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10.15.2010

Noise Of The Week : A basketball signed by Michael Jackson has sold for $294,000

Reuters announces that " An old, Spalding basketball signed by Michael Jackson and Michael Jordan fetched $294,000 at a "pop culture" auction of celebrity memorabilia, touted as the largest in Asia, in the gambling center of Macau. The basketball -- used in the 1992 music video "Jam" -- saw ferocious raising of paddles before an American online bidder finally snared it for $294,000, smashing the ball's modest pre-sale estimate of $600."

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