The ever-lasting effect of Michael Jordan is felt often these days. From buying his jerseys, sneakers and the like, fans have now started a new method to show their craze for the six-time champion. It involves auctions. Previously Jordan’s game-worn jerseys, finals jerseys, and shoes made wonders at the auction. Some were even sold for more than a million, which stunned the NBA world. Well, looks like it’s not going to end anytime soon. Considering the rate and amount at which these iconic products are being sold, Jordan might just add a few more million to his hefty net worth.?
Just a week ago, Jordan acquired a massive feat in the NBA, that no other superstar can near for the next decade. Standing at the top as one of the wealthiest athletes in the world, Jordan might add another $175,000 to his net worth.?
Michael Jordan: A star in the auction market
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The NBA has seen a lot of superstars with a loaded net worth. Shaquille O’Neal, Magic Johnson, LeBron James, etc. However, Michael Jordan is at the top with a humongous $3.5 billion net worth. All things considered, the Chicago Bulls legend has earned a badge for it now.?
According to reports from Bloomberg, the 6-time champion is now officially the wealthiest NBA player ever!
His collaboration with Nike to create ‘Air Jordan’ has been the backbone of this massive wealth. With a 5% royalty pay, Jordan continues to earn around $250 million every year only with the sales of Air Jordan. However, there are other aspects too!?
In yet another sale, Jordan’s photo from his debut in October 1984 has now sold for an impressive $175,000. It’s not just a normal one, but a type 1 photo which is developed from the original negative.
This Type 1 Photograph of Michael Jordan from his NBA Debut just sold for $175K, the record for any Jordan photo.
The previous record came just a few weeks ago, when another Type 1 Photograph sold for $141,954.
How PSA classifies photos into 'Types' (w/ examples of each) 👇 pic.twitter.com/gw8SrOSvJ6
— Rally (@OnRallyRd) August 29, 2023
In the picture, Jordan is seen driving vigorously to the basket with his tongue out.?
A look into previous expensive sales?
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Over the years, Michael Jordan memorabilia has been sold for a total of over $15 million!
In September 2022, Jordan’s jersey from the ‘Last Dance’ was sold at an exorbitant $10.1 million. The jersey was worn by the NBA legend for game 1 of the Finals against the Utah Jazz in 1998.?
Another game-worn Air Jordans were sold at $2.24 million. This was worn by Jordan in the game 2 of the 1998 Finals. At last, the game-worn shoe from the world-famous ‘Flu-game’ was also sold for $1.3 million a few months back.?
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Now you can understand the ever-lasting craze behind Michael Jordan. What are your thoughts on this new sale? Share in the comments below.