Jordan 'Last Dance' jersey sells for record £10.6m

Michael Jordan's jersey worn in Game 2 of the 1998 NBA Finals has sold for a record price. The jersey, which is autographed by Jordan, was purchased by Miami real estate investor Ron Firman in a private sale through Hunt Auctions.

The sale price of the jersey is $US14 million, which is equivalent to $20 million Australian dollars. This is the highest price ever paid for a piece of basketball memorabilia, and according to the auction house, the newly sold Jordan jersey ranks as the second-largest sale in history among game-worn sports jerseys.

The 1998 Finals was Jordan's last, and was featured on the popular Last Dance documentary. Jordan and the Bulls defeated the Utah Jazz in six games to win the 1998 championship, the sixth and final title of his career in Chicago.

Game 2, played on June 5, 1998, in Salt Lake City, saw Chicago even the series 1-1 in large part due to a dominant performance from its superstar guard. Jordan put up 37 points, five rebounds, and three assists in a 93-88 victory.

The jersey is one of the most significant pieces of basketball memorabilia in the world, and its sale price reflects its importance. According to David Hunt, president of Hunt Auctions, the record-setting price achieved for the related Michael Jordan jersey is yet another corroborative result as to the significance of Jordan within the industry and popular culture.