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The Times

NFTs hit the big league, but not everyone will win from this new sports craze

  • Written by Adam Karg, Associate Professor, Business School, Swinburne University of Technology

Some buy sporting memorabilia for love. Others for money.

The world record for most money paid for a sports-related item goes to the original Olympic manifesto written in 1892 by International Olympic Committee founder Pierre de Coubertin. It changed hands in 2019 for US$8.8 million. In second place is the New York Yankees jersey worn by legendary...

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