A Michael Jordan jersey from his 'Last Dance' season has sold for $14m (£10.6m), a record for a piece of basketball memorabilia.

Jordan wore the Chicago Bulls jersey during game two of the 1998 NBA Finals and has autographed it too.

He scored a game-high 37 points that evening before ending his last season with the Bulls with a 4-2 series win for his sixth and final NBA Championship. He was named the Finals' Most Valuable Player in all six.

The only item of sports memorabilia that has cost more is the jersey worn by baseball legend Babe Ruth when he "called the shot" during the 1932 World Series, which was sold for $24.1m (£18.2m) in 2024.

The previous high for a basketball item was a card featuring Jordan and Kobe Bryant from 2007-08 which sold for $12.9m (£9.8m) last year.

The previous record for a piece of game-worn Jordan memorabilia was set just two weeks ago when his jersey from game three of the 1998 Finals, which is not autographed, sold via auction for $12.3m (£9.3m).

The latest purchase was made by Miami real estate investor Ron Firman in a private sale through Hunt Auctions.

David Hunt, president of Hunt Auctions, said in a statement: "While Michael Jordan's importance within the sports memorabilia marketplace has long been established, it has now escalated to an elite asset class more typically reserved for iconic works of art."