Michael Jordan jersey sets $14M US record for basketball memorabilia, auction house says
A game-worn, autographed Michael Jordan road jersey from the 1998 NBA Finals has been privately sold for $14 million US, an auction house announced Monday, calling it the highest price ever paid for a piece of basketball memorabilia.
A privately sold game-worn, autographed Michael Jordan road jersey from the 1998 NBA Finals has shattered the record for basketball memorabilia sales, according to auction house Hunt Auctions. The red jersey, worn by Jordan during Game 2 of the series on June 5, 1998, was recently auctioned for a record-breaking $14 million. The buyer of the historic jersey is Miami real estate investor Ron Firman.
The sale underscores Jordan's unparalleled status in the sports memorabilia market, with the auction house president, David Hunt, stating that Jordan's memorabilia has now reached the elite tier typically reserved for renowned works of art. This record-setting sale marks at least the third instance where a Jordan jersey from that finals has fetched at least $10 million.
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