to surprise us (as in, jaws on the floor): £10,000,000 or roughly $16.4 million.

Nike announced on Twitter Sunday that that shoes were on sale, retailing for $245. And they sold out so quickly that the eBay sales started almost immediately. The sneakers are all red and feature gold embellishments on the laces (not real gold, although for the price people are willing to pay, you’d think it was.)

RELATED PHOTOS: See Kim Kardashian and Kanye West’s matchy-matchy couple style

The most ridiculous listing on eBay shows the top bid at more than 16 million bucks, but more sales have been popping up with “Buy It Now” prices as low as about £3,500.00 (about $5,748), which seems like a total steal by comparison!

What do you think of West’s new shoe? Would you splurge on it? Share your thoughts below!

–Brittany Talarico

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Showing 64 comments

Amy on

I’m sorry that so many people have such bad taste and are willing to waste so much money on a pair of sneakers.

Pink on

Forget the $16M price…I wouldn’t even pay the $245. For sneakers?! No thanks. God Bless capitalism.

Anna on

First off, I wouldn’t wear these sneakers if they were free. They are horrendous. Secondly, even if I semi liked them, I wouldn’t allow myself to contribute to this man’s wealth. Not a cent of mine has been spent on anything West/Kardashian.

Jesse on

I wouldn’t pay 10 cents for these things. Anyone spending that much on sneakers should re-examine their priorities.

peoplereader on

I wouldn’t buy anything to do with him or the Kardashian family!

FAROUK BK F on

SALAM

CJ on

I hope they are donating that money to a good cause. Otherwise whoever spent that kind of money is just a rich idiot. You can change a lot of people’s lives for 16 million dollars!

Brooke on

People sicken me. Kanye West is shallow and greedy for associating his name with these overpriced sneakers, and the buying public are shallow, materialistic consumers for spending that kind of money on those shoes which probably cost 5 bucks to make. People are homeless and starving in the world. If you have that kind of cash to burn, why not buy a $40 pair of sneakers and donate the other $205-16mil to a charitable cause?

lu on

ok yall wouldn’t buy them so what its their money they can do what makes THEM happy

guest on

! hard to believe.. sigh. IF (I’m not!) I was willing to pay $245 for these shoes, I would not pay a penny more !

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