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Bonds Record Home Run Ball Sale Exceeds Estimates

By Patrick on Sep 16, 2007 in Sports Money

The ball Barry Bonds hit to break the MLB home run record was sold at Auction for $752,467, exceeding pre-auction estimates of $500,000-600,000. That’s not a bad return for Matt Murphy, a 21 year old college student, who spent $100 (for a $12 ticket) to the go to the game in San Francisco in August.

While Murphy had talked about keeping the ball, there was speculation that he would be taxed on the perceived value of the ball. He decided the best course of action for him would be to sell the ball. I’m sure right now he is very pleased that he did!

The ball Bonds hit to tie Hank Aaron’s home run record was also sold at auction and brought in a final sale price of $186,750, falling just short of the pre-auction estimates of $200,000. The seller, Adam Hughes, expects to bring home about $90,000 after he pays taxes and fees. Not bad for catching a baseball!

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