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After selling his championship rings for charity some time ago, the prized jewelry is back on the auction block. Heritage Auctions is accepting bids on each piece through August 27.
LakersLegacy wrote:The Lakers ring is worth less than half? The 2001 team was a ridiculous 15-1 in the play-offs. Sweeping the mighty Spurs
The Rebel wrote:I doubt Grant is broke, he has been working for the NBA and Bulls since he retired and should have his pension which is well over $100k a year for his years of service. I am glad that someone else figured out he had sold them for charity years ago. I get that the ring is special, so special that you really cannot do anything but put it in a display case and feed your ego when you have guests. If he isn't into that and his family don't want them than no need to keep them.
pootybooty wrote:No problem with players selling rings. If they need the money, then what good is sports memorabilia sitting on the shelf or in a closet? Even if he doesn't really need the money, he's 57 years old and can't take the rings or money he gets from the rings with him, so maybe he wants to use the money to live a comfortable life and spend it on his hobbies or traveling. I think if you have like 1 million the bank that interest alone will give you back like 4-5 grand a month, which is a full 50-60k every year to live off of without dipping into your million dollars, in which case maybe Horace wants to use this money for investments to add to his retirement. He still has the memories, relationships and film to rewatch. Rings, used jerseys, game balls etc. are just material items that serve no real purpose other than to look at. Just my opinion.
Apz wrote:The Rebel wrote:I doubt Grant is broke, he has been working for the NBA and Bulls since he retired and should have his pension which is well over $100k a year for his years of service. I am glad that someone else figured out he had sold them for charity years ago. I get that the ring is special, so special that you really cannot do anything but put it in a display case and feed your ego when you have guests. If he isn't into that and his family don't want them than no need to keep them.
Doesnt matter how much money u make, the expenses for those kind of ppl are high. Otherwise nba players would be set for life on the rookie deals even if taken late
azcatz11 wrote:pootybooty wrote:No problem with players selling rings. If they need the money, then what good is sports memorabilia sitting on the shelf or in a closet? Even if he doesn't really need the money, he's 57 years old and can't take the rings or money he gets from the rings with him, so maybe he wants to use the money to live a comfortable life and spend it on his hobbies or traveling. I think if you have like 1 million the bank that interest alone will give you back like 4-5 grand a month, which is a full 50-60k every year to live off of without dipping into your million dollars, in which case maybe Horace wants to use this money for investments to add to his retirement. He still has the memories, relationships and film to rewatch. Rings, used jerseys, game balls etc. are just material items that serve no real purpose other than to look at. Just my opinion.
Which means he blew threw $100m+
Apz wrote:The Rebel wrote:I doubt Grant is broke, he has been working for the NBA and Bulls since he retired and should have his pension which is well over $100k a year for his years of service. I am glad that someone else figured out he had sold them for charity years ago. I get that the ring is special, so special that you really cannot do anything but put it in a display case and feed your ego when you have guests. If he isn't into that and his family don't want them than no need to keep them.
Doesnt matter how much money u make, the expenses for those kind of ppl are high. Otherwise nba players would be set for life on the rookie deals even if taken late
pootybooty wrote:No problem with players selling rings. If they need the money, then what good is sports memorabilia sitting on the shelf or in a closet? Even if he doesn't really need the money, he's 57 years old and can't take the rings or money he gets from the rings with him, so maybe he wants to use the money to live a comfortable life and spend it on his hobbies or traveling. I think if you have like 1 million the bank that interest alone will give you back like 4-5 grand a month, which is a full 50-60k every year to live off of without dipping into your million dollars, in which case maybe Horace wants to use this money for investments to add to his retirement. He still has the memories, relationships and film to rewatch. Rings, used jerseys, game balls etc. are just material items that serve no real purpose other than to look at. Just my opinion.
I_Like_Dirt wrote:The whole comparison to Kevin McHale is ridiculously close, imo... And that's without more hilarious aspects of the comparison, e.g. if Wally Sczerbiak were 7 feet tall with the slower reflexes that came with the additional height, he'd be Bargnani.
dk1115 wrote:Doesn't the NBA pension start at 55? And Horace would probably be getting about 50k per year just based on that.
azcatz11 wrote:pootybooty wrote:No problem with players selling rings. If they need the money, then what good is sports memorabilia sitting on the shelf or in a closet? Even if he doesn't really need the money, he's 57 years old and can't take the rings or money he gets from the rings with him, so maybe he wants to use the money to live a comfortable life and spend it on his hobbies or traveling. I think if you have like 1 million the bank that interest alone will give you back like 4-5 grand a month, which is a full 50-60k every year to live off of without dipping into your million dollars, in which case maybe Horace wants to use this money for investments to add to his retirement. He still has the memories, relationships and film to rewatch. Rings, used jerseys, game balls etc. are just material items that serve no real purpose other than to look at. Just my opinion.
Which means he blew threw $100m+
pootybooty wrote:No problem with players selling rings. If they need the money, then what good is sports memorabilia sitting on the shelf or in a closet? Even if he doesn't really need the money, he's 57 years old and can't take the rings or money he gets from the rings with him, so maybe he wants to use the money to live a comfortable life and spend it on his hobbies or traveling. I think if you have like 1 million the bank that interest alone will give you back like 4-5 grand a month, which is a full 50-60k every year to live off of without dipping into your million dollars, in which case maybe Horace wants to use this money for investments to add to his retirement. He still has the memories, relationships and film to rewatch. Rings, used jerseys, game balls etc. are just material items that serve no real purpose other than to look at. Just my opinion.
Apz wrote:If he is broke I kinda hope NBA steps in and bus them and put in some museum. Hate when stuff like that ends up in some private collection and never is seen again. Happens way too often to like classic racecars and such is bought up by some oil arab and is never seen again. I find it sad.