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4d ago

Kevin O’Leary Reveals Syndicate Behind $12.9 Million Jordan–Bryant Card Purchase

Authenticated autographs plus game-worn logo patches drove the one-of-one card’s record result despite a modest PSA 6 grade.

The card features the logo patch worn by Michael Jordan during the 1996-97 season, in which he won his penultimate NBA Championship.
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Overview

  • The 2007–08 Upper Deck Exquisite Dual Logoman autographed card sold for $12.932 million at Heritage Auctions in Dallas, setting a new record for a sports trading card.
  • O’Leary said on CNBC that he teamed with Matt Allen and Paul Warshaw to buy the card as a syndicate after the auction house initially withheld the buyer’s identity.
  • The one-of-one piece features verified signatures and NBA logo patches from Michael Jordan and Kobe Bryant, with Jordan’s patch from the league’s 50th anniversary season in 1996–97.
  • Heritage recorded 82 bids as the lot more than doubled its roughly $6 million pre-sale estimate, underscoring how rarity and provenance can outweigh condition for unique items.
  • The price surpasses the $12.6 million 1952 Topps Mickey Mantle card and ranks second among sports memorabilia to Babe Ruth’s 1932 “called shot” jersey at $24.12 million.