Twitter: Larry Brown SB XXX ring sold at auction

[Alexander]

Apparently, he sold the ring in 2003. This was listed by someone else.

http://cowboysblog.***BANNED-URL***...hampionship-ring-hits-the-auction-block.html/

Brown’s ring has actually been auctioned off once before — in the summer of 2003, when it went for $29,079. At the time, Brown sold off numerous items, among them his game-worn uniform and spikes, a replica of the Super Bowl XXX Lombardi Trophy (which went for $22,400), his MVP wristwatch ($1,938) and his MVP trophy ($26,435). Seven years later, he was spotted on eBay trying to sell his copy of the Super Bowl XL Opus MVP Edition for $24,999. Never did find out how that went.

That is even crazier that he sold it off less than 10 years away from the sport.

 

[CashMan]

You'd think Jerry could help him out if he's in financial dire.

Wouldn't he need money to pay him back? If you do not have money, how do you pay it back? If he can not manage his money, would giving him more, teach him how to manage it? I am sure, there are programs in the NFLPA to help these guys.

 

[Zimmy Lives]

Seems to be a trend. William Perry is selling his too, but he has extremely bad health issues.

It is just insane to me how these players can get handed more money than most see in a lifetime and then they cannot manage it.

Maybe it's not that important to him.

"There comes a time, thief, when the jewels cease to sparkle, when the gold loses its luster, when the throne room becomes a prison, and all that is left is a father's love for his child." -- King Osric, Conan The Barbarian, the movie

 

[Plankton]

That is even crazier that he sold it off less than 10 years away from the sport.

He had made some questionable business decisions while he was a player.

Consider the source, but in Hell Bent, Skip Bayless wrote that Brown opened up a restaurant, and decided that he could help by serving as a cook.

Needless to say, the restaurant failed.

It's a shame to hear, but, I don't necessarily know whether the decision to sell this stuff off was purely financially driven. On the face of it, it would seem so, but who knows?

 

[BigStar]

Mementos don't mean as much to some as others. I doubt he didn't have some financial issues that forced the issue, etc. But some folks could care less about items from their playing days, etc.

 

[erod]

@erod assured me that only today's athletes go broke.

No, today's athletes go through tens of millions and go broke, whereas a good percentage of guys from way back manage to make their money last even though their total earnings didn't exceed a million dollars.

Larry Brown was at the beginning of this modern-day athlete salary boon. He got a $3.5 million signing bonus from the Raiders on a $12.5 million contract. Not sure how much was guaranteed.

The point was, it would have been understandable for athletes from the 60s, 70s, and 80s to go broke. But it's patently stupid to let $20 million slip through your hands and end up without a nickel.

Getting hooked up with gold-diggers is part of it. But making it rain in strip clubs and Vegas is the biggest problem, along with way too much spending on disposable commodities like cars, clothes, electronics, etc.

Brown kicked around in the local media, but he didn't stick anywhere. Some bad investments, no doubt. I just don't know why these guys don't take a couple of million, spread it across ten Vanguard mutual funds, and forget about it until they're 50. It won't get in the way of a good time along the way.

 

[ABQCOWBOY]

You'd think Jerry could help him out if he's in financial dire.

It's not Jerry's responsibility to help out guys. That line would never end but if he decides to do something, that's cool. However, he has no obligation to do so and it should not be expected of him or anybody. Not saying that this is what you are saying but I am saying that nobody should expect anybody else to feel obligated to do so.

 

[DenCWBY]

I heard somewhere that if players make it in the league for at least 3 years, they automatically qualify for a pension of up to around $300K per year for the rest of their lives.
Not sure of the details or if it's even valid however that's some pretty nice coin if you can stick it out for 3 years. Can anyone verify this ?

 

[mugsybows]

Is Larry broke or something?

dude thats the first thing i thought when i saw this. 90 grand for a free ring tho is a hard deal to pass up, broke or not.

