Michael Jordan is regarded as one of the greatest basketball players in history, and he’s also known for being somewhat of a celebrity in his own right. In fact, the news of the day isn’t complete without some Michael Jordan news, whether it be an interview or another story about him donating to charity or taking his family on vacation. However, when it comes to Michael Jordan news that has hit the headlines in recent months, there’s one story that stands out above all others – the story of Michael Jordan’s cigar auction.
Sports Memorabilia Auctions Aren’t What They Used To Be
It used to be that anything related to Michael Jordan was an instant goldmine. He still has a loyal fan base that pays millions for his memorabilia, but it’s not what it used to be. Do you think he can command over $100k for his cigar or will he have to settle with $50k at most? What is your estimate? Is there other sports memorabilia that could bring in more than MJ’s cigar?
Why would anyone want this cigar, anyway?
It might be worth thousands of dollars to a collector, or it might just be some old cigar that Michael Jordan chucked into a box after smoking. We have no idea—but we do know it will sell for thousands of dollars. That’s what makes auctions fun; you never really know what people are willing to pay for until their checkbook opens. Will someone really shell out $20,000? $100,000? Let’s find out!
Where Does Michael Jordan Fit in Today’s Sports World?
Today’s sports world is quite different from that of Michael Jordan’s era. Consider, for example, that LeBron James has a new contract with Nike worth $1 billion—almost five times more than Michael Jordan ever signed for in 1995 ($33 million). Even if one agrees with every criticism of today’s athletes as greedy and selfish (many would probably agree), it doesn’t change the fact that there are now more avenues to make money from basketball than ever before. From shoe deals, to advertising endorsements, to jersey sales on eBay, basketball players have far more ways to add zeroes to their bank accounts than they did back when they played MJ. In short: while MJ may well be worth $500 million by himself (some estimates put his net worth at closer to half a billion dollars), he no longer stands as tall among his peers or his successors as he once did.
Why would someone buy such a thing – or even ask to have it a half-smoked cigar in the first place?
If a half-smoked cigar autographed by Michael Jordan is auctioned off, could you imagine that person trying to collect and smoke other sports stars’ cigars or even their saliva on money and other items of value? We’ve seen some weird things go up for auction in our day, but maybe there really is no limit to what humans will buy or sell. And with that in mind, why wouldn’t an individual do just about anything for cold hard cash? Or how about someone asking how much would one be willing to pay for a letter written by Abraham Lincoln during his presidency? Someone is bound to ask What else ya got?, and it’s worth checking out.
The Price of Cigars Has Never Been Higher
According to Forbes, cigar prices have never been higher. As of March 2017, you could buy a box of Cuban Cohiba Behike BHK 56 cigars for $46,000. What is so special about these cigars? According to Forbes the quality and rarity of these cigars are unmatched by anything else in today’s market. The cigar itself features an all-Nicaraguan tobacco filler and binder with a Nicaraguan habano oscuro wrapper grown in volcanic soil near Esteli. Not to mention that only 1,000 boxes will be produced worldwide… making them exceedingly rare. If that doesn’t impress you, maybe its size will – each Behike comes in at 5 inches long and 52 ring gauge. There is no other cigar like it currently on today’s market. So why exactly did Michael Jordan auction off his cigar collection recently? It turns out MJ was dying to go on another spending spree – but unfortunately he needed cash first.
Where Is The World’s Most Valuable Michael Jordan Jersey Now?
The most valuable Michael Jordan jersey isn’t in a museum or being worn by a billionaire basketball fan. Instead, it’s on display at an auction house in New Jersey. You know, in case anyone wants to buy it for any reason at all. Maybe that one rich guy who has everything and loves MJ is looking for something new to add to his collection of memorabilia. As you might imagine, there’s been some interest already!