FLOAT

FLOAT 100 · Sneakers · No. 63

Air Jordan 1 Retro High OG 'Chicago'

For the Air Jordan 1's 30th birthday, Jordan Brand finally rebuilt the white, red and black 'Chicago' the way collectors remembered it from 1985, Nike Air tongue tag and all, and the pair became the benchmark every later Chicago is measured against.

Year
2015
Maker
Nike / Jordan Brand
By price in sneakers
59 of 100
Market asking price, not a sale · Oct 4, 2026$661This is not a sale. It is an asking price, and no transaction is recorded at this figure.

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Model
Air Jordan 1 Retro High OG 'Chicago,' style code 555088-101
Colorway
White/Black-Varsity Red
Release
Saturday, May 30, 2015, at Jordan Brand retailers and Nike.com
Retail price
$160
Occasion
The Air Jordan 1's 30th anniversary
Key details
Red Nike Air tongue label, Nike Air on the insole, no Jumpman on the heel, shipped unlaced with spare laces
Second drop
A Nike online raffle beginning September 30, 2015
Original
Air Jordan 1, designed by Peter Moore, released 1985 at $65
Production
Not published by Nike in any source found

The shoe in the Bulls' colors

In October 1984, Nike signed Michael Jordan, then a rookie with the Chicago Bulls, to a six-year deal worth $2.5 million, three times larger than any NBA shoe contract of the time. The signature shoe that came out of it was the Air Jordan 1, designed by Peter Moore. It went on public sale on April 1, 1985, at $65, a high price for a basketball shoe then.

Moore drew the shoe's Wings logo, a basketball with wings, which sits on the ankle collar. The Jumpman logo did not exist yet; it first appeared on the Air Jordan III in 1988.

Of the original 1985 colorways, the white, red and black pair in the Bulls' team colors became the one most associated with Jordan. Today it is simply the 'Chicago,' and resellers describe it as the most famous colorway of the Air Jordan 1.

Jordan's first season

Jordan played all 82 games in 1984-85, averaging 28.2 points, 6.5 rebounds, 5.9 assists and 2.4 steals. He was named Rookie of the Year, made the All-Star team and was a second-team All-NBA pick. He also wore Air Jordan 1s in the 1985 Slam Dunk Contest.

A broken foot limited him to 18 games the next season. In Air Jordan 1s he also scored 63 points in a playoff game, a performance that led Larry Bird to compare him to a divine figure.

The first run of 50,000 pairs sold out, and the shoe went on to generate more than $150 million in sales. Jordan Brand was formally introduced as its own label in 1997.

Getting the Chicago right

The Air Jordan 1 was first reissued in 1994, and returned in 2001 and again in 2013. The 2013 retros brought back Nike Air branding on the Air Jordan 1 High, but one sneaker writer complained that Jordan Brand 'dropped the ball' on the Chicago, leaving out details from the original.

The 2015 pair was the correction. It released on Saturday, May 30, 2015, for $160, timed to the shoe's 30th anniversary. It carried the red Nike Air label on the tongue and Nike Air on the insole, had no Jumpman on the heel, and came out of the box unlaced like the 1985 pair, with spare red and white laces.

Nike pulled the shoe from its online store at launch and released it months later through a raffle that began September 30, 2015. On October 3, 2026, a new pair was listed at a sneaker resale shop at $661, about four times the original retail price.

How to identify the 2015 pair

Look for style code 555088-101 on the box label and the size tag. The official colorway is White/Black-Varsity Red: white leather panels as a base, Varsity Red overlays, and black Swooshes and collar.

The tongue carries a red 'Nike Air' label rather than a Jumpman, the insole is printed with Nike Air, and the heel is clean of Jumpman branding. The Wings logo is stamped on the ankle collar.

Several later Chicago releases share the colorway but not the code, including the aged 2022 'Lost and Found' pair (DZ5485-612). The 555088 prefix marks the mid-2010s Retro High OG run.

Why it matters

The 1985 originals are four decades old, so the 2015 pair became the faithful Chicago that collectors could buy and wear, and the reference later Chicago retros are compared against.

The 30th-anniversary pair opened a run of 555088-code Retro High OG releases in original 1985 colorways, including the 'Bred' in 2016 and the 'Royal' in 2017.

The numbers

Style code
555088-101
Colorway
White/Black-Varsity Red
Release date
May 30, 2015; Nike online raffle from September 30, 2015
Retail price
$160
Production
Not published by Nike in any source found
Original 1985 retail
$65

Timeline

  1. Michael Jordan signs a six-year, $2.5 million deal with Nike.

  2. The Air Jordan 1, designed by Peter Moore, goes on sale at $65.

  3. Jordan is named Rookie of the Year after averaging 28.2 points.

  4. The Jumpman logo debuts on the Air Jordan III.

  5. The Air Jordan 1 is reissued for the first time.

  6. Jordan Brand is formally introduced.

  7. Another Air Jordan 1 retro run.

  8. Nike Air-branded Air Jordan 1 Highs return, including a Chicago that critics found lacking.

  9. The Air Jordan 1 Retro High OG 'Chicago' 555088-101 releases at $160 for the shoe's 30th anniversary.

  10. Nike opens an online raffle for the pair after pulling it from its web store at launch.

  11. A new pair is listed at $661 at the same shop.

The world in 2015

  • Hillary Clinton announces her 2016 presidential campaign.

  • American Pharoah wins the Kentucky Derby, and Floyd Mayweather Jr. beats Manny Pacquiao.

  • David Letterman's final Late Show airs.

  • FIFA president Sepp Blatter announces his resignation amid a corruption investigation.

  • NASA's New Horizons makes the first flyby of Pluto.

  • Cuba and the United States restore diplomatic relations after 54 years.

  • Microsoft releases Windows 10.

Price record

DatePriceKind
May 30, 2015$160Asking price, not a saleOriginal retail price.
Oct 3, 2026$661Asking price, not a saleAsking price for a new pair at a sneaker resale shop. An asking price, not a sale.

This is an asking price, not a sale. It is what a seller wanted on the date shown. Asking prices often sit above what buyers pay, but an ask is not a ceiling: a sale can land on either side of it. It is not a value.

By reference price, Air Jordan 1 Retro High OG 'Chicago' is number 59 of 100 in the sneakers entries of the FLOAT 100. 22 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (63 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • Peter Moore drew the Wings logo; the Jumpman did not appear on a Jordan shoe until 1988.
  • The 2015 pair came unlaced in the box, just like the 1985 originals.
  • Nike pulled the shoe from its online store at launch and sold it months later by raffle.
  • Jordan's $2.5 million Nike deal was three times larger than any NBA shoe deal at the time.
  • Jordan scored 63 points in a playoff game wearing Air Jordan 1s, and Larry Bird compared him to a divine figure.
How this page is made
The figure
One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
The story
Researched from published records and checked fact by fact. Updated Oct 3, 2026.
Archive
Oct 5, 2026