The Ohtani 50 50 ball -- lawsuit to stop Goldin Auction

[jayshum]

Originally Posted by Peter_Spaeth

2.1 million current bid, ends tonight.

Don't forget the 22% BP so it's really at $2,562,000

[oldjudge]

LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

[Lorewalker]

Originally Posted by oldjudge

LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

Does not seem like a good investment but not sure we can ignore that someone for Ohtani might be bidding on his behalf.

[packs]

If I hit the home run I don't feel like I would need the ball and certainly not to the tune of a few million bucks.

[Lorewalker]

Originally Posted by packs

If I hit the home run I don't feel like I would need the ball and certainly not to the tune of a few million bucks.

Maybe he does not need it but wants it. He can more than afford it however he does not strike me as a player with an ego...not that wanting your HR ball necessarily means you have an ego.

[Peter_Spaeth]

3.6 million pre vig and still going.

[jayshum]

Originally Posted by Peter_Spaeth

3.6 million pre vig and still going.

That's where it ended so $4,392,000 total. Over $1 million more than the McGwire 70th home run ball originally sold for.

[Aquarian Sports Cards]

Originally Posted by Lorewalker

Does not seem like a good investment but not sure we can ignore that someone for Ohtani might be bidding on his behalf.

Or his interpreter might be bidding with his money but without his knowledge.

I tried to find a picture of Kevin Spacey's character from Midnight in the Garden of Good and Evil bidding in an auction from jail to complete the image, but alas, no luck.

[OhioLawyerF5]

Originally Posted by oldjudge

LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

Why does everything have to be an investment? Why can't we buy things because we enjoy them and want to have them?

People investing in sports cards/memorabilia expecting a return on their investment greater than they could get with other, more profitable investments are the ones with more dollars than sense. People buying sports cards for the love of it are the ones who get it.

And frankly, I'm not too worried about the financial well-being of someone who can spend millions on a baseball. And neither is that person.

[Republicaninmass]

Some rich person bought it, and it will be a signal the the masses to buy more sports memorabilia at inflated prices akin to an investment to one day sell your item for 4.5 million.

[Peter_Spaeth]

Presumably there's more than enough money now for the claimants in the lawsuit to reach an allocation.

[Gary Dunaier]

Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source

[D. Bergin]

Originally Posted by Gary Dunaier

Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source

Funny...TSMC stock took a bit of a bump after that was announced. Does Ohtani also include "influencing the stock market", among his many skills? Already paid for that ball many times over.

[oldjudge]

Originally Posted by Gary Dunaier

Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source

LOL, isn’t there a restriction on national treasure’s leaving the country?