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Michael Jordan memorabilia auction records

Overview

High-profile memorabilia and assets belonging to Michael Jordan have recently achieved record-breaking prices at auction and through private transactions.

A signed red jersey worn by Jordan during Game 2 of the 1998 NBA Finals against the Utah Jazz sold for $14 million in a private transaction facilitated by Hunt Auctions. Purchased by Miami-based real estate investor Ron Firman, the sale marks the highest price ever paid for a basketball collectible. David Hunt, president of Hunt Auctions, noted that Jordan’s memorabilia has transitioned into an “elite class of investment assets comparable to iconic works of art.” While a record for basketball items, it is the second-highest price ever paid for a game-worn jersey, following a $24.12 million sale of a Babe Ruth jersey in 2024.

In that specific game, Jordan scored 37 points to help the Bulls secure a 93-88 victory, evening the series at 1-1. The Bulls eventually won the championship 4-2. This transaction marks at least the third time a jersey from Jordan’s 1998 Finals series has exceeded $10 million.

Previously, a white jersey from Game 3 of the 1998 NBA Finals sold for $12.26 million, noted as the only known white jersey from that series in the public domain.

In the automotive sector, Jordan’s 1997 Ferrari 550 Maranello sold for $2.7 million, setting a record for that specific model and significantly exceeding initial estimates of $700,000 to $1.3 million. The Rosso Corsa vehicle, which featured a custom-modified driver’s seat to accommodate Jordan’s height, was sold after being held in a private California collection for approximately 25 years.

Entities

Michael Jordan · Chicago Bulls · NBA · Ron Firman · Utah Jazz

Timeline

  1. [SPORTS] 77 sources
    Michael Jordan 1998 NBA Finals jersey sells for $14 million

    A Michael Jordan Chicago Bulls jersey from the 1998 NBA Finals has sold privately for $14 million, setting a new record for basketball memorabilia.

  2. [BUSINESS] 3 sources
    Michael Jordan's Ferrari 550 Maranello sells for record $2.7 million

    Michael Jordan's 1997 Ferrari 550 Maranello sold for a record-breaking $2.7 million at auction, far exceeding its estimated value.

  3. [SPORTS] 2 sources
    Michael Jordan 1998 NBA Finals jersey sells for record $12.26 million

    Michael Jordan’s game-worn 1998 NBA Finals jersey sold for a record $12.26 million at auction, highlighting the surging value of high-end sports memorabilia.

Sources

072info.com · allaboutaris.gr · allgaeuer-anzeigeblatt.de · as.ro · athina984.gr · balla.com.cy · basketusa.com · bild.de · bleacherreport.com · blogdebasket.com · brasilemfolhas.com.br · businessdaily.gr · calle56.com · clubfm.al · delo.si · diario.mx · diariolibre.com · DiePresse.com · dominicanaaldia.com · dominicanrepublicpost.com · eldia.com.do · elinformante.com.do · espreso.co.rs · ethnos.gr · eurohoops.net · fakti.bg · fatoamazonico.com.br · finance.technews.tw · financenet.lv · frontal.ba · gazeta10.com · glas-slavonije.hr · gulfnews.com · hawaiitribune-herald.com · hotnewhiphop.com · ibtimes.com.au · insajder.net · klangi.fi · lajornadasanluis.com.mx · latimes.com · laverdadnoticias.com · makpress.mk · malaysiatribune.news · maps.in.gr · marca.com · medcom.id · mejorinformado.com · meridiano.net

This summary has been updated 3 times: see revision history