Michael Jordan's 1992 Olympic 'Dream Team' Jersey Sells for $216,000

One of Michael Jordan’s game-used jerseys from the 1992 Olympics sold Sunday for $216,000, the second highest public auction price ever for a Jordan jersey https://t.co/MtUnUqRpyg

— Chicago Tribune (@chicagotribune) April 20, 2020

Bids started at $25,000 on April 3, and there were 54 bids over the course of the auction.

“Michael Jordan is arguably the most iconic athlete of all-time, winning six NBA titles and two Olympic Gold medals,” Robert Edward Auctions President Brian 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.”

The jersey was originally sold at a special gala charity auction held by The Michael Jordan Foundation in September 1992 for $17,500, according to REA.

A nice little return on investment.

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