1928 - 1930 Babe Ruth New York Yankees Jersey

Hunt Auctions at Yankee Stadium auctioned the record-breaking jersey as part of a collection of items relating to "The Sultan of Swat," as Ruth was also known. The auction firm said in a statement that it worked with the baseball legend's family to curate the huge display, which included items from "exclusive third-party collections." According to the auction house, a Babe Ruth New York Yankees jersey from 1928-1930 sold for $5.64 million, making it the most expensive item of sports memorabilia ever sold.

The item was part of a trove of belongings put up for auction by Ruth's family, which included family portraits, hunting gloves, and a luggage Ruth took to Japan in 1934. The light gray flannel shirt is in good condition, with its original drawstrings, buttons, and the name "Ruth" embroidered into the collar and the word "Yankees" emblazoned over the chest. The jersey is from the later half of Ruth's career, from 1928 to 1930, when he negotiated and eventually obtained an exceptional two-year contract of $80,000.

Price: $5.64 million