Athletes Who Went Broke and Sold Their Championship Rings


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Published: 1 year 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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Watch you pennies, this can happen to anyone

15 hours ago

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

23 hours ago

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

4 days ago

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

1 week ago

in every professional sport, they have gone broke. Figure skating, tennis,, and even gold, NASCAR, you name it.

1 week ago

Hopefully this announcer never falls on hard times, and if so that is is not made public

1 week ago

The FRIDGE lives off SOCIAL SECURITY now??UNFUCKINGBELIEVABLE!!!😲😲😲

1 week ago

Julious Irving won an NBA CHAMPIONSHIP 1983 with the Philadelphia 76ers not the New Jersey Nets. He won an ABA Championship with the New York Nets.

2 weeks ago

Bad investments

2 weeks ago

13 yr old Antwon walker lol

2 weeks ago

I notice alot of famous sports players end up on hard drugs. Smh money really not the way to true happiness

2 weeks ago

"Not a damn thing and i dont start that until after lunch..." thats a great quote.

2 weeks ago

Wtf

2 weeks ago

Perry played 10 years he should get a really good NFL pension. I think they start getting the pension at age 50.

3 weeks ago

But your house, Pay it in full

3 weeks ago

You know it's not fair just say some of these people are broke because they went through their Mass Fortune because people like Refrigerator Perry he may have made money but he didn't get paid shit compared to what stars are making nowadays and that goes for a lot of these other people as well.

3 weeks ago

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3 weeks ago

Damn!!! Why are so many raiders crack heads

3 weeks ago

Life for most gets tough at some point; lose your job at forty and can't find another making the same salary because of agism and/or racism, and watch how quickly your$60,000/Yr, $75,000/Yr, $150,000/Yr lifestyle goes downhill. Sometimes life will hit you hard; unfortunately for athletes, it hits SUPER-HARD! There is the 1% (Michael Jordan, Phil Jackson, Larry Bird, Magic Johnson, Troy Aikman) and 99% (Refrigerator Perry and the guys of this
Video) in every category of job and income.

3 weeks ago

Funny story: I broke Randy Brown’s ankles when we are at the University if Houston together.

We were scrimmaging with the team at Hofheinz Pavillion. Craig Upchurch, Richard Hollis, Rolondo Fiererra, Horace Chaney, and the rest we’re all playing.

I shook the sh*t out of Randy...took it baseline and dunked it hard!

I wasn’t even in the team. We stopped playing for a few minutes.

Dudes were on the floor cracking up, the women’s team was watching from the stands...it was crazy. I felt bad for my man.

3 weeks ago

cool story bro

3 weeks ago

Them Raiders a trip! lololol

3 weeks ago

football players, especially back then, made chump change compared to the likes of walker and canseco

3 weeks ago

"thirteen year-old, NBA veteran Antoine Walker"

4 weeks ago

All athletes should be require to take a course of money management and life management in college in order for them to not becoming bankrupt after their professional career.

1 month ago

Dex Man lawyer ..... Solid til the day he died!! I want people like that in my circle

1 month ago

Michael Jordan

1 month ago

Phil Jackson 11 as coach 1 as player

1 month ago

13 year old A Walker ?

1 month ago

Some people can't handle money and fame and all that comes with it! The entertainment industry and sports they think its going to last forever and ever!.

1 month ago

All these guys need to do is knock everything down a tier ...

IE:

Instead of a 7 million dollar mansion, have a 700k mansion...


Instead of a 700k car, have a 70k car...

Instead of a 70k watch, have a 7k watch

Instead of a 7 k suit, have a 700 dollar suit

Instead of 700 dollar hooker...

1 month ago

Ikr lol

1 month ago