Glove money: A-Rod's ring going on the auction block

Cousin selling 2009 World Series babble; oh yes, $2.3M baseball card on the same bill
JAN 04, 2013
Alex Rodriguez's cousin is selling the 2009 World Series ring that the New York Yankees third baseman gave him. The 14-karat gold ring is being sold at auction by Yuri Sucart, said Ken Goldin, the founder of West Berlin, New Jersey- based Goldin Auctions. Sucart is banned by Major League Baseball from Yankees property for assisting Rodriguez, a 14-time All- Star, obtain and inject performance-enhancing drugs. The ring, one of many copies Rodriguez says he had made, is part of an 850-unit online auction that opens tomorrow through Goldin Auctions. Bidding will open at $5,000 and it is expected to sell for around $30,000, according to Goldin, the founder of the auction house. “Any time you get a player's ring from a World Series is something highly special,” Goldin said in a telephone interview. “To have it be one that belonged to a player of Alex Rodriguez's caliber is just unheard in terms of precedent.” When New York won the World Series in 2009, Rodriguez gave an identical copy of his ring to Sucart, Goldin said, citing a signed affidavit that comes with the ring. Goldin said he didn't know why Sucart was selling the item. Phone numbers listed for Sucart on the Internet were disconnected. Rodriguez said in a statement through public relations firm Sitrick and Co. that he ordered “numerous” copies of the ring and was unaware Sucart was selling his. Rodriguez did not say how many were made, or whether he paid for them himself. Yankees spokesman Jason Latimer did not respond to an e- mail seeking comment about the team's policy regarding extra rings. Sucart is banned by baseball from the Yankees clubhouse, charter flights and other team-related activities, MLB spokesman Pat Courtney said in an e-mail. A three-time American League Most Valuable Player, Rodriguez in 2009 said he used performance-enhancing drugs as a member of the Texas Rangers prior to joining the Yankees. He said Sucart helped him obtain and inject the drugs. The auction, which runs until April 5, also includes a 1909 Honus Wagner card that the National Baseball Hall of Fame calls the sport's “most famous collectible.” That card could sell for over $2.3 million, which would be a record for a baseball card at public auction, Goldin said. --Bloomberg News--

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.