Found September 15, 2012 on The Victory Formation:

From The Victory Formation:

People like to buy useless items that were once the property of celebrities. This is one of those items. Michael Jordan’s signed, but expired, American Express card will be up for auction on Oct. 10, and bidding will begin at $1,000.

What did Jordan buy with this? Did he buy a new set of Mizunos or Pings to ease the pain of being fired by the Washington Wizards? I can only imagine the haphazard spending that went on with this card. After all, AMEX doesn’t have a credit line, since you have to pay it off at the end of the month, no matter what the balance. But this is the question I have, how is this not the “Black Card.” You know about the “Black Card,” right? Seems like that would be the only card someone with his net worth would have. It is actually the “Centurion Card.” It is made of titanium, and gives ridiculous benefits. But you have to spend somewhere in the neighborhood of $25k a month. There is also a $2,500 yearly fee, on top of the $7,500 start-up cost. This appears to be just the standard AMEX Rewards card. At least he could waive insurance when renting a car.  One more thing; he was only a member since 2003?

Along with the AMEX card, several other items will be up to bid on, such as Jordan’s Chicago Bulls home jersey from the team's 72-10 season, along with a game ball signed by the 1934 New York Yankees. Sports items are not the only thing you can throw your money away on, you could also attempt to buy Civil War military appointment signed in 1864 by President Abraham Lincoln. You can bring that with you to the premiere of Steven Spielberg’s “Lincoln.”

 

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