Michael Jordan Dream Team jersey sells for $216,000 on ‘The Last Dance’ premiere night
More than a few folks capitalized on the buzz surrounding Bulls legend Michael Jordan, but perhaps none more so than Robert Edward Auctions, who just sold MJ’s Dream Team jersey for a whopping $216,000, per Scott Gleeson of USA TODAY.
Here’s a look at the piece of memorabilia that just cost close to a quarter of a million dollars:
Robert Edward Auctions has a game-worn, signed Michael Jordan Dream Team Jersey up for bid. Starting price: $25,000. Your kids don’t REALLY need college, now do they? pic.twitter.com/VdvxGwUnsZ
— Jay Busbee (@jaybusbee) April 7, 2020
As mentioned in the tweet above, the starting bid was “just” at $25,000, and it obviously ballooned from there on out.
The Bulls legend wore this particular jersey during the 1992 Summer Olympics in Barcelona, Spain — a tournament that an MJ-led Team USA dominated from start to finish en route to winning the coveted gold medal.
Brian Dwyer, the president of Robert Edward Auctions, tried to shed some light as to why anyone would spend that much money on a piece of memorabilia at a time like this:
“Michael Jordan is arguably the most iconic athlete of all-time, winning six NBA titles and two Olympic Gold medals,” Dwyer said in a statement. “Collectors relished a rare opportunity to own Jordan’s jersey from the 1992 Dream Team – the greatest basketball team ever assembled.”
That’s one way of looking at it, I guess. Whatever the case may be, this auction house has just earned themselves a boatload of cash, and they surely have to thank “The Last Dance” for bumping up the value of the memorabilia.
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