$10.1 million Michael Jordan jersey Sotheby’s Record memorabilia

A worn 1998 NBA Finals jersey “The Last Dance” by Michael Jordan from Game 1 is on display during a press preview at Sotheby’s on September 6, 2022 in New York City.

Alexi Rosenfeld | Getty Images

The jersey worn by basketball legend Michael Jordan in Game 1 of the 1998 NBA Finals sold for $10.1 million, breaking the record for sports memorabilia worn at a game.

The jersey is also the most expensive Jordan item ever sold, surpassing an autographed postcard that sold for $2.7 million. Sotheby’s expected the winning bid to be up to $5 million, but 20 bids resulted in the price doubling that estimate.

Jordan wore the jersey on his way to his sixth NBA championship with the Chicago Bulls, a journey chronicled in the hit television series The Last Dance. At the time, the 1998 final was the most watched in history as audiences from all over the world tuned in to see the star’s final run with the likes of Phil Jackson, Scottie Pippen, Dennis Rodman and Steve Kerr.

The Bulls lost the game that featured the $10.1 million jersey to the Utah Jazz despite Jordan scoring 33 points. The game was played in Utah and the Bulls donned their iconic red road jerseys. The Jordan-led team won the series 4-2, and Jordan became the sixth NBA Finals MVP.

Earlier this year, Diego Maradona’s controversial goal shirt “God’s hand” goal against England at the 1986 World Cup sold for $9.3 million.

Sotheby’s signaled a “new generation of collectors” by announcing the sale of a Jordan T-shirt on Thursday. In addition to physical collectibles, the New York auction house has been looking to modernize, auctioning off NFTs and even showing off its own location in the metaverse.

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