LeBron James jersey sells for whopping $3.7m

NEW YORK: A game-worn jersey of basketball superstar LeBron James sold for $3.7 million at auction Friday, five times more than the previous record for one of his shirts.

The sale comes with interest even higher than usual in the 38-year-old LA Lakers icon as he nears the NBA’s all-time scoring record.

Sotheby’s in New York sold the jersey, which James wore while playing for the Miami Heat in their 2013 NBA Finals Game 7 victory against the San Antonio Spurs.

It smashed the previous record of $630,000 for a James All-Star jersey worn in 2020.

Game-worn sports memorabilia is big business.

Michael Jordan’s 1998 NBA Finals jersey, which sold for $10.1 million in September 2022, is currently the most valuable such item.

Diego Maradona’s “Hand of God” jersey sold for $9.3 million at Sotheby’s in London last year.

James needs just 178 points to eclipse Lakers legend Kareem Abdul-Jabbar’s tally of 38,387 points, one of the most coveted and longstanding records in basketball.

Sotheby’s also sold a dress worn by the late Princess Diana for $604,800 Friday.