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

By Adam Karg, Associate Professor, Business School, Swinburne University of Technology
Kathleen Wilson, Lecturer, 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 American baseball player Babe Ruth, sold in…

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