Clyde Drexler's Olympic Gold Medal Auctioned

Clyde Drexler is auctioning his 1992 Olympic gold medal from the famed 'Dream Team' with a starting bid of $250,000, marking the first time such a medal has been available for sale. The auction, hosted by Goldin Auctions, is set to run until August 17 and includes a signed letter of authenticity from Drexler stating he has no intention of reclaiming the medal. The Dream Team, which included basketball legends like Michael Jordan and Magic Johnson, won gold in Barcelona by defeating Croatia in the finals. Drexler's decision to sell the medal remains unclear, but he has expressed that he will not seek a reproduction through the U.S. Olympic Committee. Experts believe this auction could be a once-in-a-lifetime opportunity for collectors, as it is unlikely another Dream Team gold will be sold again. The auction follows recent sales of memorabilia from the 1992 Olympics, underscoring the enduring legacy of this historic basketball team.