Karl Malone made a ton of dough while playing in the NBA, but it looks like he is continuing to bring in money during his post-career.
Hall of Famer Karl Malone has been auctioning off memorabilia from his time on the 1992 Olympic Dream Team.
ESPN reported that the hall of fame NBA legend pocketed $5 million from jersey and shoes auctioned items of a famous figure/teammate from the 1992 Dream Team.
“Utah Jazz legend Karl Malone recently auctioned off 24 pieces of memorabilia from the 1992 Summer Olympics USA Basketball “Dream Team” — game-used jerseys and sneakers from all 12 members — to the tune of $5 million.
“The bulk of those earnings from the auction with collectibles marketplace Goldin, unsurprisingly, came via Michael Jordan’s No. 9 white jersey — worn during the 127-76 dismantling of Lithuania in the semifinals. It sold for $3,003,000 — a record for any game-used Olympics Jordan item. Jordan’s game-worn sneakers from the 1992 Tournament of the Americas — the pre-Olympics event where the Dream Team debuted — sold for $420,000.”
Malone also sold a jersey and a pair of shoes signed by Larry Bird, along with a Magic Johnson jersey.
Malone won the gold medal in Barcelona alongside Jordan, Bird, Johnson, Charles Barkley, Patrick Ewing, and several other future Hall of Famers. Malone’s auction continues a trend of Jordan memorabilia doing well at auction: in April, a pair of Air Jordans worn during Game 2 of the 1998 NBA Finals sold for more than $2.2 million. Jordan scored 37 points in that game to win his sixth and last NBA title.
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He and Jordan may have been rivals on the court, but selling off some of his stuff has made him a ton of money.
During his 19 seasons in the NBA, Malone achieved numerous accolades and records. He was a 14-time NBA All-Star, a two-time NBA Most Valuable Player (MVP) in 1997 and 1999, and a 14-time All-NBA selection.
Despite his individual success, Malone did not win an NBA championship during his career.
