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Cavaliers Auction Taylor Swift’s Courtside Chair as Part of Celebrity Seat Sales

The team is working with authenticated marketplace The Realest to certify camera-visible celebrity seats as collectibles that expand its revenue stream.

Overview

  • The Cavaliers, in partnership with The Realest, sold the courtside chair Taylor Swift sat in for $7,000 as part of an auction of celebrity-occupied seats.
  • The auction included seats used by Travis Kelce, Timothée Chalamet, Kylie Jenner, Ben Stiller and Machine Gun Kelly, with reported sale prices ranging from roughly $635 to $1,505 for those chairs.
  • Cleveland has run similar experiments this season, including a LeBron James seat sold for $1,905 and his grip powder sold for $245, and the James Harden jersey remains this season’s top sale for the team.
  • Chief marketing officer Chris Kaiser said he was surprised by the attention and that the team plans more item drops and in-arena bidding activations as it aims to grow memorabilia into a mid-six-figure business.
  • The program relies on third-party authentication to provide provenance for unconventional items and taps a larger collectibles boom that is expanding what buyers consider sports memorabilia.