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Iconic Michael Jordan Memorabilia From 1998 NBA Finals Series Could Fetch a Whopping 7 Figure Amount From Auction

Published 08/11/2022, 2:30 PM EDT

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A rare and historic jersey worn by Michael Jordan in the 1998 NBA Finals could go for $5 million in an upcoming auction, recent reports suggest. The Bulls superstar’s game-worn jersey will be up for bidding from the sixth to September 14th, in an auction arranged by Sotheby’s. According to the auction authorities, Michael Jordan wore the jersey in Game 1 of the 1998 Finals.

The Chicago Bulls defeated the Utah Jazz 4-2 in the 1998 NBA Finals to clinch their second three-peat in the 90s. Michael Jordan secured the MVP trophy of the Finals after a dazzling performance throughout the series. With the series win over Utah, Jordan would bag his sixth NBA championship ring and sixth Finals MVP award.

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The 1997-98 season marked one of the most difficult campaigns for MJ and his Bulls. As it turns out, the team managed to get over the hump despite several internal rifts that plagued the franchise at that time. Hence, the 1998 Finals proved to be one of the most enduring testimonies of Jordan’s greatness.

Game-Worn Michael Jordan jersey expected to go for $5 million

The jersey up for auction was worn by Michael Jordan in Game 1 of the 1998 Finals, held on the third of June in Salt Lake City. The Chicago Bulls lost the game 85-88 in overtime.

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However, Jordan dropped 33 points, shooting 44.8% from the field. Such a dominant performance on the road from the Bulls leader would really set the tone for the rest of the series. In fact, the Bulls would go on to bag the second road game to level the series 1-1.

According to Sotheby’s, this is only the second game-worn Finals jersey of MJ to ever be up for auction. The 1997-98 season gained traction among the masses after the blockbuster success of Netflix’s The Last Dance. In other words, the docuseries captured the tensions and conflicts within the franchise during the Bulls’ last championship win.

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As it turns out, the jersey has generated an estimated value of about $3 to $5 million. Such a staggering price range is unprecedented in the history of Jordan memorabilia sales.

The 1998 NBA Finals

The auction house has ascribed the exorbitant price of the clothing to the intrigue of the 1997-98 season. “Finals jerseys from Jordan are remarkably scant, and the 1997-1998 Finals are arguably the most coveted of them all,” according to Brahm Wachter of Sotheby’s.

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Do you think such a massive price is justified for a game-worn Finals jersey of MJ? Let us know in the comments.

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Written by:

Satagni Sikder

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Satagni Sikder is an NBA writer for EssentiallySports. He has a Master's degree in English from Jadavpur University, Kolkata, and has been following the NBA since 2017. Moreover, he supports the Dallas Mavericks, and unsurprisingly, Luka Doncic is his favorite player.
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Edited by:

Pritam Priyedarshi