NBA Hall of Famer Scottie Pippen has partnered with Sotheby's to auction off portions of his personal memorabilia collection, marking a significant moment in sports collectibles. The six-time NBA champion discussed the auction during an appearance on Bloomberg's "The Close," where he sat down with Romaine Bostick and Katie Greifeld to discuss the venture.

The auction represents a growing trend of athletes monetizing their legacy through high-end auction houses, following similar moves by other sports legends. Pippen's collection likely includes championship rings, game-worn jerseys, and other items from his illustrious career with the Chicago Bulls. The collaboration with Sotheby's suggests the memorabilia will be positioned as premium collectibles for serious investors and fans.

This auction comes as the sports memorabilia market continues to boom, with rare items fetching record prices at major auction houses. Pippen's decision to work with Sotheby's rather than traditional sports memorabilia channels signals confidence in the enduring value of his career artifacts. The timing also coincides with renewed interest in 1990s NBA memorabilia, particularly items connected to Michael Jordan's championship-era teammates.