Quote:
Originally Posted by Smarti5051
By this logic, it would be fair to advertise a May 2021 Angels baseball ticket as the "final game of Mike Trout's career." Or, Super Bowl tickets from last month can be advertised as the "final game of Matt Stafford's career." Technically, they have not played in a game since those games happened. The fact that Leland specifically represented the football as "the last touchdown of Tom Brady's career" establishes that this was material to the transaction.
|
Absolutely right, and technically correct in both your examples. There is no 100% guarantee that either one ever plays again. People seem to be acting like auction winners in such cases are poor, innocent, naive bidders who have been completely fooled by the evil AH description and tricked into bidding their hard earned money to buy something that eventually turns out to not be worth what they ended up paying for it. What about the possibility the auction winners are smart, savvy, and maybe conniving collectors/dealers looking to grab a collectible that there may still be some questions or doubts about as to its historical significance and value. But they bid to take advantage of that doubt themselves to try and get a big score at a cheap price, or make a huge profit reselling it down the road.
So be completely honest with yourself. Which type of bidder do you really think is most likely bidding on items like these with maybe some lingering doubts as to their significance and value, especially in cases where they're willing to bid $500K? And then answer me why they should be able to back out of such a deal, with virtually none of the risk on them?
If this deal does end up going south for the consigner, I sincerely hope that Brady ends up changing his mind and re-retiring, or at least ends up never throwing another NFL TD again, for whatever reason. And then the consigner puts the same football back up for auction, but now gets 2X, 3X, 4X what he was originally supposed to get for it in this Leland's auction.
But of course this is all just speculation at this point. No one has heard what the auction winner intends to do yet, have they? Until then, this is all moot.