Overview
- Hunt Auctions announced on Monday that a game-worn, autographed Michael Jordan road jersey from Game 2 of the 1998 NBA Finals was sold by private treaty for $14 million to Miami real estate investor Ron Firman.
- The auction house said the jersey was photomatched by MeiGray and SIA and carries chain-of-custody documents that trace back to a 2003 purchase directly from the Chicago Bulls.
- Hunt framed the price as a world record for basketball memorabilia and the second-highest known sale for any game-worn jersey behind Babe Ruth’s 1932 jersey, which sold for $24.12 million in 2024.
- This transaction follows recent high-dollar sales for Jordan’s 1998 Finals jerseys, including a Game 1 jersey for about $10.1 million in 2022 and a Game 3 jersey for roughly $12.3 million last month, showing concentrated demand for items tied to his ‘Last Dance’ season.
- Collectors and dealers say authenticated provenance and private treaty deals are driving prices higher but also reduce public transparency, which could push more big-ticket sales into negotiated sales rather than public auctions.