The auction house Lelands purchased the shirt which is the earliest jersey worn by Ruth known to still exist, a circa 1920 New York Yankees away shirt he wore in his first season after coming over from the Boston Red Sox
The jersey’s price surpassed the $4,338,500 paid in 2010 for Dr. James Naismith’s founding rules of basketball, the “Bible of Basketball,” making Ruth’s the most expensive sports memorabilia in history
SCP Auctions, which ran the sale, sold other Babe Ruth items at the auction, including a 1930s-era cap Ruth wore that another former Yankee player David Wells owned and used in a game in 1997 that went for $537,278, while one of Ruth’s game-used bats went for $591,007.
The jersey had been displayed at the Babe Ruth Birthplace Museum in Baltimore. Baseball fans had hoped the jersey might have been moved to the famous Baseball Hall of Fame in Cooperstown, New York, but instead Lelands intend to sell it to a private investor.