The photos show Jackson's injuries after his hair caught fire on the set of a Pepsi commercial, leaving the singer with second degree burns.
Gaga is a big fan of the King of Pop, and now she's planning to add to her collection of odd items with a set of one-of-a-kind memorabilia, reports contactmusic.com.
Bosses at Flatsigned auction house in Nashville, Tennessee are selling the original medical records and photos from Jackson's traumatic head injury, which were found in a trash bin near the hospital where the late pop legend was treated in Los Angeles, California, nearly 30 years ago.
Tim Miller of Flatsigned told the International Business Times that he believes the items are such a hot commodity that the final price could reach around $2 million.
"Lady Gaga's attorney and ours have been dealing with each other and she's very much in the frame,” he said.
This won't be the first time Gaga has spent her fortune on Jackson memorabilia -- last year, she purchased 55 items that once belonged to the legendary singer, for a reported USD 1 million.