The bidding war has already begun on five pairs of Nike "All Black Everything" sneakers created by Jay-Z.
The limited edition kicks are being auctioned off as part of the World Basketball Festival with each pair representing one of the five countries participating in the event: the United States, France, Brazil, China and Puerto Rico.
Aside from the 5 pairs donated by Nike, Jay is the only person in the world to own all 5 of the sneakers, making this auction extra special for any shoe collector.
So far each shoe has a bid of over $1,000 and proceeds will benefit Jay-Z's charity The Shawn Carter Foundation
CLICK HERE to check out the auction.