This sale sets a new record for a piece of sporting memorabilia which has been worn during a game. The item was part of Sotheby’s two-part “Invictus” auction which took place this week. The initial estimate for the item was set at between $3m (£2.6m) and $5m (£4.4m).

Known as Jordan’s “Last Dance,” the 1997–98 season was his final season with the Bulls and his final chance at an NBA Championship in Chicago. Jordan played 45 minutes in the first game against the Utah Jazz — the most he played of any of his finals games that year — in a performance that helped cement his legacy as one of the greatest basketball players of all time. This jersey was later featured on the cover of a Sports Illustrated issue reporting on the Bulls’ eventual win, and game one was a focus of the 2020 ESPN/Netflix documentary “The Last Dance.”

Brahm Wachter, Sotheby’s gead of streetwear and modern collectables, said: “The 1997–1998 season is perhaps one of the most popular among Jordan fans. The season itself is his ‘magnum opus’ as an athlete, and a testament to him as a champion and competitor.”