LeBron James NBA Finals jersey is expected to fetch up to $5 million

The jersey worn by LeBron James in-game from the Athletes’ victory in the 2013 NBA Finals Game 7 over the Miami Heat is on display during a press preview at Sotheby’s Auction House January 20, 2023 in New York City.

Angela Weiss | AFP | Getty Images

Sotheby’s lists an iconic jersey worn by LeBron James during his victory in Game 7 of the NBA Finals with the Miami Heat over the San Antonio Spurs in 2013.

The company expects the jersey to fetch between $3 million and $5 million in the online auction, making it one of the most valuable in-game jerseys of all time, according to a press release. The shirt he wore in the first half is said to be James’ most valuable item up for sale.

The jersey commemorates James’ debut appearance in Game 7 of the NBA Finals, one of the most significant achievements of his career. The fight against the San Antonio Spurs earned the highest scoring of any Game 7 win in NBA Finals history, Sotheby’s said in the press release. The company added that the jersey also commemorates James’ back-to-back championship and NBA Finals MVP awards with the Miami Heat. James is one of only six players in NBA history to have received back-to-back NBA Finals MVP trophies.

James’ jersey will be featured as part of Sotheby’s new cross-category sale, ‘The One’, which features objects from ancient civilizations as well as antiques related to fashion and entertainment, according to the press release.

The first live auction will take place in New York on January 27th.

“With Lebron on the verge of surpassing Kareem Abdul-Jabbar as the NBA’s all-time leading scorer, it’s important to offer a pivotal asset in LeBron’s career that many are citing as the milestone that defined the legacy and the comparison between him and.” Michael started out Jordan as the greatest player of all time,” said Brahm Wachter, Sotheby’s head of streetwear and modern collectibles, in the press release.

Retail investors have branched out into the sports collecting markets to diversify their wealth amid the uncertainty of traditional investment markets.

Sotheby’s has entered the sports memorabilia space in recent years and currently holds the record for all sports memorabilia worn in-game after selling Michael Jordan’s 1998 ‘Last Dance’ jersey for 10.1 million in September, according to the press release sold dollars. The jersey surpassed the previous record set by Diego Maradona’s Hand of God jersey, which sold for $9.3 million.

https://www.cnbc.com/2023/01/20/lebron-james-nba-finals-jersey-expected-to-fetch-up-to-5-million.html LeBron James NBA Finals jersey is expected to fetch up to $5 million

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