According to the NBA, the signed card was one of only 23 produced and received a “9.5 mint gem” condition grading. It also features a piece of James’ Cavaliers jersey.
Bidding started at $150,000 and attracted 34 bids during the 26-day auction, the NBA said. It surpassed the previous record of $923,000 for the most expensive modern-era trading card — those made in 1980 or later — set by a card featuring baseball star Mike Trout in May.
The Lakers currently sit top of the NBA’s western conference ahead of the season restart on July 30 at Disney World in Orlando, Florida.
James, a four-time NBA MVP and 16-time NBA All-star, is bidding to win his fourth NBA title.