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Michael Jordan 1998 Finals Jersey Sells for $14 Million

The private sale reflects rising investor demand for 'Last Dance' artifacts because photo‑matching and a tight chain of custody have driven prices into elite collectible territory.

Overview

  • The private treaty sale, which Hunt Auctions announced Monday, transferred Jordan’s autographed Game Two road jersey from the 1998 Finals to Miami investor Ron Firman for $14 million.
  • Hunt Auctions said the jersey was photo‑matched to the June 5, 1998 game by MeiGray and SIA PhotoMatch and has a concise provenance that saw only one ownership change since the Bulls sold it in 2003.
  • The auction house described the price as a world record for basketball memorabilia and the second‑highest known amount paid for any game‑worn sports jersey, behind Babe Ruth’s 1932 jersey.
  • This sale is at least the third 1998 Jordan Finals jersey to top $10 million, following a Game One jersey sold for about $10.1 million in 2022 and a reported Game Three sale near $12.3 million last month.
  • Collectors and investors are treating authenticated 'Last Dance' items as an elite asset class, a trend that puts auction houses and authentication firms at the center of future high‑value transactions and could keep valuations rising.