Michael Jordan's final Chicago Bulls contract will sell at Heritage Auctions

paulfrasercollectibles

2015-06-26 13:49:16

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Michael Jordan's final Chicago Bulls contract will sell at Heritage Auctions

Bidding on Michael Jordan's final contract with the Chicago Bulls stands at $37,500

Paul Fraser Collectibles,Saturday 26July 2014

Michael Jordan's final contract with the Chicago Bulls is to cross the block at Heritage Auctions on August 1 as part of a high profile sale of sports memorabilia.

Bidding on the lot stands at $37,500.

Jordan contractJordan's final contract for the Chicago Bulls stipulates a salary of $33m

It dates to the 1997-1998 season, Jordan's last for the Bulls. He would retire in 1999 before returning briefly for the Washington Wizards in 2001.

Jordan's salary is listed as $33m - a figure that remains the highest in NBA history. It proved to be worth every penny, as he was instrumental in securing the team their sixth NBA title.

Heritage Auctions' Chris Ivy told ESPN "It's hard to compare this to anything we've sold".

"It's Jordan, who is in a class by himself, and, to our knowledge, this is the only Jordan playing contract to ever surface."

Player contracts can sell for significant sums at auction, particularly if they relate to a pivotal moment in the athletes career.

Earlier this month Babe Ruth's 1918 contract with the Boston Red Sox, his last before he transferred to the New York Yankees, sold for $1m at Goldin Auctions.

The sale will also feature the gloves Muhammad Ali wore during the 1971 fight of the century and a Yankees cap worn by legendary first baseman Lou Gehrig.

Click here to take a look at our exciting range of sports memorabilia.

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