Sports memorabilia has become big business over the last few years, and a major item just sold for a massive price at auction.
According to reporter Darren Rovell, the jersey that Michael Jordan wore in his first professional game sold for $4.21 million at a Sotheby's auction.
Jordan wore the jersey in his NBA preseason debut on October 5, 1984 against the Indiana Pacers. It's now among the top three Jordan jerseys in terms of sale at auction, with the most valuable being his Game 1 jersey from the 1998 NBA Finals.
BREAKING: Michael Jordan's pro debut jersey sells for $4.21 million at @Sothebys.
— Darren Rovell (@darrenrovell) March 26, 2025
It sold in 1985 for just $800. https://t.co/wqoi3i2heK
That uniform sold for $10.1 million in 2022.
Jordan scored 18 points on that day in October of 1984, and he wore the jersey in his second and third preseason games before it was cast aside. It wound up at a charity auction for the then-Washington Bullets, when someone bought it for $800.
It sold again in 2009, with the description from the Bulls' former PR director of "the very first jersey this organization issued Michael Jordan.” That year, the jersey sold for $66,000 at a Grey Flannel auction.
“You sort of have this virality element where you can own the things from the moment,” said Brahm Wachter, the SVP of modern collectibles at Sotheby's.
“As the social presence for the NBA has grown ... I think that's partially what makes these NBA jerseys so desirable. It's like you can own that moment that you see on social.”
A lucky fan now has the jersey that the greatest of all time wore in his very first steps on an NBA court. We'll see if it sells again for a higher price down the line, but it's certainly a unique piece of sports memorabilia.
In an age of breaks and pack openings for cards, helmets and everything in between, it's clear that a verified historical item can still make headlines for its sale price at an auction.
The most expensive sports-related auction came in 2024, when someone purchased Babe Ruth's iconic "Called Shot" jersey from the 1932 World Series. The jersey was sold for a staggering $24.12 million last August.
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