By Prof Dr Ian Blackshaw
An iconic red Chicago Bulls shirt, worn by basketball super star, Michael Jordan, during Game 1 of 1998 NBA Finals, has sold by auction for a record sum of US$10.1 million.
This is the highest sum ever paid for a piece of sports clothing; the previous record being held by the shirt worn by Diego Maradona in the 1996 FIFA World Cup, which was sold for US$9.28 million.
According to Sotheby’s auction house, which handled the sale, the Michael Jordan shirt produced 20 separate bids, which drove the price to double its estimate of US$5 million.
The previous record for a basketball shirt was set by the one worn and autographed by the late Kobe Bryant, which was sold in May 2021 for the sum of US$3.6 million.
However, the record for the most expensive piece of sports memorabilia is held by a Mickey Mantle baseball card, which was sold for US$12.6 million last month.
There is certainly a lucrative market out there for all kinds of sports memorabilia!
Prof Dr Ian Blackshaw may be contacted by e-mail at ‘
Sports Law & Taxation features: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Sports Law & Taxation is that this Journal combines up-to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
Global Sports Law and Taxation Reports feature: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Global Sports Law and Taxation Reports is that this Journal combines for the first time up to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
The editors of the Journal Sports Law & Taxation are Professor Ian Blackshaw and Dr Rijkele Betten, with specialist contributions from the world's leading practitioners and academics in the sports law and taxation fields.
Dr. Rijkele Betten
Prof. Dr. Ian S. Blackshaw
Prof. Guglielmo Maisto
Maisto e Associati, Milano
Mr. Kevin Offer
Hardwick & Morris LLP, London
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