Teams negotiate to get back homerun balls

[CW]

Even if he does not sell the ball, Murphy would still owe the taxes based on a reasonable estimate of its value, according to Barrie. Capital gains taxes also could be levied in the future as the ball gains value, he said.

Thanks for posting that info, Gary. I also think that is BS, but it doesn't surprise me with out tax-happy government. By the same token, we, as taxpayers, should also be able to claim a deduction based on losses for all those games we attended in which we didn't catch a milestone homerun ball. I've spent a lot of money on baseball tickets and have yet to catch a milestone ball!