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

[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.

[SyrNy1960]

As a game used collector, I can't stand stickers being placed on game used items. Annoys the heck out of me every time I see it!

[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?

[Gary Dunaier]

The buyer was a Taiwanese investment firm, UC Capital.

Kyodo News: Ohtani's historic 50-50 ball bought by Taiwanese company

SI.com: Who Was The Winner Of the $4.4 million Shohei Ohtani Ball?

Sports Collectors Daily: Taiwanese Company That Won Auction for Ohtani Ball Hopes to Display It

[rlevy]

There have been 2 bidders going at each other for the last hour trying to win the baseball Ohtani hit for a double in Game 1 of the World Series. Hard to believe one of them isn't the same investment company that bought the 50-50 baseball. Current bidding is at $300,000. MLB auctions have a five minute clock extension after every bid. This may go on for a while if both have unlimited funds and desire.

Rick

https://dodgers.auctions.mlb.com/202...88#bid-history

Actually closed at $302,000.