The jersey, from Jordan's final season with the Chicago Bulls known as the 'Last Dance', was sold at Joopiter, the digital auction house founded by Pharrell Williams. The auction house had estimated the jersey's value at $10-15 million. The seller was entrepreneur Ryan Gough.
Jordan led the Bulls to a 4-2 series victory over the Utah Jazz in the 1998 Finals, securing his sixth NBA Championship and sixth Finals Most Valuable Player award. The previous record for a Jordan item was $10.1 million (£7.6 million) for his jersey from game one of the same Finals series.
"Few objects in the history of sport embody greatness as completely as Michael Jordan's game three jersey from the 1998 NBA Finals," Joopiter said in the auction posting. "Worn during the Last Dance... it marks the culmination of an era that transformed basketball into a global cultural phenomenon."
Joopiter noted the jersey "stands among the most important game-worn sports artifacts ever to come to market." The record for a game-worn sports jersey remains the Babe Ruth 'called shot' jersey from the 1932 World Series, which sold for $24.1 million (£18.2 million) in 2024.
Also sold at the same auction was Jordan's 1997 Ferrari 550 Maranello, which fetched $2.7 million (£2 million), four times the previous auction record for that car model.