Would you follow through and pay? Brady's last TD

[tschock]

My non-contractually, cheeky-tongued, crystal ball is hazy but I see this playing out in 1 of 3 ways.

Buyer will renege on purchase, claim false advertising, and attempt to get money back. Auction House will claim that it was not false advertising at the time of sale. Lawyers will get involved costing both buyer and AH money. Deal will be struck, either with or without courts involved. Buyer will get the 'not final' TD ball for fraction of the cost. Brady will comeback, get injured in the first game and decide to REALLY retire. Even though lawyer fees involved, buyer makes a killing (at least relative to the original price).

OR

Buyer will renege on purchase, claim false advertising, and attempt to get money back. Auction House will claim that it was not false advertising at the time of sale. Lawyers will get involved costing both buyer and AH money. Deal will be struck, either with or without courts involved. AH will retain the ball and buyer will be refunded. Brady will comeback, get injured in the first game and decide to REALLY retire. Even though lawyer fees involved, AH makes a killing because ball now sells for $1 Million.

OR

Buyer will renege on purchase, claim false advertising, and attempt to get money back. Auction House will claim that it was not false advertising at the time of sale. Lawyers will get involved costing both buyer and AH money. Deal will be struck, either with or without courts involved. Brady will comeback and throw another touchdown pass, thus reducing the value of the original ball substantially.

It's a win-win-win situation!!!... For the lawyers. 🙂

[BobC]

Originally Posted by tschock

It's a win-win-win situation!!!... For the lawyers. 🙂

That is the first, and most, 100% accurate statement in this entire thread!

[darwinbulldog]

Maybe somebody already asked this, but would it really be seen in the eyes of the court as entirely unforeseeable that Brady would come out of retirement? There were already plenty of sports pundits and other former NFL players who were saying last month that they expected he'd play next season. Wouldn't the auction have gone even higher if that hadn't been the case, or did the bidders just figure they could get out of paying if that happened?

[Peter_Spaeth]

Originally Posted by darwinbulldog

Maybe somebody already asked this, but would it really be seen in the eyes of the court as entirely unforeseeable that Brady would come out of retirement? There were already plenty of sports pundits and other former NFL players who were saying last month that they expected he'd play next season. Wouldn't the auction have gone even higher if that hadn't been the case, or did the bidders just figure they could get out of paying if that happened?

On the other hand, by adding a sentence to the auction Leland's easily could have foreclosed any argument by the buyer.

[JustinD]

A fool and his money are soon parted...

This was the risk that the bidder made and did lose 500k in 2 hours which was impressive. Anyone who thought that Brady would not pull a Favre in at least the next 2 years is nuts. Granted the speed of the return was a tiny surprise, but for me it would only had been a shock if he did not return after next season.

He should pay and learn about risk in investment.

[keithsky]

This is a smaller scale but it's like going to a concert that was promoted as the artist farewell tour. You buy the ticket, concert is over, sell the ticket for a good sum of money then the artist decides to come out of retirement a couple years later to tour again.

[JollyElm]

Originally Posted by keithsky

This is a smaller scale but it's like going to a concert that was promoted as the artist farewell tour. You buy the ticket, concert is over, sell the ticket for a good sum of money then the artist decides to come out of retirement a couple years later to tour again.

That's funny. We went to the highly-touted 'farewell tour' of The Who at Giants Stadium. Who knew then that they'd still be touring a couple of decades later?

[Aquarian Sports Cards]

Originally Posted by Peter_Spaeth

On the other hand, by adding a sentence to the auction Leland's easily could have foreclosed any argument by the buyer.

Could there be a reasonable person argument made? Since, the second Brady retired speculation about a comeback was rampant in the media, would a reasonable person have to assume the possibility of a comeback?

[keithsky]

Funny how all the big stars always say there retiring to spend more time with their family. Then after a few months their back playing ball again. So much for quailty time with the family. Guess the family doesn't cheer them when they walk in the room

[BobC]

Originally Posted by keithsky

Funny how all the big stars always say there retiring to spend more time with their family. Then after a few months their back playing ball again. So much for quailty time with the family. Guess the family doesn't cheer them when they walk in the room

Famous comedian, and one time part-owner of the Cleveland Indians, Bob Hope, got married to his wife Dolores in 1934, and remained so till he died 69 years later. Many years after getting married, Hope was asked the secret for his long marriage to just one women, his wife Dolores. He quickly responded it was very simple, they went out to dinner twice a week..............he went on Tuesdays and she went on Thursdays!

