ADVERTISEMENT

Do all these guys go broke?

stevemacc

Starter
Gold Member
Jan 17, 2006
847
140
453
Jamal Lewis' ring sold in auction



Updated: February 8, 2015, 3:37 PM ETBy Darren Rovell | ESPN.com



Print
Subscribe



A Super Bowl ring that Baltimore Ravens owner Stephen Bisciotti gave to former running back Jamal Lewis was sold in an auction for $50,820 on Sunday morning.

The ring was from the Ravens' Super Bowl XLVII victory, which Lewis wasn't a part of. But Bisciotti gave rings to former Ravens greats including Lewis, who was inducted into the team's ring of honor in 2012.





[+] Enlarge

Courtesy Goldin AuctionsJamal Lewis was given a ring commemorating Baltimore's Super Bowl XLVII victory by Ravens owner Steve Bisciotti.



"Jamal is one of the all-time Ravens greats," said Ken Goldin of Goldin Auctions, which sold the ring to a collector in Maryland. "This ring was hotly contested and we saw a lot of interest from Ravens fans."

The ring, which is made out of 10K white gold and has 3.75 carats worth of diamonds, was consigned to the auction by a pawn shop who Lewis sold the ring to.

Lewis was drafted in 2000 and led the Ravens to a Super Bowl title in his rookie year. He played with the Ravens until 2006 before finishing his career with the Cleveland Browns.

In 2012, three years after he retired, Lewis filed for bankruptcy.

Another noteworthy ring that sold in the auction was the 2008 AFC title ring given by the New York Jets defensive coaches in a scandal dubbed "Spygate." The 10K gold ring, which has 55 diamonds on it, sold for $16,940.

Other items that sold in the auction included a ball signed by the 1919 "Black Sox" ($81,070), a 1942 game-used Joe DiMaggio jersey ($169,400) and a Michael Jordan game-used jersey and shorts from the 1990-91 season ($29,040).
 
Way too many of them do, for sure. They frequently come from poor backgrounds, and lack fundamentals that enable them to take advantage of their football "wealth." What none of them realize is that really don't have THAT MUCH money. Surely not enough to buy mansions, fleets of luxury vehicles, and then take care of all of the hangers-on. The teams lecture them and expose them to "training," but they still don't get it. Sad.
Posted from Rivals Mobile
 
An agent was once quoted, when asked how his clients could make more than $50 million and go broke, "the three main reasons are divorce, divorce and divorce". Lotta truth in that.
 
Unfortunately most of them are broke within 10 years of leaving the league. They believe they have to live a certain lifestyle and take care of their posse. Add in the fact that there are a number of scam artists out there who are looking to take advantage of them in shady investment deals which never pan out and its a disaster waiting to happen.
 
ADVERTISEMENT

Latest posts

ADVERTISEMENT