Be careful when throwing rocks, we will have a bunch of young kids with rings of their own soon. Young kids do crazy crazy things sometimes, I know I've been there.
And older ones down on their luck. Hell, you can even buy a Heisman, Super Bowl, World Series and Olympic gold medals if you want one.
Recently, Pete Maravich's widow put up all of his basketball treasures up for sale including the ball with which he broke the all-time scoring record, LSU uniform (which brought over $100,000), Celtics uniform, rings, trophies, etc. I don't know what prompted her to do this, but some of the proceeds went to one of Dale Brown's charitable projects. Still, it was sad to see those things scattered through an auction. The great Bob Cousy is selling all of his basketball memorablia, as he said, so that his kids could have some future financial security. Baton Rouge's own Rodney Milburn had sold his Olympic gold medal before he died. So it is indeed sad when former athletes feel forced to sell their precious mementos when they need money. It is even sadder when a college athlete sells his ring because he values the cash more than the object.
we had some players trying to sell their tickets to the national championship.. the rings would have been next to go if they were not caught
One thing I always point out in these discussions: Sometimes players might give their memorabilia to friends, relatives, girlfriends, etc. and that's the person who's auctioning it off.