Astros demand $1 buyback of 2017 World Series ring up for auction
The Houston Astros are attempting to buy back a 2017 World Series ring currently up for auction for only $1, and the team is citing its legal right to the memorabilia as the reason.
The ring at the center of the dispute originally belonged to Astros scout David Brito, per a TMZ Sports report. The Astros are demanding that Goldin Auctions pull the listing for the item, as the MLB organization claims it has a first-look deal with Brito to buy back the ring for the aforementioned paltry sum.
Brito is said to have agreed to the arrangement by signing a contract before receiving the ring. Goldin contends that they were not aware of any $1 contract prior to agreeing to auction the ring. Still, the auction house has agreed to return the ring to the consignor, who is not Brito but a ring dealer.
The ring, listed in Goldin’s May 2020 catalog, was expected to fetch upwards of $60,000 at auction. All the proceeds were set to be donated to the CAMCare Foundation to assist hospitals and health care centers during the COVID-19 outbreak.
It appears by all accounts that the Astros organization is indeed in the right regarding its legal claim to the ring. That said, the fact that the sale of the item at auction would have raised much-needed funds amid the coronavirus pandemic only makes the Astros look bad by demanding its return.
It should certainly go without saying that the Astros hardly need any additional bad press in the aftermath of how the organization completely botched its handling of the team’s sign-stealing controversy at the onset of spring training.
In other words, the case could be made that the organization should have passed on this ring battle in order to avoid the possibility of again being portrayed in an unflattering light.