The jersey Christian Laettner wore when he hit a game winning basket so mythical it is still referred to as "The Shot" sold at auction for $119,000, ESPN reported. Laettner's make didn't win the National Championship, but it did come in the Final Four, via a 75 foot pass, with Duke down one, and only two seconds left to play -- and qualified the Blue Devils for the 1992 national championship, which they would win for the second consecutive year in a row.

"This is the second-highest price ever paid at auction for a game-worn basketball jersey," said Joshua Evans, founder and chairman of Lelands.com, which sold the item of lore. "We couldn't be more thrilled."

ESPN's article actually used the phrase "the jersey believed to be worn by Christian Laettner," though it would be surprising if there was actually any doubt surrounding the authenticity of the jersey, given the near-record price.

Smartly -- if I'm interpreting ESPN's article correctly -- Laettner gave the jersey to a consigner after the 1992 season, which means he's also due some of the profits. As "The Shot" has continued to remain in the nation's consciousness, the consigner held on to it, most likely to maximize its value. Probably (I don't have the numbers on this), the jersey's price tag has only increased over the years, though perhaps it has leveled off recently. In my amateur yet serious opinion, Laettner and his consigner tired of owning a $100,000 jersey and not being able to spend it -- and weren't concerned about its depreciation. With the modernization of college basketball (rule changes, the "one and dones," etc.), Duke's teams of the early 90's were one of the last of an era. No way that jersey was ever going to get cheaper. Perhaps it was even a smart investment by the buyer, who has so far chosen to remain anonymous. " If there is one artifact that best symbolizes the sheer unpredictability and outright serendipity of March Madness, it is this very jersey," read Leland.com's item description. Nicely put.

Other items sold were Jackie Robinson's 1947 Rookie of the Year Award for $401,698, Juan Gonzalez's MVP Award for $23,287, and Livan Hernandez's 1997 Florida Marlins World Championship ring for $18,752. If hipsters were sports fan, oh how they would crave for the latter two slightly irreverent pieces of sports history. (Of course, hipsters would probably max their bidding at $40 and never have a real chance anyway.)

The most ever paid for a jersey of any sport all time at auction was $4.4 million for the threads once worn by Babe Ruth, according to Lelands.com. The most ever paid for a basketball jersey all time was $190,000 for a Julius Erving Virginia Squires singlet, or the one he wore in the ABA before joining the Nets.

The below video is probably uneccesary, but here it is anyway: