Michael Jordan jersey to fetch $4-6M in New York City auction

The Manila Times

Michael Jordan jersey to fetch $4-6M in New York City auction   Michael Jordan’s game-worn red jersey from the 1996-1997 basketball championship season with the Chicago Bulls is going on the Sotheby’s chopping block on Oct. 23, 2024 in New York as part of the 'Colossal - The Ultimate Jordan Collection' auction. In addition to the red jersey, Sotheby's is also auctioning five other Michael Jordan 'relics,' including two white Chicago Bulls jerseys, a flag that the player wore when he received his gold medal in the 1992 Olympics, and a warm-up top and sneakers from his days at the University of North Carolina.   REUTERS VIDEO   Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe    Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital    Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein    #TheManilaTimes  #tmtnews  #michaeljordan  #sothebys

Transcript

00:00So I'm standing in front of Colossal, which is a Michael Jordan jersey from the 96, 97

00:19NBA season.

00:21It's one of the most extensively worn Michael Jordan jerseys ever to come to market.

00:26It was worn sort of during the peak of Michael Jordan's power, so worn right after the movie

00:34Space Jam came out, so he was at the peak of his fame.

00:38And it was worn for five months, so nothing like this has ever come to market.

00:43It's the only jersey from his first five championships in red that has ever come to auction.

00:50So it's a very special jersey.

00:52We like to call it a unicorn, and its estimate is $4 to $6 million.

01:13He was at the peak of his fame, and this was really one of the most popular items of clothing

01:18in the entire world at the time.

01:20You can see children walking around with the red Michael Jordan jersey, the championship

01:26logo, and it was from the 50th anniversary season, so you can see on the jersey that

01:31there is a gold emblem on it, which is one of the only instances of this happening ever

01:38with NBA jerseys.

01:39So it's a very special jersey.

01:42It's one of a kind, and it's estimated to go for $4 to $6 million at the end of the month.

01:50This is also an incredibly rare artifact, so no red jersey from the first five championship

02:13seasons of Michael Jordan has ever come to market.

02:17So it's an incredibly rare piece, and it's also been extensively used, which collectors

02:25love.

02:26So it was used for 17 games.

02:28After the season, Michael Jordan usually switched jerseys every single game, so this is sort

02:33of one of the last of its kind in that he used this for five months, so it was essentially

02:39half of the season, which is also an incredibly rare characteristic for a jersey like this.

03:09So, we see people from all over the collector community, so there's obviously huge basketball

03:24fans who understand the historic significance of a jersey like this, but there's also people

03:31who grew up in the 90s and have a certain nostalgia for pieces like this, and as I said,

03:37it's a sports artifact as much as it's a pop culture artifact, so people who understand

03:43Michael Jordan's significance within pop culture will certainly be bidding on this.

04:37It also features four other items, including two Michael Jordan jerseys, so one from the

04:431998 Last Dance playoffs, game one of those playoffs, as well as a jersey worn extensively

04:52throughout the 88-89 season.

04:55Those are both white Chicago Bulls jerseys, incredibly rare.

05:00We also have the flag that Michael wore when he was receiving his gold medal in the 1992

05:07Olympics when he was part of the Dream Team.

05:10He famously covered up the Reebok logo with the flag during that ceremony because he was

05:17a Nike athlete and very loyal to Nike.

05:20And then lastly, we have a warm-up top and sneakers that he wore during his time in college

05:27at the University of North Carolina.

05:30So those are the five, sorry, those are the four other lots that we have in the sale.

05:37They're all incredibly rare artifacts from throughout Michael Jordan's career.

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