Michael Jordan’s 1998 NBA Finals Game 3 Jersey Sells for $12.26M

A game-worn Michael Jordan jersey from the 1998 NBA Finals has sold at auction for $12.26 million. This sale sets a new record for the most expensive NBA jersey ever sold, highlighting the growing market for high-value sports memorabilia.
Why it matters
The record-breaking sale underscores the increasing cultural and financial value of sports collectibles as a legitimate asset class.
Michael Jordan is still breaking records 23 years (a serendipitous figure) after he left the court. His Airness's game-worn jersey from Game 3 of the 1998 NBA Finals has hammered down for $12.26 million this week via Pharrell's Joopiter digital marketplace and auction house. The garb is now the most expensive game-worn NBA jersey to ever be sold at auction, surpassing Jordan's $10.1 million Game 1 shirt from the same championship for that title. The high price tag makes sense. The 1998 NBA Finals, often referred to as the Last Dance in the wake of the multi-part documentary of the same name, was the most-watched championship series in basketball history, cementing Jordan's legacy in the sport and marking the end of his triumphs with the Chicago Bulls.
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