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

FILED UNDER: Accessories , Celebs , Kanye West , Shoes
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Showing 64 comments

Icon on

Well, they are not bad looking for the younger set. I imagine tweens, teens and possibly twenty something sneaker-heads loving this. I am just not a sneaker-head and its much too loud for my taste. But, God bless those who took to these like authentic Jesus sandals. I hope it brings them the joy they are hoping for.

christina on

Those are cool, but the price is just crazy.Kudo’s to him for doing something with his life instead of just sitting on the couch.

Bettie on

LMAO. Jeesus is trippin!

jordan on

I would like to buy these shoes so hard.

Lesli on

Who are the moron’s buying these??????

sondra on

He’ll no I don’t like his attitude.

ann kramer on

let the killing begin. Wonder how many teens will be killed over this newest fashion statement

hey you on

They’re ugly, don’t like him, and I wouldn’t pay $245 for shoes, not to mention 16 mil…which is more than most people making minimum wage make in their lives. Just sick.

Theresa on

Great, now he will have an even bigger head.

TallCoolOne on

This is story is insane.No shoe,especially one designed by Kayne is worth $245 let alone $16 million.This story is fake,just looking for some attention for this ugly shoe.

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