Michael Jordan Jersey Sold for $14 Million
A private collector paid $14 million for the jersey Michael Jordan wore during Game 2 of the 1998 NBA Finals.
Updated on Oct. 12, 2026 in Basketball
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A 1998 NBA Finals jersey worn by Michael Jordan has been sold to collector Ron Firman for $14 million. Hunt Auctions facilitated the private treaty sale of the historic Chicago Bulls apparel.
Why it matters
The sale highlights the surging investment value of professional sports memorabilia. It follows a string of record-setting auctions for historic jerseys from the 1998 Finals and other legendary athletes.
The jersey reached a record $14 million sale price, surpassing the $12.3 million achieved by the Game 3 jersey in 2026 and the $10.1 million mark for the Game 1 jersey in 2022. These figures remain well below the $24.12 million record set by a Babe Ruth jersey in 2024.
The players
Michael Jordan
He is a legendary former professional basketball player who led the Chicago Bulls to six NBA championships.
Ron Firman
He is the private collector who purchased the game-worn jersey.
Hunt Auctions
It is an auction house based in Pennsylvania that facilitates the sale of high-end sports memorabilia.
Chicago Bulls
This is a professional NBA team based in Chicago that maintained ownership of the jersey until 2003.
Utah Jazz
They are a professional NBA team that competed against the Chicago Bulls in the 1998 Finals.
The details
Hunt Auctions managed the transaction as a private sale after the item was held by a private collector who had acquired it from the Chicago Bulls in 2003. The jersey was worn by Jordan on June 5, 1998, during the contest against the Utah Jazz.
Timeline
June 5, 1998: Michael Jordan wore the jersey during Game 2 of the NBA Finals.
2003: A private collector purchased the jersey from the Chicago Bulls.
2022: The Game 1 jersey from the same 1998 series sold for $10.1 million.
2024: A historic Babe Ruth jersey was sold for $24.12 million.
September 2026: The Game 3 jersey from the 1998 Finals sold for $12.3 million.
Season Trajectory
This sale reinforces the upward momentum of the sports memorabilia market and highlights how specific Finals-era items continue to appreciate in value. The result cements the 1998 Chicago Bulls championship run as one of the most commercially significant periods in modern sports history.
The $14 million price point confirms that high-end sports memorabilia now frequently trades at levels once reserved for fine art. Collectors should note that items with verified provenance from championship-clinching seasons maintain the highest market ceiling.
The takeaway
The sustained interest in Michael Jordan memorabilia suggests a robust appetite among high-net-worth investors for iconic sports artifacts. Buyers should prioritize items with documented provenance, as authentication remains the primary driver of value in this asset class.
Further reading
For more on the latest market trends, visit our Basketball coverage.
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