Collecting sports memorabilia is a common hobby among very avid sports fans. Signed jerseys, balls, and all sorts of other game-worn stuff are among the most common things you can find on sports auctions. One uncommon collectible that appeared on GottaHaveRockandRoll.com is a photocopy of Michael Jordan's first contract with the Chicago Bulls. It sold at a ridiculously high price of $57,068.
Take a look at a scan of the contract for Michael Jordan below, per Darren Rovell of The Action Network.
Someone paid $57,068 for a COPY of Michael Jordan’s first contract with the Bulls at @gottahaverock auction. Contract had no live ink. Was a photocopy. This market is nuts. pic.twitter.com/90vYV96j2L
— Darren Rovell (@darrenrovell) August 2, 2020
You read that right. That's not the original copy of the six-time NBA champion's contract. It's just copy. Yet, it still managed to sell over $50-grand. Unbelievable. That is the power of Michael Jordan.
Could a photocopy of the photocopy sell for an insane amount as well? Whoever bought that should at least try.
The value of Michael Jordan collectibles skyrocketed during “The Last Dance” series, which documented the Chicago Bulls 1997-98 season.
On the premiere night of the ESPN's 10-part documentary, Michael Jordan's Dream Team uniform reportedly sold for $216,000. In addition, Jordan's game-worn jersey in the 1996-97 season sold for $288,000. Moreover, recent reports suggested that Jordan's first jersey could fetch nearly half a million dollars.
Looking at the numbers, especially with the photocopy of the Michael Jordan contract, any collectible related to the GOAT carries pretty insane value. This, however, carries nothing in comparison to a LeBron James rookie card that reportedly sold for a record-setting $1.8 million.
It's truly insane how much money some people are willing to shell out for these kinds of things. But if you happen to have that kind of money lying around, might as well spend it on valuable sports items. I'm not so sure about the photocopy of Michael Jordan's contract, though.
Michael Jordan has this magnetism which makes anything associated with him carry far more resonance than the same items for everyone else in the world.
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