A jersey worn by NBA legend Michael Jordan has sold for an astronomical price. According to Sothebys, the jersey sold for $4.215 million. It is presented as a Michael Jordan Chicago Bulls rookie preseason game worn and signed jersey and "the only game-worn photomatched rookie jersey from Jordan to publicly surface.

When Michael Jordan first pulled the red Chicago Bulls jersey over his head for his NBA preseason debut in Peoria, Ill., against the Indiana Pacers on Oct. 5, 1984, nobody would have guessed he had just created one of the most significant pieces of sports memorabilia in history.

An autographed Chicago Bulls jersey that Michael Jordan wore in a preseason game during his rookie year sold for $4.215 million at an auction that closed Wednesday.