2009-11-17T10:34:24-05:00 Economy causing more athletes to pawn championship rings 2008-12-22T13:10:44-05:00 17 2008-12-22T13:10:44-05:00 1 2 10 2008-12-22T22:02:42-05:00 http://img.fannation.com/upload/user_profile/image/558/950/thumb/EyeLogoForE.jpg 2044 TX E in Austin, Texas Austin 559430 19 Add to that : college national championship rings. Duh! 3742530 2008-12-22T21:33:55-05:00 http://img.fannation.com/upload/user_profile/image/558/950/thumb/EyeLogoForE.jpg 2044 TX E in Austin, Texas Austin 559430 18 It doesn't just specify that they were professional championship rings. So I wonder how many are football and basketball national championship rings. That would make more sense to me. Not all of the players on a NC football or basketball team are going to go pro and some of these guys just quit college without graduating so their ability to make a viable income is limited. 3742178 2008-12-22T20:15:32-05:00 http://img.fannation.com/upload/user_profile/image/616/965/thumb/Green_Lantern_Emblem_Dark_Green_Shirt.jpg 432 XX A.Hendry No City 617605 17 I'll start- Plaxico Buress 3741746 2008-12-22T20:15:16-05:00 http://img.fannation.com/upload/user_profile/image/616/965/thumb/Green_Lantern_Emblem_Dark_Green_Shirt.jpg 432 XX A.Hendry No City 617605 16 Here's a game we can play! Who sold their championship rings from the 08 Giants an 07 Red Sox? 3741712 2008-12-22T18:25:44-05:00 http://img.fannation.com/upload/user_profile/image/161/635/thumb/file_10_27.jpg 3416 WI Zizou10 Milwaukee 161935 15 Wasn't it Patrick Ewing that said something during one of the NBA strikes about how they may earn a lot but they spend a lot too? 3741122 2008-12-22T15:40:33-05:00 3 AZ CGraves Phoenix 640509 13 Well not every player makes a million a year or for that matter a million in a career. Most of these players on the NFL side pawning their rings could be guys who were bench players who are not out of football. A couple hundred thousand is nothing to scoff at or feel sorry for but not every player sees a million in their playing time. Just the ones that make headlines. 3738821 2008-12-22T15:11:59-05:00 http://img.fannation.com/upload/user_profile/image/483/1/thumb/byebyetn.jpg 2198 rhymeister tea town aka Tokyo 4851 How is this possible. They make millions of dollars a year? How is that I can live off my teacher salary but they can't with theirs? 9 Cocaine, weed, meth, Native American casinos, alkyhaul, bling bling bling, wine, women &amp; song, Golddiggers, you name it these guys do it. That's why all the leagues should make these guys put X amount into retirement. I would say 10% and guarantee them a certain return on investment, then most of them would I think. 3738246 2008-12-22T15:36:51-05:00 http://img.fannation.com/upload/user_profile/image/351/161/thumb/msp_logo.jpg 1664 NY Docmadlab 351581 Cocaine, weed, meth, Native American casinos, alkyhaul, bling bling bling, wine, women &amp; song, Golddiggers, you name it these guys do it. That's why all the leagues should make these guys put X amount into retirement. I would say 10% and guarantee them a certain return on investment, then most of them would I think. 12 Haven't ever heard the expression &quot;A fool and his money will soon part&quot;? You cannot mandate that anyone save and/or manage their money well. This is America and everyone has the equal God given right to be stupid. 3738699 2008-12-22T15:34:42-05:00 http://img.fannation.com/upload/user_profile/image/351/161/thumb/msp_logo.jpg 1664 NY Docmadlab 351581 11 Any world champion athlete who finds himself in a position that he needs to pawn his ring deserves to be broke. 3738692 2008-12-22T15:31:09-05:00 1 CA wdp84fb Los Angeles 521953 10 It's mostly support staff and those behind the scenes with normal incomes that are selling their rings - not the athletes who make the millions (though not in every case). 3738579 2008-12-22T13:23:38-05:00 http://img.fannation.com/upload/user_profile/image/550/779/thumb/thumbnailCAEDHFLX.jpg 14678 HQ Ms. T-Rixi. Fan Nation 551259 2 How is this possible. They make millions of dollars a year? How is that I can live off my teacher salary but they can't with theirs? 3736467 2008-12-22T15:11:59-05:00 http://img.fannation.com/upload/user_profile/image/483/1/thumb/byebyetn.jpg 2198 rhymeister tea town aka Tokyo 4851 How is this possible. They make millions of dollars a year? How is that I can live off my teacher salary but they can't with theirs? 