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Nike Air Yeezy 2 “Red October” Prices Soar On eBay After Selling Out In Minutes

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Nike Air Yeezy 2′s are officially here! Or at least they were for a brief moment.

It appears “Red October” has come in February this year, with the impromptu release of Kanye West‘s Nike Air Yeezy 2′s. The highly anticipated rare kicks were released on the Nike website on Saturday, Feb. 9 at 1:00 p.m.

Nike made the big announcement to avid sneakerheads via Twitter, posting that the trendy red sneaker was available for purchase. It definitely didn’t take long for the news to spread.

In a matter of minutes, the announcement had been re-tweeted more than 5,000 times. However, by the time the message had matriculated around the social media network, half of Nike’s stock was probably already sold.

According to Vibe Magazine, by 1:15 p.m., just 15 minutes after the announcement, the multinational shoe corporation had been wiped out! To be more precise, just 11 minutes after 1, Nike had sold out. As quickly as the announcement came, it was followed by yet another saying that the full stock of Air Yeezy 2′s had been sold.

While, some fans may have been quite upset by the quick sales, a number of eBay sellers have created a silver lining – or maybe not. Several eBay outlets have taken advantage of the popular sneaker’s supply shortage. However, the price gouging is astronomical. Spin Magazine reports that Air Yeezy 2 prices on eBay are ranging from a $10,000 Buy It Now auction price to a U.K. eBay auction price where the shoe is netted at a staggering £10 million, which equates to $16.4 million USD.

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Although West’s relationship with Nike has been a bit turbulent with the rapper bashing Nike for his limited control where design creativity and marketing is concerned, it appears those problems have abated.

The Yeezus rapper later issued a brief statement of apology to Nike for his insults by showing gratitude for the launch of the Air Yeezy 2′s.

“I’m still gonna do music but I really do feel honored to have had the chance to blow Yeezy up with Nike and I really appreciate everything they did for me,” he said. “I’m not knocking them on the way out or burning no bridges, you know, I apologize for my frustration earlier. I just think it’s time. It’s go time. It’s turn up time.”

Image via Facebook | Nike Wikipedia | Kanye West

Nike Air Yeezy 2 “Red October” Prices Soar On eBay After Selling Out In Minutes
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  • Guest

    Black people are morons. There sneakers people. Must be all the years they spent in Africa and as slaves barefoot that has made them idiotic when it comes to footwear.

    • Ɗj 13røωn§ugα™

      How do you know they are black?

      • Mike C

        Most of us whiteys buy cheap shoes. C'mon you know as well as I do black teens go freakin nuts over these stupid shoes.

        • Sean Jones

          "Most of us whiteys" Really trailer trash? Not all people shop at the dollar store like you do.

    • Guest

      Actually you look like the racist moron. Refer back to middle school English, it's they're as in they are not there. Jackass.

      • fernando

        You're cool as hell, grammer police. Bitch ass ma'fucka

  • MarcusG

    Mike C
    That was a very tasteless comment. I would hope one day you are educated. You should be ashamed to assume that all the buyers were black people. Also, find one black person who spent years in Africa and as slaves barefoot. Some people just want to be ugly. They don't care if they make sense or not. Pure evil

  • Myles White

    also it's the rich white kids that make their parents go out and buy them.. sorry if you don't know that, but a lot of black artist rappers make the most money off the whites.. what color do you mainly see at these sold out concerts.. mostly whites why?? they have the money.. sorry but your fellow whites are becoming more and more like niggas everyday.. you see it whites wanna be black.. look at Justin and Hanna Montana.. that's yall future and look whats going on.. I don't care about race. I been around whites, blacks, Asians ect, and some acted like niggas too so being a nigga is a characteristic.. and sorry to say but the whites are taking that characteristic and running with it.. so you can say what you want about black.. people are all just dumb… (whats the color of stupidity, ignorance ) all colors…

  • guest

    Has any individual thought about shoe collecting being a hobby? Just like some collect cars while others collect wine. There are individuals who collect shoes. The ethnic background of individuals who collect shoes as a hobby varies. So unless you have an idea of what you are talking about cut the conjecture and worry about yourself. Check out MSX on Facebook!