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Allen Iverson has made history in the world of memorabilia. Iverson is recognized as a legend in the NBA. He retired from the league in 2013 and was later inaugurated into the Naismith Memorial Basketball Hall of Fame. His name remains influential today, extending his impact beyond the court. The Virginia native currently serves as Vice President of Reebok Basketball (as of 2023), working alongside the President of Reebok Basketball, Shaquille O’Neal, to shape the next generation of the game. “We gonna do big things. We gon’ work hard. We gon’ give people what they want. We gonna take care of our youngsters,” he said in an interview uploaded to YouTube. Iverson’s involvement with Reebok also includes a lifetime deal. As AFROTECH™ previously reported, he initially signed a 10-year deal valued at $50 million when he was drafted to the league, securing a spot with the Sixers. In 2001, he earned a lifetime deal after the team made its way to the finals and earned MVP. He now receives...
Jerseys worn by LeBron James and his son Bronny performed exceptionally well at auction. On June 27, 2024, Bronny James made headlines when he joined the Los Angeles Lakers, selected as the 55th overall pick in the second round of the NBA Draft, notes USC Athletics. Shortly after, he signed a four-year rookie contract worth $7.9 million guaranteed, per ESPN. This historic move placed Bronny on the same team as his legendary father, LeBron. “Bronny is, first and foremost, a person of high character,” Lakers General Manager Rob Pelinka said, according to the NBA. “And second, he is a young man that works incredibly hard. Those are the qualities we look for in drafting players and adding to our developmental corps at the Lakers.” Speaking to his potential, Lakers Head Coach JJ Redick commented, per Sports Illustrated: “We view Bronny as case study No. 1. Because his base level of feel, athleticism, point-of-attack defender, shooting, passing — there’s a lot to like about his game. And...
It’s been almost 12 years since the tragic Sandy Hook Elementary School shooting took the lives of 26 people (20 of them children) in Newton, Connecticut. While Alex Jones, a well-known right-wing commentator and owner of Infowars, has since taken back his comments about the incident being a hoax , he still owes the families of the victims over $1 billion in personal damages after they took legal action against him for emotional distress and defamation. Despite the controversy surrounding his name , “ Jones and other right-wing commentators once on the fringe have catapulted in popularity as many people have moved away from traditional news sources,” the Associated Press notes. Thanks to those who still support him, the 50-year-old has made millions from his radio and internet shows, plus the sale of nutritional supplements, survival gear, clothing and other merchandise, keeping him afloat in tense times. Two years after filing for bankruptcy, Jones stands to lose the company he’s...
A handful of Michael Jordan memorabilia has sold for millions. According to the Chicago Sun-Times, a jersey worn by the former Chicago Bulls star during a 45-point game in the 1996-1997 season sold for $4.7 million at auction. This met expectations, as the auction house Sotheby’s had projected it would sell for between $4 million and $6 million. “One of the finest Michael Jordan jerseys ever to come to auction, MJ wore this road-red jersey for 5 months and 17 games during the Chicago Bulls legendary 1996-1997 championship season,” Sotheby’s commented on Instagram. View this post on Instagram A post shared by Sotheby's (@sothebys) Brahm Wachter, Sotheby’s head of modern collectibles, commented to the Chicago Sun-Times: “This jersey symbolizes not just Michael Jordan at the height of his celebrity and prowess, but also a pivotal moment in basketball history. Today’s results highlight the enduring strength of the game-worn market, especially those pieces associated with Michael...
LeBron James’ name is now attached to another accomplishment. According to the Akron Beacon Journal, a St. Vincent-St. Mary jersey, worn in high school by the current Los Angeles Lakers star made its way to Julien’s Auction in Gardena, CA. The jersey was sported during a 2002 Sports Illustrated cover titled “The Chose One,” captured by Michael LeBrecht, who served as a Sports Illustrated photographer at the time, per the auction house’s official site. “This was the first time I shot LeBron and these are the images here. Just kind of a simple setup. I had him dunk the ball at least 40 times. G ot him praying to make the NBA, and then I just felt like, ‘Okay let’s get a little bit more animated.’ He’s posing, I’m like, ‘J ust reach out like this’ and I’m like, ‘G ive me a woo.’ And he’s like ‘Woo!’ Y ou look back and you don’t realize it was a real turning point,” LeBrecht said in a video shared by the auction house. That photoshoot remains a memorable moment in sports , and now the...
