Thread: Trivia
View Single Post
  #10  
Old 08-26-2021, 01:07 PM
molenick's Avatar
molenick molenick is online now
Michael
Member
 
Join Date: Feb 2012
Posts: 689
Default

I have seen "reliable" sites use the $100K number and "reliable" sites use the $125K number. It's hard to know who is getting their information second-hand from whom, but here is a link to an auction of the contract promissory note in relation to the sale https://goldinauctions.com/LotDetail...entoryid=10213.

It appears that the $100K number is based on the fact that "The $100,000 payment was to be distributed with $25,000 in cash at the signing, plus three promissory notes each for $25,000, payable over the next several years at a rate of 6% per annum."

Again, I can't say which is correct but it wasn't a straightforward cash deal, which may have resulted in the confusion of the actual number.
__________________
My avatar is a drawing of a 1958 Topps Hank Aaron by my daughter. If you are interested in one in a similar style based on the card of your choice, details can be found by searching threads with the title phrase Custom Baseball Card Artwork or by PMing me.

Last edited by molenick; 08-26-2021 at 01:13 PM. Reason: the auction was not of the contract...it was of the promissory note related to the contract
Reply With Quote