The 1992 Olympic Dream Team is revered for getting the NBA’s biggest stars reinvested in the Games and restoring the U.S. men’s basketball team to gold-medal status after settling for bronze four years earlier. So it’s no surprise that when Hall of Famer Karl Malone decided to auction off memorabilia from his time on the team, the items fetched an enormous price.
Malone sold numerous Dream Team items at auction earlier last week, with the total haul coming in at over $5 million. The big ticket item was a signed Michael Jordan jersey that read, “To Karl, good luck,” which fetched just over $3 million.
BREAKING: the Michael Jordan 1992 Olympic "Dream Team" Game-Used, Photo-Matched, Signed, Inscribed Jersey has sold in our Dream Team Auction.
— Goldin (@GoldinCo) May 25, 2023
Final sale price: $3,030,000 🏀🐐 pic.twitter.com/dZY9U2gZDB