Michael Jordan singlet sells for $16.9m

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A jersey worn by basketball legend Michael Jordan in the 1998 NBA Finals has been sold for a record $NZ16.9m.

This is the most a piece of sporting memorabilia has fetched in history.

Jordan’s Chicago Bulls jersey attracted 20 bids during the auction.

Sotheby’s head of streetwear and modern collectibles, Brahm Wachter, said bidders were “eager to own a rarefied piece of history”.

The jersey outstripped a previous record of $9.28m, paid for a shirt worn by football star Diego Maradona at the 1986 World Cup.

Jordan’s jersey was auctioned with a June 1998 Sports Illustrated magazine, which features him on the cover.

Jordan is seen by many as the best player in the history of basketball. He spent most of his career with the Chicago Bulls, became a global icon and helped raise the NBA’s profile worldwide.

Jordan, who is now aged 59, hung up his boots for the final time in 2003.

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