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Ricky Williams' Heisman going up for auction

Posted on 10/2/19 at 9:35 am
Posted by Dr RC
The Money Pit
Member since Aug 2011
58126 posts
Posted on 10/2/19 at 9:35 am
quote:


Brian Hobbs remembers getting a call in 2014 to let him know Ricky Williams was interested in selling his Heisman Trophy.

An avid sports memorabilia collector, Hobbs drove from his home in Tallahassee, Florida, to meet Williams in Austin, Texas, where the former Longhorns star was finishing the undergraduate degree he had not completed when he left school for the NFL in 1999.

"He took me on a tour of the Texas football stadium and the different areas around there," Hobbs told The Associated Press by telephone.

And then he returned home with the Heisman Trophy that Williams won in 1998.

Hobbs is now selling the trophy as part of the Heritage Auctions' Fall Sports Memorabilia Collectibles offerings.

"I've had it in my collection a long time and I can't keep everything, so I thought this was good timing for the trophy," Hobbs said. "(Texas') football program is doing well, and it's a very highly sought-after trophy. ... The timing seemed like the right time for the next collector to have it."

Hobbs would not disclose how much he paid for the trophy. Heritage has estimated its value could reach $500,000, topping the auction record set last December when Tim Brown's 1987 version was sold $435,763. Williams' Heisman is the last one awarded before trophy winners were required to sign an agreement forfeiting the right to sell it.

Two other Heisman trophies were sold at auction last year: Clint Frank's 1937 trophy went for $312,000; Rashaan Salaam's 1994 award for $399,000. Other Heismans sold at auction: Larry Kelley (1936), for $328,100 in 1999; O.J. Simpson (1968) for $255,000 in 1999; Bruce Smith (1941) for $394,240 in 2005; and Charlie White (1979) for $293,750.

"Any time you're able to offer a Heisman at auction, it just doesn't happen too often," said Chris Ivy, Heritage's director of sports auctions. "The imagery that comes up when you think about it, it's the most recognizable trophy without a doubt, even more so than the NBA or NFL championship trophies. People, when they see the (Heisman), they know what it is."


LINK
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119440 posts
Posted on 10/2/19 at 9:37 am to
Can we assume they all sold them because they went broke after overspending for many years?
Posted by jlovel7
Louisiana
Member since Aug 2014
21348 posts
Posted on 10/2/19 at 9:37 am to
Pretty shameful that these kids not being able to make $ of their likeness leaves them forced to sell all of their trophies so they aren't dying in the streets.
Posted by wilceaux
Austin, TX
Member since Apr 2004
12412 posts
Posted on 10/2/19 at 9:38 am to
quote:

Williams' Heisman is the last one awarded before trophy winners were required to sign an agreement forfeiting the right to sell it.


So stupid.
Posted by jlovel7
Louisiana
Member since Aug 2014
21348 posts
Posted on 10/2/19 at 9:39 am to
quote:

So stupid.


Why? It's their trophy (ETA: Their being The Heisman Trust). They want to award it to someone who will appreciate it, not just hawk it on the open market for money.

ETA: Unless you promise them you won't sell it, they just won't give it to you. Ultimately we the people have given this trophy its prestige. There are plenty of other player of the year awards (I have no idea which of those forbid the recipients from selling them) but if none of them do that may be a solid market for you to tap into.
This post was edited on 10/2/19 at 10:36 am
Posted by Rep520
Member since Mar 2018
10439 posts
Posted on 10/2/19 at 9:41 am to
quote:

Can we assume they all sold them because they went broke after overspending for many years?


Not OJ.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119440 posts
Posted on 10/2/19 at 9:46 am to
Shouldn't the other modern era players also benefit from the pension system like OJ? Have read on here that he makes over $200K from the pension, regardless of other income. Not sure if it's accurate.
Posted by jmcwhrter
Member since Nov 2012
6588 posts
Posted on 10/2/19 at 9:47 am to
SOLD! ... for "$whatever it takes" to @MikeDitka85
Posted by rockchlkjayhku11
Cincinnati, OH
Member since Aug 2006
36478 posts
Posted on 10/2/19 at 9:52 am to
champ bailey should buy it
Posted by theGarnetWay
Washington, D.C.
Member since Mar 2010
25878 posts
Posted on 10/2/19 at 9:54 am to
quote:


Why? It's their trophy.


Exactly. So it should be theirs to do what they want with it. As a CFB fanboy I would never do such a thing, but it should be their choice.

Plus, doesn't the school itself also get a separate Heisman trophy to put on display in perpetuity when one of their players wins the award?
Posted by choupiquesushi
yaton rouge
Member since Jun 2006
30698 posts
Posted on 10/2/19 at 9:54 am to
quote:

Can we assume they all sold them because they went broke after overspending for many years?
pretty sure he had some hefty child support issues..
Posted by Rep520
Member since Mar 2018
10439 posts
Posted on 10/2/19 at 9:57 am to
quote:

Shouldn't the other modern era players also benefit from the pension system like OJ? Have read on here that he makes over $200K from the pension, regardless of other income. Not sure if it's accurate.


OJ's problem was more about how he allegedly murdered his wife and a waiter, lost the Heisman to the waiter's dad in a wrongful death case and the dad auctioned his Heisman.

I'm not sure about pension numbers, but OJ had other problems.
Posted by wilceaux
Austin, TX
Member since Apr 2004
12412 posts
Posted on 10/2/19 at 10:01 am to
quote:

Exactly. So it should be theirs to do what they want with it.


I think by "their", jlovel7 meant the Heisman Trust, not the award winners.
This post was edited on 10/2/19 at 10:31 am
Posted by ItTakesAThief
Scottsdale, Arizona
Member since Dec 2009
9220 posts
Posted on 10/2/19 at 10:05 am to
Ditka should go buy it.
This post was edited on 10/2/19 at 10:06 am
Posted by Kingpenm3
Xanadu
Member since Aug 2011
8975 posts
Posted on 10/2/19 at 10:31 am to
Who owns the Cannon trophy now?

Posted by jlovel7
Louisiana
Member since Aug 2014
21348 posts
Posted on 10/2/19 at 10:35 am to
quote:

Exactly. So it should be theirs to do what they want with it. As a CFB fanboy I would never do such a thing, but it should be their choice.

Plus, doesn't the school itself also get a separate Heisman trophy to put on display in perpetuity when one of their players wins the award?


Their trophy as in the Heisman Trust's. Not the players. If they don't want to hand it out to someone who wants to sell it then they shouldn't have to. If you have intentions of selling it, you just disqualify yourself from a private trust awarding it to you.
Posted by teke184
Zachary, LA
Member since Jan 2007
96387 posts
Posted on 10/2/19 at 10:36 am to
TJ Moran unless something has changed.
Posted by ManBearTiger
BRLA
Member since Jun 2007
21858 posts
Posted on 10/2/19 at 10:39 am to
quote:

"I've had it in my collection a long time and I can't keep everything, so I thought this was good timing for the trophy," Hobbs said. "


This is an actual OT Baller
Posted by Ssubba
Member since Oct 2014
6622 posts
Posted on 10/2/19 at 10:42 am to
Safe to say that OJ's heisman would be the most valuable. Who is next on the list? Tebow?
Posted by teke184
Zachary, LA
Member since Jan 2007
96387 posts
Posted on 10/2/19 at 10:48 am to
Tebow can’t sell his because he is after the cutoff, I believe.


My guess for most valuable is probably Barry Sanders.
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