A jersey worn by Michael Jordan during the 1998 NBA Finals has changed hands for a staggering $14 million, setting a new record for basketball memorabilia, according to auction house Hunt Auctions.The company confirmed on Monday that Ron Firman, a Miami-based real estate investor, acquired the historic item through a private transaction. Jordan wore the red Chicago Bulls jersey in Game 2 of the Finals against the Utah Jazz, helping his team secure a victory that levelled the series at 1-1. The Bulls eventually prevailed in six games, capturing their sixth NBA championship and the final title of Jordan’s legendary career.A piece of Michael Jordan history just sold for a staggering $14 million. His autographed, game-worn Chicago Bulls jersey from Game 2 of the 1998 NBA Finals set a new record as the most expensive piece of basketball memorabilia ever sold. 📷 Getty, Hunt Auctions https://t.co/KQ37SyU9De— Complex (@Complex) October 12, 2026 That memorable 1997-98 campaign later became the focus of The Last Dance, the documentary series that attracted enormous attention after arriving on Netflix in 2020.David Hunt, president of Hunt Auctions, highlighted the growing value of Jordan-related collectibles following the record-breaking deal.“While Michael Jordan’s importance within the sports memorabilia marketplace has long been established it has now escalated to an elite asset class more typically reserved for iconic works of art,” said David Hunt, president of Hunt Auctions. “We are very pleased to have been able to facilitate this historic sale which serves as another benchmark for our industry.”Despite the extraordinary price, Jordan’s jersey ranks second among the most expensive game-worn sports shirts ever sold. The record belongs to a New York Yankees jersey worn by Babe Ruth during the 1932 World Series, when he hit his famous “called shot” home run against the Chicago Cubs. That piece of sporting history fetched $24.12 million in 2024.##EDITORS_CHOICE##The latest transaction also marks at least the third occasion that a jersey from Jordan’s 1998 Finals run has commanded a price of $10 million or more. A shirt worn in Game 1 sold for approximately $10.1 million at auction in 2022, while another from Game 3 brought in around $12.3 million last month.Firman expressed his enthusiasm about adding the iconic item to his collection.“Michael Jordan was an incredibly talented player who is admired around the world.” Firman said in a statement. “I’m very excited about the purchase". Hunt revealed that the jersey was purchased directly from the Chicago Bulls by a private collector in 2003. According to the auction house, its ownership history has remained exceptionally well documented, as it “has remained within a succinct chain of custody having only changed hands once from the original purchaser.”Jordan’s final campaign with the Bulls continues to fascinate memorabilia collectors, with items linked to that historic season commanding enormous sums. In 2023, a pair of Air Jordan sneakers worn by the basketball icon during Game 2 against the Utah Jazz fetched $2.2 million at a Sotheby’s auction. The sale was celebrated at the time as “a new world record for the most valuable sneakers ever sold.”02.30: (2.05) Bucaramanga (3.35) Aguilas (3.40)