Jordan famously covered up the Reebok logo on the jacket when receiving a gold medal.
is auctioning off Michael Jordan's jacket from the gold medal ceremony at the 1992 Barcelona Olympics.
At the time of writing, there is one bid for $750,000. Sotheby's estimates that the jacket will fetch between $1-3 million and the auction will run through June 28. Sign up for NBC LA newsletters. Jordan wore the jacket on the medal stand after the Dream Team completed an undefeated run through the Olympic men's basketball tournament, but not without controversy. Jordan was in his first decade as a Nike athlete, but the jacket was manufactured by Reebok. Instead of giving the rival company any additional spotlight, Jordan draped an American flag over his shoulder to cover the Reebok logo.
Brian McIntyre, who used to work in the NBA's communications department before becoming an advisor for league commissioner David Stern, has been in possession of the jacket from the moment Jordan took it off. He says Jordan shed the jacket once he stepped off the medal stand and tossed it to him.Get today's sports news out of Los Angeles. Here's the latest on the Dodgers, Lakers, Angels, Kings, Galaxy, LAFC, USC, UCLA and more LA teams.
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