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Randy Brown's championship rings auctioned for $53,833

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brown-rings-acution-randy.jpgFormer Chicago Bull Randy Brown's three NBA championship rings were sold in an auction this morning for $53,833. The winning bidder, identified only as "RingKing," had to outbid Michael Jordan's publicist and two other unidentified bidders who vied for the rings. 

A judge ordered the rings to be sold online through West Auctions following Brown's August 2008 Chapter 7 bankruptcy filing. The minimum bid was set at $19,000
Earlier this month, Brown told the Sacramento Bee that the rings were his most cherished possessions.

"People figure that here's this guy ... he's played in the NBA, he just got fired (as a coach), he's broke, and here he is giving up his championship rings," he told the paper. "That hurt me because those (rings) mean a lot to me."

Among the listed bidders on the West Auction Web site was Estee Portnoy, the longtime publicist for Bulls legend and former Brown teammate Michael Jordan.

Portnoy declined to say whether she was bidding on Jordan's behalf. Her final bid came Tuesday, topping out at $40,000.

"I was just bidding to win," said Portnoy, reached by phone Thursday afternoon. "I didn't win."

Portnoy also declined to say whether she was bidding with the intent of returning the rings to Brown.

"I didn't have any special motivation," she said. "I'm just disappointed I didn't win."

The Sacramento Bee also reported May 5 that Brown was informed he could not regain the rings by way of a third party through the auction. He was told that if he couldn't reclaim the rings, the Bulls could replace them.

Bidding was anonymous, but because it was a public sale conducted on behalf of the bankruptcy court, the name of the final bidder will eventually be released as part of public record.

Brown, a guard on the 1996, 1997 and 1998 Chicago Bulls championship teams, was fired as a Sacramento Kings assistant coach in April.


Click here to see photos of Randy Brown's championship rings.


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12 Comments

My heart breaks for the guy. God Bless Randy, I hope you find a gig that helps you get them back someday.

JORDAN'S PUBLICIST(SQUEEZE) SHOULD OF KEPT BIDDING HIGHER!!
THAN HE 53 G'S & CHANGE!!!!!WHAT ARE TEAM MATES FOR!!!! THE ECONOMY
EFFECTS US ALL!!!! GO BULLS!

Keep your head up Randy, we know you, not the winning bidder earned those rings. I've been through a chapter 7, and know it's not fun, but these things happen.

That's really sick....I'll pray for you Randy that someday you get those rings back.

Randy Brown made over $15 million dollars in his 11 year playing career. Hard to feel sorry for a guy that pizzes away that kind of money. Maybe his old posse will now take care of him now that he's broke(doubt it). It's probably more like - the money's gone, so the posse's gone.

Randy Brown made over $15 million dollars in his 11 year playing career. Hard to feel sorry for a guy that pizzes away that kind of money. Maybe his old posse will now take care of him now that he's broke(doubt it). It's probably more like - the money's gone, so the posse's gone.

Randy Brown made over $15 million dollars in his 11 year playing career. Hard to feel sorry for a guy that pizzes away that kind of money. Maybe his old posse will now take care of him now that he's broke(doubt it). It's probably more like - the money's gone, so the posse's gone.

Randy Brown made over $15 million dollars in his 11 year playing career. Hard to feel sorry for a guy that pizzes away that kind of money. Maybe his old posse will now take care of him now that he's broke(doubt it). It's probably more like - the money's gone, so the posse's gone.

Randy Brown made over $15 million dollars in his 11 year playing career. Hard to feel sorry for a guy that pizzes away that kind of money. Maybe his old posse will now take care of him now that he's broke(doubt it). It's probably more like - the money's gone, so the posse's gone.

Sad case! Jordan can't help the World! Leave him out of this! Randy has to learn. I bet he'll be alright. Take some time to think, then move with the quickness, because "Time" waits for no one. Pick yourself up, dust your clothes off, then step into the future! Life's a "B".

Sorry, Chi-Town Mike, I didn't catch that. Can you repeat it?

People are really going to feel sorry for a guy that made millions in his career and was stupid and careless with it, to the point where he had to sell off his championship rings? Really? Amazing how most Americans live on a median income of $65K a year, yet this moron can't manage millions. I hope Randy has to sell this shirt off his back in an auction for being such a dope with his money.

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