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Kobe Bryant Jordans
Air Jordan “Kobe 3 / 8 PE” Pack
$
10
.00
IPO SHARE PRICE
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Artist Profile

About

During the 2002-2003 season, Kobe Bryant was a sneaker free agent. Having just finished his contract with Adidas, the major sneaker brands were attempting to woo the Black Mamba with creative, flashy, and innovative shoes. The Jordan Brand’s gift to attract Bryant was a customized pair of Air Jordan 3s and a pair of Air Jordan 8s, both fashioned in the Lakers colorway. 


Upon the announcement of Bryant’s retirement from the NBA in 2016, fans and brands alike paid homage to one of the great legends of modern basketball. As a way to commemorate his historic career, and the brief but shared moment, Jordan Brand paid tribute to Bryant by creating a Kobe PE Pack which included the Air Jordan 3 and Air Jordan 8. The set was reserved on a friends and family basis. While a release to the public was rumored, the drop never came to fruition. 


The time to honor the great career of the Black Mamba has never been more pressing. After his death in late January of 2020, he was posthumously elected to be inducted into the Basketball Hall of Fame in spring of 2020. He is remembered as a league MVP, five-time NBA champion, two-time Finals MVP, 11-time All-NBA First Team, two-time NBA scoring champion, NBA Slam Dunk Contest champion, 18-time NBA All-Star and a two-time Olympic gold medalist, but above all, a dedicated family man and father. He has been lauded by teammates for his “Mamba Mentality”: the work ethic that made him a formidable opponent on any court.


Highlights

Recent Sales
Data is limited due to the scarcity and rarity of the Air Jordan Kobe 3/8 PE Pack and the most recent based on StockX is $15,010 in April 2020.
Grail Status
The Air Jordan “Kobe 3/8 PE" Pack consists of two reproductions of the shoes that Kobe wore during the 2002-2003 season. At the time, Kobe was in between sneaker deals— the fact that he agreed to wear shoes from the Michael Jordan brand was a unique phenomenon, given their on-court rivalry on the court. Jordan Brand remade these sneakers in 2016 to celebrate Bryant's retirement after an incredible 20-year career in the NBA.
Few & Far Between
These shoes were never released to the public— only given to friends and family of Kobe and the Jordan Brand. Finding these shoes in brand new, deadstock condition is increasingly rare.
Market Growth
The markets for both Air Jordan and Kobe sneakers are substantially growing. According to a report from StockX, Air Jordan sales are up 38% in 2020 and Kobe sneakers have shown 3-5x increases in resale value.
Kobe's Legacy
Kobe Bryant is considered one of the best and most adored sports figures ever. His tragic death spurred a collective nostalgia that will continue to be celebrated through his memorabilia and brand.

Details

Brand
Air Jordan
Year
2016 (Unreleased)
Size
US 7.5
Colorway
Lakers
Style Code
869802-907
Condition
Deadstock
Drop Value
$21,000
IPO Share Price
$10.00

Research

Drop Market Report
Our team prepares extensive research and financial analysis for each drop on Otis.
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Recent News

Kobe Bryant Elected To Hall Of Fame In Posthumous 'Peak Of His Career'
NPR
Michael Jordan: ‘When Kobe Bryant Died, a Piece of Me Died’
The New York Times
Will the Air Jordan 3/8 “Kobe” Pack Ever Release to the Public?
Sneaker Cartel

Additional Resources

Risks

This investment is speculative and involves substantial risks to consider before investing, outlined in the Offering Circular and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment.
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