Athletes Who Went Broke and Sold Their Championship Rings


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Published: 2 years ago
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top 10 famous athletes who got poor and had to sell their rings
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In professional sports, the ultimate achievement is earning a championship ring, whether it’s in the NBA, NFL, MLB, or NHL. Although it’s just a piece of expensive metal, rings are a lifetime reminder of what a player and his teammates accomplished, and most athletes would never consider parting with their prized piece of jewelry.

Other players don’t share in this sentiment. Some chose to sell their rings for charity (like former New England Patriots safety Je’Rod Cherry) or simply because they don’t care for lavish material possessions (like former Edmonton Oilers owner Peter Pocklington). Some give them to family members as gifts or mementos. Former New York Giants linebacker and two-time Super Bowl champion Lawrence Taylor, for instance, gave his Super Bowl XXV ring to his son, who auctioned it off back in 2012. Julius Erving also sold his New Jersey Nets 1983 Championship ring and some 140 other items that netted $3.5 million on the auction block. However, other than an outstanding loan of $200,000 borrowed to build a golf course, it didn’t appear that the sales were related to any major financial issues.

Still, other players have felt a need to pawn or sell their rings, usually because of what pawn brokers refer to as the “three D’s”: drugs, divorce, and death. And a few players were even forced to sell their rings by judicial order as part of bankruptcy or debt settlements. We’ll run the gamut on these last few categories as we examine the stories behind 15 athletes who went so broke they had to sell their championship rings.

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Hey it can happen but at the end of the day these people fulfilled a dream and took chances that a lot of people would not take

3 days ago

The lawyer in the second situation was the kindest man ever. 💯

1 week ago

Phil Jackson

1 week ago

Glenn Edwards, Super Bowls 9 and 10, drugs and lives in St.Petersburg Florida,Drugs and played with the Pittsburgh Steelers.

1 week ago

hey waid a minit, waddabout ray carruth, didnt he have 2 sell his champ. ring to get prison-protection money?

1 week ago

Brown handed out towles on those teams

3 weeks ago

I know randy brown remember him as a baby..also know when he got with the bulls he never gave back to his community and much more

3 weeks ago

I don't understand what may them brock wonder shall never end

3 weeks ago

Soo everyone knows about Charles Barkley a couple years back that gambled at the Casinoes and lost more than 14 million dollars. Who thinks like this??? Charles??? I'm not going to trust you to make my money back if I ever lose it on gambling. LOL!!!!!!

4 weeks ago

How do these people lose their houses to creditors, if they had the money why not buy the house cash.

1 month ago

Didn't these guys have financial advisors that the software called experts say you should get if you win the lottery, or maybe they are the ones that robbed em.

1 month ago

omg i feel bad for laughing my ass off when i heard the ring was sold again. that kid and his mom are suckers lol

1 month ago

Don't quit your day job lol. Becoming Sports analyst is not in your future lol

1 month ago

The love of money is the root of all evil...I read this somewhere smh🤔

1 month ago

Dr J played for Philadelphia not New Jersey so you must not be a fan of the NBA that’s in The United States of America 🇺🇸

1 month ago

Many of these guys we do not know at all

1 month ago

Dam Perry is living off Social Security checks!! Know u can sack the Refridge when u eat lol!!

1 month ago

Queen Cocaine and king heroin

1 month ago

the commentator sounds like he takes other guys home lol

1 month ago

who ever made this video sucks dick everyday and was taught by there mom and dad

1 month ago

It's so annoying these people don't know how to invest or save!!!! Or learn from downfall of others

1 month ago

Wait what... 13 yr old veteran. Negro came out of the womb hooping like that?! And kids these days dont want a part-time job.

1 month ago

SMFH these billionaire team owners and leagues. Should put things in place to help avoid this for the guys who didnt abuse substances

2 months ago

NFL=Not For Long

2 months ago

Lakers news

2 months ago

Watch you pennies, this can happen to anyone

2 months ago

Why tthe black guys when be famous and make lots of money,start and pay o
Another 15 usefulls black guys?

2 months ago

The anwser has to be tom brady im am 7 minutes and 48 seconds in

2 months ago

Randy Brown had the coldest waves in his hair, hell I woulda bought them!

2 months ago