 

[ABQCOWBOY]

I heard somewhere that if players make it in the league for at least 3 years, they automatically qualify for a pension of up to around $300K per year for the rest of their lives.
Not sure of the details or if it's even valid however that's some pretty nice coin if you can stick it out for 3 years. Can anyone verify this ?

https://jeffnixonreport.wordpress.com/2013/04/23/nfl-player-salaries-and-benefits-under-the-cba/

• NFL Pension Plan: $201,453 annually at age 65 or $76,920 annually at age 55. For the purposes of this example, the owners would contribute $470 for the players credited season in 2011, $560 for each credited season from 2012-2014, $660 for each credited season from 2015-2017 and $760 for each credited season 2018-2020.

 

[ABQCOWBOY]

I heard somewhere that if players make it in the league for at least 3 years, they automatically qualify for a pension of up to around $300K per year for the rest of their lives.
Not sure of the details or if it's even valid however that's some pretty nice coin if you can stick it out for 3 years. Can anyone verify this ?

https://jeffnixonreport.wordpress.com/2013/04/23/nfl-player-salaries-and-benefits-under-the-cba/

• NFL Pension Plan: $201,453 annually at age 65 or $76,920 annually at age 55. For the purposes of this example, the owners would contribute $470 for the players credited season in 2011, $560 for each credited season from 2012-2014, $660 for each credited season from 2015-2017 and $760 for each credited season 2018-2020.

 

[dallasdave]

Seems to be a trend. William Perry is selling his too, but he has extremely bad health issues.

It is just insane to me how these players can get handed more money than most see in a lifetime and then they cannot manage it.

Hard to believe, but it happens. Josh Smith in the NBA said it would be tough to get by on 6.9 million a year.

 

[Plankton]

Hard to believe, but it happens. Josh Smith in the NBA said it would be tough to get by on 6.9 million a year.

"Sure NBA players make a lot of money, but we spend a lot too."

- Patrick Ewing during NBA Lockout, 1999

 

[dallasdave]

"Sure NBA players make a lot of money, but we spend a lot too."

- Patrick Ewing during NBA Lockout, 1999

In one hand and out the other.

 

[PJTHEDOORS]

It's not Jerry's responsibility to help out guys. That line would never end but if he decides to do something, that's cool. However, he has no obligation to do so and it should not be expected of him or anybody. Not saying that this is what you are saying but I am saying that nobody should expect anybody else to feel obligated to do so.

Called goodwill and kindness. Some people have that. Sure Larry could get a coaching gig as a db asisstant coach or something to help pay back.

 

[ABQCOWBOY]

Called goodwill and kindness. Some people have that. Sure Larry could get a coaching gig as a db asisstant coach or something to help pay back.

I have nothing against goodwill and kindness but I do have problems with the expectation that somebody is obligated to help, simply because they have money. I don't think Jerry needs any guidance in this area. He has proven to be more then fair to his players over the years IMO.

 

[tyke1doe]

I hate to see that, especially a ring, what guy or person would want someones Ring....You didn't win it... your just a collector... Feel bad for Larry if you needed to get the scratch for that...

I agree. What would be the purpose of owning someone else's ring or wearing it for that matter? I can understand it being a conversation piece, but rings are more personal. I don't know if I'd ever wear a championship ring if I didn't participate in the championship.

 

[Bullflop]

Most of the players get into the habit of spending like there's no tomorrow while they're playing and don't have the self discipline to ration their spending in anticipation of rainy days in the future.

You'd think since they're college educated and have NFL financial advice available that things might be somewhat different but evidently most of them fail to take careful stock of their needs for the future.

Many of them haven't had backgrounds in environments that afford them parental examples of disciplined spending, either, so they.re at a disadvantage from the get-go. Of course, many also grew up in environments that didn't have enough to spend to begin with. Too bad that so many of them are cursed with that problem later in life.

 

[Arkyvarminter]

People say Larry wasn't that good of a player and that he was just surrounded by great talent in Dallas. They point to his sub par play at Oakland. All I know is he was a good guy and solid corner in Dallas and Super bowl MVP in Dallas and that's all I care about..........Hope he's doing ok..

 

[PJTHEDOORS]

I have nothing against goodwill and kindness but I do have problems with the expectation that somebody is obligated to help, simply because they have money. I don't think Jerry needs any guidance in this area. He has proven to be more then fair to his players over the years IMO.

People should help with or without money. It starts with a kind heart. The rest follows.