November 15th 2023.
Victor Wembanyama's debut in the NBA was highly anticipated, and now the seven-foot-four power forward's debut jersey is expected to bring in some major cash. The NBA recently announced their official partnership with Sotheby's, releasing 60 game-worn threads. Bids for Wembanyama's jersey from his first game quickly rose to $50,000, making it the auction's most sought-after item.
Bidders have until Nov. 21 to place their bets on the collector's item. Sotheby's predicted that the French-born rookie's jersey would sell for between $80,000 to $120,000, though this could go up as Wembanyama continues to show dominance in his first NBA season. He is currently averaging 19.7 points, 8.8 rebounds, 2.5 assists, 1.1 steals and 2.4 blocks per game, a great stat line for such a young player.
Even before his debut, Wembanyama had already made some major moves. He signed a multi-year deal with Nike reportedly worth $100 million, and has since signed lucrative deals with several sports-related brands. His deal with Barcode, a plant-based sports energy drink, is estimated to be worth $500,000 annually, while his agreement with Fanatics, a memorabilia and trading card company, is expected to bring in $5 million a year. His contract with 2K Games, a video game publisher, is valued at $3 million annually.
With his NBA debut under his belt and a host of lucrative deals in the works, Victor Wembanyama is off to a great start. It will be interesting to see how his debut jersey fares in the Sotheby's auction and how his career in the NBA continues to unfold.
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