There’s been an update in Dame Dash’s sentiments regarding ownership of “Reasonable Doubt.” In a recent Instagram video, Dame Dash acknowledged that there is “a lot going on” but he was surprised the media hadn’t covered what he considers “very relevant” news regarding his dispute with Jay-Z over the 1996 debut album. Dame Dash asserted that the City of New York, not him, filed a significant court document on Friday, Sept. 20, 2024, stating its concern over alleged misleading comments by Jay-Z and Roc-A-Fella Records (RAF). Per a report by All Hip Hop, the City, represented by the NYC Department of Social Services, requested a pre-motion conference as well as a stay of Dame Dash’s auction sale as a result. The petition was reportedly submitted to U.S. Magistrate Judge Robert W. Lehrburger. “’Jay-Z’s statements to the press have poisoned the environment for the auction,'” Dame Dash read from the City’s alleged statement. “‘He has claimed that he has a termination right under the...
Fantasia Barrino had to answer to Uncle Sam and almost lost her home in the process. As AFROTECH™ previously reported, the singer had vocalized her financial troubles that followed her “America Idol” win in 2004. She was sued by her father two years later and had difficulties with money management and understanding contracts. “It wasn’t easy,” she told PEOPLE. “I lost a lot. I lost everything.” Barrino’s circumstances almost even cost her the mansion she had been living in with her family in North Carolina, according to Forbes. She was served by the court for the first time due to owing $1 million in taxes, and her home could have been put up for auction as a result. “I had a bunch of people on my team who said ‘hey we’re handling all the business,'” she shared during ForbesBLK Summit 2024. “I look up and I owe a million dollars in taxes. So, because of that my lawyer didn’t show up to court, and then they put my house up for auction.” She continued, “I get a knock at the door, and...
Rick Ross is auctioning off items for a good cause. According to Billboard, the rapper is teaming up with Julien’s Auctions to host Push It to the Limit: Luxury and Lifestyle, a two-day event held June 25-26 live and online with 800 items up for grabs. People mentions items such as Ross’ exclusive collection of street and contemporary art, designer wear, rare sneakers, and music memorabilia like Michael Jackson’s sealed “ONE” by Cirque du Soleil light-up glove , and more. Specific items include the Air Jordan Retro 5 “University of Michigan Fab 5” PEs (estimated value, $2,000-$3,000); Air Maxes (est. $1,000-$2,000); DJ Khaled “Father of Asahd” Air Jordans (est. $3,000-$5,000) and Virgil Abloh Off-White collaborations (est. $500-$700); Versace silk shirts (est. $500-$700); and designer sunglasses and varsity jackets (est. $200-$500); among others, per Billboard. View this post on Instagram A post shared by Julien's Auctions (@juliens_auctions) What’s more, in partnership with The...
Snoop Dogg will be auctioning some of his own memorabilia. Variety reports the rapper is partnering with sports-and-music auction house The Realest — created by producer and radio host Scott “DJ Skee” Keeney — to auction off items through a project titled “ The Shiznit.” Items will include photos, Playstations, production books, autographed TV scripts, platinum discs, autographed jackets and jerseys, master recording tapes (copyrights to the music will not be included), and an autographed Death Row Records chain. “The items he is putting up are iconic,” Keeney told Variety. “Everything from lyrics, awards — like ‘Pimp of the Year’! — unreleased tapes, outfits, sample toys, photos, scripts, concert riders, even a Snoop-authenticated smoked blunt in a crazy display case and ashtray.” Furthermore, Keeney, who launched The Realest in December 2023 and raised $4.6 million in seed funding in a round led by KB Partners, has a rigorous process to ensure the offerings being sold are...
