Why Tom Bradys surprising NFL return just killed the value of a 518000 football that he once used in a game
Why Tom Bradys surprising NFL return just killed the value of a 518000 football that he once used in a game
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decision to return to the NFL is likely leading to some serious buyer's remorse for at least Mitchell Trubisky Jersey one football fan, who spent more than $500,000 over the weekend to buy what they thought was the football from Brady's final career touchdown pa s.The touchdown pa s was thrown against the in Tampa Bay's divisional round playoff lo s and after Brady announced his retirement on Feb. 1, it looked like the ball, which threw into the crowd, was going to be worth a ton because it was the final TD pa s of Brady's career.The ball ended up in the , who took bids on it from February 12 to March 13. When the bidding closed on Saturday night, the final number for the . Tom Bradys final TD ball auctioned for more than half a million dollars just before he announced hes coming back. Oof Jonathan Jones (@jjones9) Although the buyer was likely thrilled that he won the auction, he didn't even get to enjoy himself for a full 24 hours, because exactly 20 hours and 13 minutes later, Brady announced that he was coming out of retirement. If Brady ends up throwing a single TD pa s in 2022, which seems highly likely considering the he led the NFL with 43 TD pa ses last season, then the value of the auctioned ball will plummet. According , the value Mike Singletary Jersey of the ball will likely drop down to about $15,000 based on the value of similar footballs. This means the person who won the auction will see their purchase decrease by more than 97% in value in a span of le s than one day.I'm gue sing this person is having buyer's remorse.The only upside for the buyer in this situation is that they likely haven't yet completed the purchase for the football because invoices are usually sent out on Mondays if there's a weekend auction.So will the guy be forced to pay $518,000 for a football that's definitely not worth $518,000? Lelands had no comment on Monday when asked . However, Lelands does have multiple rules in place to protect themselves from a bidder who refuses to pay for an item they won. If the winning bidder doesn't pay for the item within 30 days, "Lelands reserves the right, without further notice to the buyer, to (a) charge to the buyer Walter Payton Jersey 's credit card any balance remaining on the buyer's invoice; and/or (b) resell any or all the items won by the buyer. In addition, a service charge of 1.5% per month will be applied to any outstanding balance after 30 days. Buyer agrees to pay all of Lelands' costs, including attorney's fees, incurred in attempting to collect any sums due to Lelands from buyer. If buyer pays late, he or she forfeits all rights to return(s) for any and all reasons."Based on those terms, it would seem that the winning bidder could easily be forced to pay, but if Lelands does make them pay, that could come with some bad publicity, which the auction house may want to avoid, which could lead to a situation where they just cancel the bid.If that happens, then the biggest loser is the person who owns the ball. On Saturday night, they thought they were going to be $518,000 richer, but now, they might end up with nothing. The bottom line here is that someone is going to lose and it's not Tom Brady.
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