The announcement came on the heels of a rumor that Nike was planning to launch a shoe featuring an innovative automated lacing system that the company patented sometime last year. Fans had been clamoring for such a shoe for several years and had even put together an online campaign a few years ago called “McFly 2015, Make it Happen.” The result was thousands of signatures urging Nike to bring the shoe to market. So you can imagine their excitement over the MAG, with some fans going so far as hailing the MAG’s arrival to be nothing short of historic.

(via Associated Press)

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Fans of the hit movie “Back to the Future” are getting a real kick out of Nike’s latest creation.

This report has been updated: While an earlier bidding war for a pair of Nike MAG sneakers brought the price to $75,100, that figure has since been re-adjusted. The ad states that only pre-approved buyers are allowed to place a bid.

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Boasting an electroluminescent outsole, space-age materials and a 3,UGG Discount Classic Tall Boots cheap ugg free shipping,000-hour rechargeable battery, the Nike MAG is designed to be an exact replica of the futuristic shoes worn by Michael J. Fox’s character Marty Mcfly. It even lights up, however, some may be disappointed to learn that a pair can end up costing as much as a new car. And even so, the shoes still won’t lace themselves.

Here’s an example of power laces developed by DIY inventor Blake Bevin:

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And for those who had been hoping for a bonafide self-lacing version, you might still get your wish. According to the the FAQ section of the Ebay ad,ugg halendi, the vendor representing Nike (AuctionCause) stated that the “power-lace” feature should be available in, you guessed it, 2015. Still, I’m assuming you’d probably have to be the type that has a time-machine capable of predicting the stock market to even considering running around in something this expensive.

Related: Is time travel possible?

As of Thursday evening, Nike put 1,500 pairs of the limited edition sneakers up for auction on eBay. Prospective buyers have until Sept. 18th, with the bidding battle to snatch up a pair is on pace to reach five figures. All proceeds from the sale will go to the Michael J. Fox foundation for Parkinson’s Research.

“This is the biggest thing that has happened to sneakers since Michael Jordan,UGG Australia discount code, UGG coupon codes, UGG, hands down,” Matt Halfhill of nicekicks.com told the Associated Press. “Other than the birth of one of my children, I wouldn’t have missed this for anything.”