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.