12 replies to this topic

[Phil Plantier]

I was just wondering what he was up to, hope this isn't a sign of financial difficulty.

https://twitter.com/...174656027033602

Robert Parrish has put his 1986 championship ring up for auction:http://bit.ly/TMc56w (via @darrenrovell).

Edited by Phil Plantier, 10 December 2012 - 02:49 PM.

[BroodsSexton]

There's something absolutely ghoulish about bidding on a ring like this. I want it.

[Boston Brawler]

I was just wondering what he was up to, hope this isn't a sign of financial difficulty.

Can it really be interpreted any other way? What other reasons would people have for doing this?

He already sold his other two C's rings earlier this year for over 40 grand a piece.

[dylanmarsh]

There's something absolutely ghoulish about bidding on a ring like this. I want it.

The perfect gift for the SoSH Secret Santa!

[moondog80]

Can it really be interpreted any other way? What other reasons would people have for doing this?

He already sold his other two C's rings earlier this year for over 40 grand a piece.

Bob Cousy sold his MVP trophies and he wasn't in financial difficulty, I beleieve he used the $ to pay for his grandchildren's college. Since they were just sitting in a box in his basement (the trophies, not the grandchildren), he figured why not -- it's not the trophy or ring that's important, it's the satisfaction of earning it. I can see that point of view. Granted, Chief made more than Cousy, but not anything like the crazy money of today.

Edited by moondog80, 10 December 2012 - 03:47 PM.

[Fisks Of Fury]

I saw him at the "Grand Opening" of an Ultimate Electronics in Salem, NH a while back... I can't imagine there was a lot of $$$ thrown his way for that. I hope he's just supplementing his comfortable bank account, but I don't know...

But I did get a great shot of him with my 3 year old son!

[slamminsammya]

DID SOMEBODY SAY DOUBLE ZERO FINANCING!

[Boston Brawler]

Bob Cousy sold his MVP trophies and he wasn't in financial difficulty, I beleieve he used the $ to pay for his grandchildren's college. Since they were just sitting in a box in his basement (the trophies, not the grandchildren), he figured why not -- it's not the trophy or ring that's important, it's the satisfaction of earning it. I can see that point of view. Granted, Chief made more than Cousy, but not anything like the crazy money of today.

I understand that with Cousy.

According to basketball reference Parish made over 24 million in NBA salary. I'm sure he had a few endorsements too. Just my opinion, but if he is selling rings at 40 grand a pop, he's in trouble.

[Dahabenzapple2]

Did anyone see the 30 in 30 on ESPN?

60% of former NBA players are broke within 5 years of the end of their career

about 70-80% of NFL players are broke with a 2 or 3 years of the end fo their career

very sad but predicatable once one sees/hears the stories

[MoGator71]

You'd think he's a high-profile enough guy that he could make a little money doing color for somebody, or something. Hopefully it's similar to Cousy's reasoning.

Didn't "one of the 25" sell his ring to help finance a baseball facility for kids? I'm totally blanking on who it was though.

[Boston Brawler]

Scott Williamson

http://sports.yahoo....urn=mlb,wp24318

[lexrageorge]

I seem to recall that one point folks were implicating him in a couple of domestic violence incidents against his wife. While I don't think anything was ever "proven", the accusations could very well have limited his endorsement opportunities. It also could have contributed to his financial problems.

He would not be the first ex-athlete to blow through $24M. Even Kareem had financial difficulties near the end of his career.

[maufman]

I seem to recall that one point folks were implicating him in a couple of domestic violence incidents against his wife. While I don't think anything was ever "proven", the accusations could very well have limited his endorsement opportunities. It also could have contributed to his financial problems.

He would not be the first ex-athlete to blow through $24M. Even Kareem had financial difficulties near the end of his career.

When a national publication (SI, I think) did a story on domestic violence in sports, M.L. Carr was asked about the allegations against Parish. Carr hinted strongly there was truth to them.

Also, Parish was busted about 20 years ago for possessing several ounces of marijuana (not sure if the initial charges alleged intent to distribute) -- which most of us couldn't care less about, but undoubtedly had a bigger effect on his earning power back then than it would for a player today.

Did anyone see the 30 in 30 on ESPN?

60% of former NBA players are broke within 5 years of the end of their career

about 70-80% of NFL players are broke with a 2 or 3 years of the end fo their career

very sad but predicatable once one sees/hears the stories

This was an excellent show. Highly recommended.

Turns out that while a lot of athletes' money problems are due to the stupidity you'd expect, a fair number of them are defrauded -- often by people whom the players' union has assured them are legit.