The Red Sox copy of the agreement that spelled out details of Babe Ruth’s sale to the Yankees in 1919 sold for$996,000 in 2005. A dozen years later, the Yankees version, signed by owner Jacob Ruppert, is expected to fetch even more. Bidding opened last week on the six-page document that had an enormous impact on both franchises–and baseball in general. It quickly soared past $250,000 and is expected to go much higher.
Also up for bid in the same auction is Babe Ruth’s 1927 Yankees World Series ring, which has already soared to $313,000n and is also approach seven figures before the final day of bidding on June 30.
Lelands’ Josh Evans was on CNBC talking about the two Ruth-related items and the sports memorabilia market as a whole. Watch the three-minute interview below.