T206 Wagner reoffered???

[bnorth]

Maybe it has something to do with their "I own it now" program.

[whiteymet]

Originally Posted by bnorth

Maybe it has something to do with their "I own it now" program.

Ben:

I am not familiar with their I own it now program. Do you know how it works? I just checked their website and clicked on I own it now and all that it said was:

Look for our next Sale in the Summer!

[bnorth]

Originally Posted by whiteymet

Ben:

I am not familiar with their I own it now program. Do you know how it works? I just checked their website and clicked on I own it now and all that it said was:

Look for our next Sale in the Summer!

I have never used it but this is my understanding from people that have. After the auction is over the owner of the card/item basically consigns it to Memory Lane. Then they(ML) try to sell it for more then the new owner paid for it. They also do it with items that do not get a bid.

[whiteymet]

Originally Posted by bnorth

I have never used it but this is my understanding from people that have. After the auction is over the owner of the card/item basically consigns it to Memory Lane. Then they(ML) try to sell it for more then the new owner paid for it. They also do it with items that do not get a bid.

Gotcha!

Funny though, if Neshek was offered the card and turned it down why wouldn't it be listed on their site? Unless they sold it.

If it is a program as you describe, I am also surprised there are NO items offered

[KMayUSA6060]

Side note: Neshek is awesome. He tweeted his address for people to send cards to for through-the-mail autos.

[nat]

By the end of this season Neshek will have earned $23m playing baseball.

Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?

Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.

Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.

[trdcrdkid]

Here is an article from the Wall Street Journal about Neshek's collection that I posted a couple of months ago:

http://net54baseball.com/showthread.php?t=239976

[darwinbulldog]

Originally Posted by nat

By the end of this season Neshek will have earned $23m playing baseball.

Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?

Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.

Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.

Can't say that I have, but I'm certain I would have in his financial situation.

[whitehse]

Originally Posted by nat

By the end of this season Neshek will have earned $23m playing baseball.

Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?

Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.

Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.

When I worked in MLB the players received about 85K per year as part of the licensing agreement with the Players association. Now I worked in MLB nearly 30 years ago and I have zero doubt the players cut of the licensing is considerably higher per year than the 85K. Add into the fact that they are paid to wear shoes and equipment and receive money from various other outlets, more than likely this might be his "extra" money from these endorsements he is using to purchase the Wagner. These guys make way more money besides their yearly salary!

[MattyC]

Originally Posted by nat

By the end of this season Neshek will have earned $23m playing baseball.

Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?

Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.

Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.

So you know how all his investments have panned out?

Besides, the guy can spend however much of his money however the hell he wants. He earned it.

[savedfrommyspokes]

Originally Posted by nat

By the end of this season Neshek will have earned $23m playing baseball.

Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?

Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.

Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.

A starter in this year's All star game lives (in the off season) about 3 miles down the road from me. He lives in a very modest home in a modest neighborhood. Once he finishes next season, he will have earned as much as
Neshek has in his career. By most standards, this player lives quite frugally for the amount of money he earns....there are many more expensive places to live in our area. This means that he can afford to buy such a card if he wanted to and still have plenty of money left over due to his frugal lifestyle. For me, to spend 5% of my lifetime earnings would be impossible to manage, but for someone who has earned $20M+ and lives frugally, there is no reason they could not afford to spend 5% of their lifetime earnings (on something that will appreciate in value).