Jordan's $33mm Contract from 1997-98 at Auction!

[MansGame]

This is pretty cool and I'm sure it won't be cheap for whoever puts in the final bid. The Chicago Bulls original copy of the Michael Jordan contract from 1997-98 which was for $33 million dollars and is the most valuable single-season contract in NBA history.

I guess his full signature is on one page (obviously) and then he initialed every other page, which is cool. It also includes the Bulls GM and head of Finances.

Bidding has topped $28k already and is probably on it's way to much more. This ESPN article says the most valuable contract ever sold was Babe Ruth's Red Sox contract which was sold earlier this month for $1.02 million.

Another cool fact... his $33mm contract today would be worth roughly $49mm when you factor for inflation.

Article and cool video: http://espn.go.com/chicago/nba/stor...ginal-chicago-bulls-33-million-contract-block

 

[RStadlerASU22]

I'd say it pushes $40k. I can't believe it was purchased for under $1000 in 2000. Seems like it would have gotten more press then. I am also surprised its 24 pages and the cover pages. My Clark Rookie contract is like 4 pages. This MJ is a book. It's a nice piece , and that it is the highest per season contract adds to it. Getting MJs Rookie one would be the topper

Ryan

 

[Juan Gris]

$40K or more seems like a given considering the competition in the Jordan market. I wouldn't be shocked to see it go past $60K.

 

[Gwynn545]

Jordan > Ruth...therefore, I say it goes for $1.03 Million.
I's a 1 of 3, so I say $90K max

 

[MansGame]

I'd say it pushes $40k. I can't believe it was purchased for under $1000 in 2000. Seems like it would have gotten more press then. I am also surprised its 24 pages and the cover pages. My Clark Rookie contract is like 4 pages. This MJ is a book. It's a nice piece , and that it is the highest per season contract adds to it. Getting MJs Rookie one would be the topper

Ryan

Yea, $1k for this back in 2000 seems like a STEAL. I think $40k or more wouldn't surprise me...

 

[RStadlerASU22]

It's at 47500 (over 50k with BP) with 4 days to go.... Does it hit $100k ?

Ryan

 

[MansGame]

It's at 47500 (over 50k with BP) with 4 days to go.... Does it hit $100k ?

Ryan

It has to hit $100k IMO. His auto, plus the initials, plus the original doc and how long it is, plus the history behind it, etc.

 

[byronscott4ever]

I read this isn't the Bulls' copy of this contract

 

[RStadlerASU22]

I read this isn't the Bulls' copy of this contract

Where ? According to the auction house and Rovell it is the team copy ? Who's would it be instead ? I'm sure the copies are team, league and not sure if player and or agent get one...?

Ryan

 

[RStadlerASU22]

About $65k with BP and 2 days left


Ryan

 

[MansGame]

About $65k with BP and 2 days left


Ryan

Top $100K?!

 

[RStadlerASU22]

It's about $85k w BP now and 4 hrs left. I think it prob gets there
Ryan

 

[MansGame]

It's about $85k w BP now and 4 hrs left. I think it prob gets there
Ryan

Six figures was my over/under

 

[byronscott4ever]

Rochelle tweeted that they are pulling the auction as it seems to be leagues copy

 

[RStadlerASU22]

Rochelle tweeted that they are pulling the auction as it seems to be leagues copy

Yeah I refreshed the auction an hour ago and it went back down to minimum bid. How the heck did they let it get to 4 hrs left before pulling ? And how did it get out from the league and sold once before also ?

Ryan

 

[byronscott4ever]

Not sure how Rovell became Rochell....I'm guessing the $1000 sale was either a lie or someone sold it after they stole it?

 

[RStadlerASU22]

Looks like the under $100k wins Seller and Heritage have to be pissed

Ryan

 

[MansGame]

Looks like the under $100k wins Seller and Heritage have to be pissed

Ryan

Haha! What's the final ticket?!

 

[RStadlerASU22]

Haha! What's the final ticket?!

No ticket , it was pulled

Ryan

 

[MansGame]

No ticket , it was pulled

Ryan

Shock.