Karl Malone earns $5 million after auctioning off 1992 Dream Team memorabilia, including Michael Jordan’s jersey

The American Dream Team basketball players receive their gold medal during the 1992 Olympics. (Photo by Dimitri Iundt/Corbis/VCG via Getty Images)

The American Dream Team basketball players receive their gold medal during the 1992 Olympics. (Photo by Dimitri Iundt/Corbis/VCG via Getty Images)

If you’ve ever wondered what it would cost to buy a signed, game-worn Michael Jordan jersey that was signed for Karl Malone, well, wonder no more. This exact item sold for more than $3 million at an auction on Wednesday.

The auction was hosted by Malone, who sold various memorabilia from his time with the 1992 Dream Team. Jordan’s jersey was the big seller that night, fetching $3,030,000.

The shirt was signed for Malone and reads: ‘To Karl, good luck’.

Unsurprisingly, Jordan’s memories worked well. A pair of Air Jordans reportedly sold for $450,000 at auction, according to Action Network’s Darren Rovell.

In total, Malone achieved over $5 million in sales. In addition to Jordan’s memorabilia, a Magic Johnson jersey and Larry Bird’s shoes fetched big money at the auction.

1992’s Dream Team featured arguably the best collection of basketball players of all time. Jordan, Malone, Johnson and Bird were among 11 future Hall of Famers who made the team, which also included Charles Barkley and David Robinson.

The team made it through the 1992 Olympics, winning a gold medal. The 1992 Dream Team knocked out all of their opponents, their closest match being a 32-point victory over Croatia for the gold medal.

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