Logan Paul Wears $5 Million Pokémon Card Into the Ring at Wrestlemania

Master showman and consummate troll Logan Paul has carried out it once more. Paul participated in a tag staff match at Wrestlemania 38 this previous weekend, coming into the ring in garish yellow clothes whereas sporting a uncommon Pokémon card as a necklace. The card—an “illustrator” Pickachu—is now the most costly single Pokémon card in existence.

Paul was available at Wrestlemania 38 to affix with tag-team companion/reality-show jerk/evil heel The Miz to struggle professional wrestling legend Rey Mysterio and his failson Dominik. 

Paul and The Miz received the match after Paul placed on an infuriatingly athletic displaying suggesting he could possibly be one of many high heels in wrestling if he didn’t produce other, extra profitable issues to do, however the story of the night time was the uncommon and costly Pickachu hanging from his neck. According to Professional Sports Authenticator (PSA), a website that retains monitor of the values of pricy collectibles, Paul spent $6 million on an ideal copy of a uncommon Pickachu “illustrator card.”

Only just a few dozen of the “illustrator” Pickachu playing cards had been produced. They use an unique drawing from Pickachu creator Atsuko Nishida Ken Sugimori and got away in Japan as a part of a promotion. Earlier this yr, a decrease high quality model of the identical card bought for just below $1 million.

After Paul’s win within the ring, the Guiness Book of World Records was available to award him a plaque and a spot in historical past. Paul’s achievement? Purchasing the “most expensive Pokémon trading card sold at a private sale” at a listed worth of $5,275,000, which might be what the cardboard is value much less the charges Paul paid that introduced the whole to $6 million.

Paul is a grasp hype man and this isn’t the primary time he’s worn Poké-bling to a struggle. Paul made headlines after the same stunt final yr earlier than his boxing match with Floyd Mayweather. He paid $150,000 for a primary version Charizard, wore it into the ring, after which claimed it was value $1 million.

The worth of Pokémon playing cards skyrocketed in the course of the pandemic. A mixture of nostalgia and tedium led folks the world over to revisit their previous interest, dig previous playing cards out of their closet, and attempt to promote them. There was such a run on playing cards that shops like Target stopped promoting them after a number of violent incidents of their shops and parking heaps the place folks fought over the collectibles.

Paul, in the meantime—who’s inexplicably pitched to be a babyface within the professional wrestling world after The Miz turned on him after their triumph towards the Mysterios— has stoked the fires of the speculative market. But he isn’t resistant to the vagaries of the web collectible world and its many scams. In January, he spent $3.5 million on  Pokémon playing cards. It was a rip-off. His packing containers had been filled with G.I. Joe playing cards.

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