Quote:
Originally Posted by Lorewalker
The bidders do set the price but would the fact that their bids are relying on information provided not just by the seller but also the surrounding circumstances have an impact? Might help or hurt because the ball was offered very fresh off of a retirement announcement that leaked and was denied before an "official" announcement was made.
Given how much Brady loves the game and the fact that he said it was a family decision, etc I really think the bidders on this one may have overplayed their hands. In a time in our industry where money seems to be endless, there are lots of guys who might not be as prudent as they should be in order to make sure they are the one to win the item.
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I'm still on the bidder's side (for now), but I think an argument could be made as I tried to do last night that the bidder got what he bargained for -- the football at a risk-adjusted price reflecting his assessment of the chances Brady would return and throw another td. To continue the line of thought, playing devil's advocate against myself, surely someone spending that kind of money has at least rudimentary knowledge of who Brady is and what his circumstances are. So his bid was made with knowledge of, and reflected his assessment of, the risk that the stature of the ball would not hold up. The bidder ended up being wrong -- the long-shot came in almost immediately -- but tough luck.