Michael Jordan Olympic jersey fetches $3.03 million at auction

U.S. basketball player Michael Jordan (2nd R) flashes a victory sign as he stands with team mates Larry Bird (L), Scottie Pippen and Clyde Drexler (R), after winning the Olympic gold in 1992 | Photo Credit: Reuters / Ray Stubblebine

SPORTS GIST Michael Jordan Olympic jersey fetches $3.03 million at auction

Shafic Kiyaga 22:28 - 25.05.2023

The jersey holds immense significance as it represents Jordan's participation in the historic "Dream Team" that showcased the talents of basketball icons such as Larry Bird and Magic Johnson.

Basketball fans witnessed yet another record-breaking auction as a jersey worn by legendary player Michael Jordan during the 1992 Summer Olympics sold for an astounding $3.03 million.

The online auction, conducted by Goldin, a leading collectibles marketplace, attracted considerable attention from enthusiasts and collectors worldwide.

The jersey holds immense significance as it represents Jordan's participation in the historic "Dream Team" that showcased the talents of basketball icons such as Larry Bird and Magic Johnson.

The 1992 Olympics marked the first time NBA players were allowed to compete, and the United States assembled an unparalleled roster of extraordinary athletes.

Dominating the tournament in Barcelona, the Dream Team secured the gold medal in convincing fashion.

Among the array of jerseys available in the auction, the particular one worn by Jordan during the semi-final match against Lithuania garnered considerable interest.

This unique piece of memorabilia allowed fans to own a tangible connection to a pivotal moment in Jordan's career and the team's journey to Olympic triumph.

It is worth noting that this is not the first time a Michael Jordan jersey has fetched an exorbitant price at auction.

In September of a previous year, another jersey worn by Jordan during the opening game of the 1998 NBA Finals was sold for an astonishing sum exceeding $10 million.

This sale set a new record, solidifying its place as the most expensive piece of game-worn sports memorabilia in history.

These remarkable auction prices highlight the enduring impact and popularity of Michael Jordan, who remains an iconic figure in the world of basketball.

His contributions to the sport, both on the international stage and in the NBA, have solidified his status as one of the greatest players of all time.