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FLOAT 100 · Sneakers · No. 85

Air Jordan 7 Retro 'Olympic'

In the summer of 1992 Michael Jordan traded Bulls red and black for a white Air Jordan 7 with a '9' on the heel and won Olympic gold with the Dream Team, and 20 years later Jordan Brand brought that exact shoe back for the London Games.

Year
2012
Maker
Nike / Jordan Brand
By price in sneakers
60 of 100
Market asking price, not a sale · Oct 3, 2026$625This is not a sale. It is an asking price, and no transaction is recorded at this figure.

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Shoe
Air Jordan 7 Retro 'Olympic' (2012)
Style code
304775-135
Colorway
White/Metallic Gold-Obsidian-True Red, with metallic silver on the upper
Release date
July 21, 2012
Retail price
$160
Heel
Jordan's Olympic number, 9
Designer
Tinker Hatfield
On court
Worn by Jordan with the 1992 U.S. Olympic team in Barcelona
Occasion
The 20th anniversary of the Dream Team, timed to the London Olympics
Earlier retro
August 21, 2004, for the Athens Games

The Air Jordan without the Nike logo

Tinker Hatfield's Air Jordan 7 arrived in 1992 at $125, and it made two bold omissions: there was no exterior Nike branding and no visible Air window. It was the first Air Jordan with no 'Nike Air' on the outside of the shoe, only on the insoles, which Nike later described as room for a Jordan legacy separate from Nike Basketball.

Inside, the 7 used a huarache-style inner sleeve so the shoe conformed more closely to the foot. Jordan wore it through the 1991-92 season, when he won his second straight NBA title, Finals MVP and the league MVP award.

For the Olympics, the shoe dropped its Bulls colors for a patriotic palette: a white upper with navy and red accents and touches of silver and gold, and Jordan's Team USA number, 9, on the heel.

Barcelona, 1992

The 1992 U.S. men's basketball team was the first American Olympic team to include active NBA players. Coached by Chuck Daly, it won its games by an average of 44 points, and 11 of its 12 players later entered the Hall of Fame.

Its closest game was the gold medal final against Croatia on August 8, 1992, won 117-85. Jordan led the team with 22 points on 10-of-16 shooting in 23 minutes; Croatia's Drazen Petrovic scored 24.

Jordan wore number 9 and averaged 14.9 points over eight Olympic games. It was a supporting role on a team of stars, and the shoe remains one of the most recognizable reminders of it.

Three returns, and the one that matched

The Olympic 7 came back for the first time on August 21, 2004, 12 years after Barcelona, timed to the Athens Games, where Jordan Brand also made player-exclusive pairs for Carmelo Anthony, Ray Allen, Jason Kidd and Michael Finley.

On August 14, 2010, at a basketball festival in New York, Jordan Brand released a 'For the Love of the Game' version with a gold embroidered basketball-heart on the heel and more prominent silver panels. The 2012 retro, released July 21, 2012, at $160 to honor the design's 20th anniversary as the London Olympics approached, returned to the '9' on the heel.

Later releases played on the theme without copying it: a 'Tinker Alternate' version of an unused Hatfield design on August 6, 2016, and a 2022 collaboration for the Dream Team's 30th anniversary. On October 3, 2026, the lowest listed asking price for a men's pair of the 2012 Olympic at a U.S. sneaker retailer was $625.

How to identify the 2012 pair

The 2012 pair has a white and metallic silver upper with obsidian, metallic gold and true red accents, and carries the number 9 on each heel.

The heel is the quickest way to tell it from the 2010 'For the Love of the Game' version, which has an embroidered heart there instead.

Men's pairs of the 2012 release carry style code 304775-135. The release drew a mixed reception at the time, over quality concerns and because another Olympic 7 had come out only two years earlier.

The numbers

Release date
July 21, 2012
Retail price
$160
Style code
304775-135
Original Air Jordan 7 price
$125 (1992)
Olympic final
August 8, 1992, Barcelona Games; United States 117, Croatia 85
Jordan box score
23:00 min, 10-16 FG, 0-2 3P, 2-2 FT, 22 PTS, 3 REB, 1 AST, 2 STL, 0 BLK, 2 TOV
1992 Olympics
8 games, 51-113 FG, 14.9 PPG, 2.4 RPG, 4.8 APG; gold medal
Production
No production figures have been published

Timeline

  1. The Air Jordan 7 is released at $125, without visible Nike Air branding.

  2. Jordan wins his second straight NBA title in the Air Jordan 7.

  3. The Dream Team beats Croatia 117-85 for gold; Jordan scores 22.

  4. The Olympic 7 is retroed for the first time, for the Athens Games.

  5. A 'For the Love of the Game' Olympic version swaps the 9 for a heart on the heel.

  6. The 2012 Olympic retro releases at $160 for the Dream Team's 20th anniversary.

  7. A 'Tinker Alternate' Olympic 7 follows an unused Hatfield design.

  8. A collaboration marks the Dream Team's 30th anniversary.

  9. Lowest listed asking price at a U.S. sneaker retailer: $625.

The world in 2012

  • The Miami Heat beat Oklahoma City for the NBA title; LeBron James is Finals MVP.

  • The London Olympics open; the United States wins 46 gold medals.

  • Michael Phelps wins a record 19th Olympic medal.

  • NASA's Curiosity rover lands on Mars.

  • Hurricane Sandy's storm surge hits New Jersey and New York.

  • Barack Obama is reelected president.

Price record

DatePriceKind
Oct 3, 2026$625Asking price, not a saleLowest listed asking price at a U.S. sneaker retailer on this date.

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 7 Retro 'Olympic' is number 60 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 (85 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • The Air Jordan 7 was the first Air Jordan with no Nike Air branding on the outside.
  • The '9' on the heel is Jordan's Olympic number, not his Bulls 23.
  • The Dream Team's closest Olympic game was a 32-point win.
  • Jordan averaged only 14.9 points in Barcelona, sharing the ball with 11 other stars.
  • Jordan Brand made Olympic 7 player exclusives for four Team USA players at the 2004 Athens Games.
  • The 2010 Olympic 7 put a basketball-shaped heart on the heel instead of the 9.
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