Last night marked the end of the Nike Air Mag eBay free for all, and as expected, the shoes managed to bring in quite a bit of dough for Michael J. Fox and his foundation. A grand total of 1,500 pairs of the shoes were created and placed on eBay for auction. As of last week, the shoes were being snatched up for anywhere from $3,500-$10,000.
However, a live auction was held in Hollywood last week to sell off one pair of the Back To The Future II inspired kicks, and the shoes managed to pull in $37,500. The buyer was British rapper Tinie Tempah, a self-professed "sneaker head". All proceeds generated from this auction and the eBay auctions, will go directly to the Michael J. Fox Foundation to Fight Parkinson's.
The specs of the Nike Air Mag are pretty impressive. The shoes were designed by Tinker Hatfield, who helped design the original shoe models that were used in the original Back To The Future II movie. The shoes have been designed to be exact replicas of the ones used for the movie, save for the self-lacing feature. Hatfield and his fellow creators made several attempts to make the self-lacing feature a reality, but in the end all methods proved to be impractical. The shoe's rechargeable LED lighting and electroluminescent "Nike" panel on the strap carry a five hour glow per charge.