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Jordan sneakers routinely transcend its basketball roots by refreshing its initial offerings with new looks and color schemes to remain prevalent throughout generations. 2016 is the 31th anniversary of the Air Jordan. In 1984, after winning a national title at the University of North Carolina and a Gold Medal at the Olympic games in Los Angeles, Michael Jordan was selected 3rd overall by the Chicago Bulls in the NBA Draft. That year Nike also signed Michael to a five-year endorsement contract worth a reported $2.5 million (plus royalties).
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