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Juliana Kim

A Michael Jordan jersey is sold for over $10 million, setting a new record

A jersey worn by Michael Jordan during the 1998 NBA championships has sold at auction for $10.1 million. (Sotheby's)

A jersey worn by basketball legend Michael Jordan has been sold for $10.1 million — becoming the most expensive piece of game-worn sports memorabilia ever bought at an auction.

The item was sold on Thursday at Sotheby's "INVICTUS" a two-part auction of sports artifacts. The bright red shirt with the words, "Bulls 23," amassed 20 bids, Sotheby's told NPR.

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