When a company and former athlete are making millions of dollars off signatures on trading cards (they produce) that is literally printing money.
Since Michael Jordan and Upper Deck have been raking in cash together since 1992 it is no surprise that Jordan has decided to extend his deal with the trading card and collectibles giant. While we don’t know specifically for how long or how much, reports state this extension of the partnership is “long term.” Upper Deck’s president, Jason Masherah, said the following when announcing the news:
“We have worked diligently to bring the highest quality, most innovative Jordan memorabilia to collectors and we will continue to maintain the same level of service and authenticity that fans and collectors have come to expect from Upper Deck,”
Among many efforts Upper Deck is focused on limiting the overall number of Michael Jordan signatures in the world, thusly making them even more valuable. How valuable are they now you ask? The Michael Jordan Collection from Upper Deck includes signed jerseys ($2,500), balls ($2,000) and photos ($850 and up). The cheapest items are prints and photos for $250, while the priciest item is a $30,000 autographed Fleer rookie card. Yes, thirty thousand American dollars, for a printed piece of cardboard with a human man’s handwriting on it.