[Stampsfan]

Originally Posted by keithsky

This is a smaller scale but it's like going to a concert that was promoted as the artist farewell tour. You buy the ticket, concert is over, sell the ticket for a good sum of money then the artist decides to come out of retirement a couple years later to tour again.

I went to the (first) Kiss farewell tour in 2000. I know the year as I still have the T-shirt. By my estimation I've seen four more farewell tours since then. The last one was in Chula Vista (San Diego) in September of 2021.

[Peter_Spaeth]

Originally Posted by Aquarian Sports Cards

Could there be a reasonable person argument made? Since, the second Brady retired speculation about a comeback was rampant in the media, would a reasonable person have to assume the possibility of a comeback?

So why doesn't that give rise to a duty on Leland's to disclose the speculation? Leland's knows and has made clear all the value in the ball depends on his being retired. All these arguments cut both ways it seems to me.

[doug.goodman]

Maybe Tom Brady was in on it...

[BobC]

Originally Posted by Peter_Spaeth

So why doesn't that give rise to a duty on Leland's to disclose the speculation? Leland's knows and has made clear all the value in the ball depends on his being retired. All these arguments cut both ways it seems to me.

Peter, Don't get mad, and not trying to be a contrarian, but the value does not depend on Brady being retired or not. It depends on whether or not he ever throws another TD in an NFL game. To me, that is a big difference.

[Snapolit1]

Originally Posted by Peter_Spaeth

So why doesn't that give rise to a duty on Leland's to disclose the speculation? Leland's knows and has made clear all the value in the ball depends on his being retired. All these arguments cut both ways it seems to me.

By the same logic, would someone need to disclose in the sale of a $400,000 Fernando Tatis, Jr. superfractor card “(PLEASE NOTE: Mr. Tatis has a proclivity to ride Motorcycles at night rates of speed and apparently has crashed now on more
than one occasion. The long term value of this card and all cards involving Mr. Tatis may be contingent upon future accidents beyond the control of the auction house.”

[jcmtiger]

Not a Brady fan, hope he falls on his face . He and Rodgers are publicity fans looking out for them selves.

[D. Bergin]

Originally Posted by darwinbulldog

Maybe somebody already asked this, but would it really be seen in the eyes of the court as entirely unforeseeable that Brady would come out of retirement? There were already plenty of sports pundits and other former NFL players who were saying last month that they expected he'd play next season. Wouldn't the auction have gone even higher if that hadn't been the case, or did the bidders just figure they could get out of paying if that happened?

I don't think any of the bidders (or Leland's), anticipated that Brady would come out of retirement, just hours after the auction for his alleged last TD ball ended.

If it had been a week later, and money had already been exchanged, it might be a much more complicated matter.

As it is...I'd guess, to use a football analogy, we have off-setting penalties. Time to re-set, regroup, and try it all over again. Probably best for everybody involved this ball didn't go for multi-million $'s.

If this ball WAS legit, and has rock solid, unimpeachable provenance....I have a hard time wrapping my head around the fact that several Tom Brady trading cards, have sold for multiple times what this ball hammered down for...even if the ball ends up just being a known thrown TD ball from a playoff game near the end of Brady's career.

I would think ANY Brady TD ball, would be worth more then ANY Brady trading card.

[Lorewalker]

Originally Posted by darwinbulldog

Maybe somebody already asked this, but would it really be seen in the eyes of the court as entirely unforeseeable that Brady would come out of retirement? There were already plenty of sports pundits and other former NFL players who were saying last month that they expected he'd play next season. Wouldn't the auction have gone even higher if that hadn't been the case, or did the bidders just figure they could get out of paying if that happened?

I agree. Even the way his retirement was leaked initially and everyone including him came out and said it was not true only to have him recant and then confirm he was retiring a few days later.

Not sure the value of a first TD ball is compared to that of a last TD ball but his first sold for 428K in 2021 by Leland's which I don't think suggests anyone held back in Saturday's auction.