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Michael Jordan’s ‘Last Dance’ jersey fetches a record $10.1 million

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Written by Jack Man, CNN

Contributors Oscar Holland, CNN

This story was up to date with the ultimate sale value and different particulars following the public sale

A jersey worn by basketball star Michael Jordan throughout one of the well-known seasons in his NBA profession offered for a file $10.1 million at a New York public sale Thursday.

The eight-figure sum was greater than double preliminary estimates, setting a brand new public sale file for a chunk of game-worn sports activities memorabilia, in accordance with Sotheby’s, which organized the sale.

Jordan wore the Chicago Bulls jersey in Sport 1 of the 1998 NBA Finals, the end result of a well-known season referred to as “The Final Dance” that featured in a 2020 ESPN and Netflix documentary sequence of the identical identify. On June 3, 1998 Jordan pulled on the jersey for a sport in opposition to the Utah Jazz, scoring 33 factors in 45 minutes in a Bulls loss.

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The Bulls went on to win the championship regardless of main inside divisions that had affected their season, with Jordan gaining his sixth NBA winners ring.

Michael Jordan’s game-worn 1998 NBA Finals jersey on show throughout a press preview at Sotheby’s on September 06, 2022. Credit score: Alexi Rosenfeld/Getty Photographs

It’s one in every of solely two of his jerseys worn in a finals sport to ever seem at public sale, mentioned Sotheby’s, which billed it as “one of the vital objects from Michael Jordan’s profession.”

In a press release, Brahm Wachter, Sotheby’s head of streetwear and fashionable collectables, mentioned the sale “solidifies Michael Jordan because the undisputed GOAT (best of all time), proving his identify and incomparable legacy is simply as related because it was almost 25 years in the past.”

Previous to the sale, Wachter had referred to as the 1997-1998 season “maybe one of the standard amongst Jordan followers, as Michael was reaching the peak of his talents whereas concurrently pursuing what he understood could be his final likelihood at an NBA Championship with the Chicago Bulls.”

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“The season itself is his ‘magnum opus’ as an athlete, and a testomony to him as a champion and competitor,” he added in a press launch. “Finals jerseys from Jordan are remarkably scant, and the 1997-1998 Finals are arguably essentially the most coveted of all of them.”

Michael Jordan with Scottie Pippen on courtroom throughout Sport 1 vs Utah Jazz on the Delta Heart in Salt Lake Metropolis. Credit score: John W. McDonough/Sports activities Illustrated/Getty Photographs

The pre-sale estimate of $3 million to $5 million was the very best ever for a Jordan jersey, or any piece of Jordan memorabilia, the public sale home had mentioned.

The $10.1 million sale value realized on Thursday means it’s now the most costly basketball jersey ever to promote at public sale, far surpassing the $3.7 million paid for one in every of Kobe Bryant’s final yr. The merchandise additionally broke the game-worn sports activities memorabilia file held by Argentinian soccer legend Diego Maradona’s shirt from the 1986 World Cup quarterfinal in opposition to England, mentioned Sotheby’s. The blue soccer jersey was offered to an nameless purchaser for $9.3 million earlier this yr.
In October 2021, a pair of Nike Air Ships sneakers, worn by Jordan, offered for $1.47 million at public sale. The basketball star wore the purple and white sneakers throughout his fifth NBA sport in his rookie season with the Chicago Bulls on November 1, 1984.

The sneakers set a world file for the very best value achieved for a pair of sneakers at public sale, in accordance with Sotheby’s. Additionally they grew to become the primary pair of sneakers to promote for greater than $1 million at public sale.

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