9 Cocaine, weed, meth, Native American casinos, alkyhaul, bling bling bling, wine, women &amp; song, Golddiggers, you name it these guys do it. That's why all the leagues should make these guys put X amount into retirement. I would say 10% and guarantee them a certain return on investment, then most of them would I think. 3738246 17 <div class="photo_container image_right" style="width: 300px;"> <div class="photo"><img title="Giants championship ring" src="http://i.cnn.net/si/fannation/giants-ring.jpg" alt="Giants championship ring" width="298" height="311" /></div> <div class="photo_attributes" style="text-align:right;">Tim Robins has already resold one Super Bowl XLII ring.<br /></div> <div class="photo_attributes" style="text-align:right;">Jason DeCrow/AP</div> </div> <p>If you've ever thought about buying an authentic championship ring from one of your favorite teams, CNBC sports business reporter <strong>Darren Rovell</strong> says <a href="http://www.cnbc.com/id/28352164" target="_blank">your time to buy is now</a>.</p> <p>"We&rsquo;ve seen more rings go up for sale in the last three months than ever before," Rovell writes. "It makes sense. It&rsquo;s the sports world's version of the pawn shop story. Pawn shops do well because they buy low during recessionary times and they can still sell high to those who still have the money."</p> <p>Rovell spoke with <strong>Tim Robins</strong>, who claims to buy and sell about 1,200 rings in a year through his resale outpost <a href="http://www.championship-rings.net/" target="_blank">Championship-Rings.net</a> (a site currently buckling under heavy traffic). Robins says the flagging economy has given his business a boost. "We&rsquo;ve been getting a lot more items that we would not normally see," Robins says. "I&rsquo;m talking about older items that were usually family possessions, cherished possessions. But we&rsquo;ve also newer items. We even had someone who sold their 2008 New York Giants ring. We got a 2007 World Series ring from the Red Sox and these are things that you don&rsquo;t see come out."</p> <p>CNBC.com has the <a href="http://www.cnbc.com/id/15840232?video=973762135" target="_blank">entire interview</a>.</p> <p>We spent some time scouring the listings on Robins' site and made a number of fascinating finds. Make sure to check it out when it gets back up and running.</p> <p><a href="http://www.cnbc.com/id/28352164" target="_blank">Championship Ring Sales On Upswing In Down Economy</a> [CNBC.com]<a href="http://www.cnbc.com/id/15840232?video=973762135" target="_blank"><br />VIDEO: Ring Recession</a> [CNBC.com]</p> 18 NY The SI Staff New York City 21244 34783 <div class="photo_container image_right" style="width: 300px;"> <div class="photo"><img title="Giants championship ring" src="http://i.cnn.net/si/fannation/giants-ring.jpg" alt="Giants championship ring" width="298" height="311" /></div> <div class="photo_attributes" style="text-align:right;">Tim Robins has already resold one Super Bowl XLII ring.<br /></div> <div class="photo_attributes" style="text-align:right;">Jason DeCrow/AP</div> </div> <p>If you've ever thought about buying an authentic championship ring from one of your favorite teams, CNBC sports business reporter <strong>Darren Rovell</strong> says <a href="http://www.cnbc.com/id/28352164" target="_blank">your time to buy is now</a>.</p> <p>"We&rsquo;ve seen more rings go up for sale in the last three months than ever before," Rovell writes. "It makes sense. It&rsquo;s the sports world's version of the pawn shop story. Pawn shops do well because they buy low during recessionary times and they can still sell high to those who still have the money."</p> <p>Rovell spoke with <strong>Tim Robins</strong>, who claims to buy and sell about 1,200 rings in a year through his resale outpost <a href="http://www.championship-rings.net/" target="_blank">Championship-Rings.net</a> (a site currently buckling under heavy traffic). Robins says the flagging economy has given his business a boost. "We&rsquo;ve been getting a lot more items that we would not normally see," Robins says. "I&rsquo;m talking about older items that were usually family possessions, cherished possessions. But we&rsquo;ve also newer items. We even had someone who sold their 2008 New York Giants ring. We got a 2007 World Series ring from the Red Sox and these are things that you don&rsquo;t see come out."</p> <p>CNBC.com has the <a href="http://www.cnbc.com/id/15840232?video=973762135" target="_blank">entire interview</a>.</p>