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If Michael Jordan’s name is attached, the money trail will certainly follow! Yahoo Sports reports an unused ticket for the NBA goat has sold for a whopping $468,000 by t he owner of the hidden gem, Mike Cole, in a recent auction. The Maryland native was given two tickets by a family friend to attend Michael Jordan’s debut game against the Washington Bullets in 1984. Unable to give away the additional ticket, Cole stored the unused ticket stub alongside other sports memorabilia in his basement for nearly three decades. It was not until Cole stumbled across a story about a record-breaking sale for Michael Jordan’s first NBA game that he realized he was sitting on a pot of gold. Cole then went to his basement to find the unused ticket in a container titled “Mike’s memories.” And, what’s more, Cole told Yahoo Sports he would have been happy to receive $500 for the ticket. “I’m a huge sports fan, and I enjoy keeping tickets as memories of good times I’ve had,” Cole said, according to...
Kobe Bryant is once again making history. TMZ is reporting that a rare card featuring the late Black Mamba was sold in a private estate sale, and it was snagged for a gobsmacking $2 million. The card in question is a 1997-98 Metal Universe Precious Metal Gems card. Initially numbered to 100, only 10 of the cards were ever made, and it’s considered the rarest trading card of its kind in existence today. PWCC was the company that brokered the deal, and they informed TMZ that the card in question had an 8.5 out of 10 rating (in terms of its condition and quality). “This is arguably Kobe’s best card in existence,” PWCC exec Jesse Craig said. “It’s more desirable than even a Kobe Bryant rookie card or a Kobe Bryant autograph. These Precious Metal Gems variants are arguably the most desired insert card in the entire world. These set the tone for the insert market going forward.” The card in question was one of the first-of-its-kind to be made in an “insert” fashion (meaning that the card...
Pro athletes have been entering into both buying and launching non-fungible tokens (NFTs) in an effort to join the wave of investing into cryptocurrency and also to authenticate ownership and legitimacy of digital items. According to Highsnobiety, tennis player Naomi Osaka came into the NFT space last month by auctioning off original artwork signed by her and her sister, Mari Osaka, in which partial proceeds went to her charity, Play Academy. Now, Complex reports Cleveland Browns’ Odell Beckham Jr. has also recently stepped into the NFT world after purchasing a CryptoPunk 3365. Each of the 8-bit style pixelated digital characters have their own unique types, attributes, and accessories. Beckham Jr.’s Punk’s features includes a shadow beard, “wild hair,” and a smile. Plus, the wide receiver has changed his profile image across all of his social media accounts to reflect his new Punk. CryptoPunk 3365 was originally owned by NFT and Crypto Founder Soby Life. On Aug. 19 he tweeted,...
A 1-of-1 rookie card from LeBron James’ early playing days could break the bank at an upcoming auction. A report from TMZ Sports shares that the collectible SP Authentic Exquisite Endorsements autographed card comes from James’ 2003-2004 season playing with the Cleveland Cavaliers. The mint condition card is poised to sell anywhere from $700,000 to $1.2 million today (Aug. 11). According to Gotta Love Rock and Roll Auctions, it told the outlet that “this may very well be one of his finest rookie cards ever printed, and it is the first time it has surfaced in nearly 20 years.” This isn’t the first time a rare LeBron James playing card has gone for some big coin this year. As previously reported by AfroTech, another 2003 card from the NBA star’s Cavalier days sold for $5.2 million back in April, making it the most expensive basketball card ever. Even PWCC Marketplace called it “the crown jewel of all sports card investing.” In the last year alone, LeBron James has been making major...
Warner Bros. is jumping into the non-fungible token (NFT) business just ahead of its summer blockbuster release of the “Space Jam” sequel film. In an official partnership with social NFT platform Nifty’s, Warner Bros. has announced the launch of a limited-edition collection of NFT items featuring characters from the upcoming “Space Jam: A New Legacy” film starring NBA star LeBron James, a press release reports. This marks the first time a major motion picture has adopted digital collectible technology as a marketing tactic to engage with passionate fans around the world to commemorate the fandom of a movie franchise. “We are excited to partner with Nifty’s on this new way for our audiences to engage with their favorite characters, connect with other fans and enjoy our movies on and off the screen,” Pam Lifford — President of Warner Bros. Global Brands and Experiences — said in a statement. “‘Space Jam: A New Legacy’ is fun for everyone and it was important to us to give audiences...
Jay-Z might be the new go-to source for all things authenticated in the collectibles space. According to Business Insider, the music and business mogul’s Roc Nation company has just invested in the transaction of Blackstone’s acquisition of the Certified Collectibles Group (CCG) — a company that authenticates collectible items such as comic books, magazines, trading cards and other items — which now values the company at more than $500 million. The outlet reports that CCG estimates it has certified over 62 million of its collectibles, with a combined fair market value reaching roughly $50 billion. Blackstone — which Bloomberg describes as the world’s largest alternative investment firm — also reports that its shares were up 0.3 percent last Friday (July 2) and now hopes to “develop CCG’s digital presence, add employees, and branch CCG’s geographic reach.” In addition to Roc Nation, other investors in the acquisition include but are not limited to Fanatics founder and executive...