Fans of the 1992 Dream Team now have a chance to own a piece of Olympic and sports history related to the squad, though it will be costly.
As hoops fans know, the so-called Dream Team won gold in the men's basketball tournament of the Barcelona Olympics. Led by Michael Jordan, Larry Bird and Magic Johnson, it is widely considered the greatest squad ever assembled.
The Dream Team steamrolled the competition at the time, finishing with a winning margin of 43.8 points. Their closest game was a 32-point drubbing of Croatia in the final.
Interestingly, however, no gold medal from any member of the Dream Team had been put up for auction until this year. This is why the fact that Clyde Drexler's gold medal is currently up for bidding at Goldin is pretty significant.
"This is the very first appearance of a Dream Team gold medal at auction, from the greatest team assembled in sports history," Goldin founder and CEO Ken Goldin told me exclusively.
"This medal, issued to Clyde Drexler in 1992, is one of only 12 medals in existence. This is possibly the only opportunity to secure a medal from this team with a chance to own not only a piece of basketball history, but world history as well."
On its website, Goldin Auctions listed the gold medal as the one "that hung around the neck of Hall of Famer Clyde Drexler." The listing emphasized that "scarce doesn't begin to describe this medal, as no other have emerged on the market."
"The 1992 Team USA Basketball, known as the 'Dream Team,' was the most important sports team of the modern era, possibly ever, and put basketball in front of a worldwide audience," Goldin further said in an interview.
"It not only was the greatest team assembled in any sport, but from this point on, it became the true international game that it is today."
At the time of writing, the current bid for the item is $457,500 (including buyer's premium). Considering how rare it is and the hype surrounding the 2024 Paris Olympics, fans can expect the price to increase and even potentially reach seven figures.
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