Yankees' Radio Announcer John Sterling Loses Yankee World Series Rings in Fire

[ruth-gehrig]

Thanks Michael for your replies to my questions. That pretty much sums it up.
Thanks again!
Michael

[UnVme7]

If I lost my rings, replacements wouldn't feel the same for me. The originals that were given directly to you by the team, by the person- it's special.

Replacements are good in this instance, but I'm sure he's pretty upset about it.

[ruth-gehrig]

I too cant believe these weren't protected in a safe. I can understand large bulky items may not fit in smaller safe but come on these could have been protected in a fireproof $20 Sentry safe from Walmart!!

Original would feel more special although I could only imagine replacement would have to feel pretty nice as well....especially considering thats the only alternative!

Here's another question/scenerio......one always hears that jewelry is covered under home owners insurance. If these are covered under his insurance he gets insurance payout PLUS his rings get replaced?

[UnVme7]

I would imagine they are getting made from his insurance if I'm understanding the question correctly. Anytime you receive a ring like this, you get paperwork and a value for insurance purposes that come with it.

Though for someone like him, perhaps the team or manufacturer is taking care of it due to the circumstances? I can't see how he would be able to get insurance money on top of that.

[sports-rings]

Originally Posted by UnVme7

I would imagine they are getting made from his insurance if I'm understanding the question correctly. Anytime you receive a ring like this, you get paperwork and a value for insurance purposes that come with it.

Though for someone like him, perhaps the team or manufacturer is taking care of it due to the circumstances? I can't see how he would be able to get insurance money on top of that.

Balfour will remake the rings but not for free. The Yankees will probably try to have Sterling or his insurance company pay for them. I believe Sterling's salary is paid for by Radio station, WFAN, not the Yankees.

Here's an angle you probably never thought about before but it does occasionally happen: If a ring is lost or stolen and insurance pays out on the ring, and then the ring is found years later and returned to the player, technically, the insurance company owns the ring, not the player.

I picked up a gorgeous player-sized Ravens super bowl 47 ring from the insurance company that paid on the claim.