Connect with us

News

Babe Ruth jersey of ‘called shot’ fame sells for record $24 million

Published

on

Babe Ruth jersey of ‘called shot’ fame sells for record  million

Babe Ruth’s New York Yankees jersey, that he’s said to have worn in a memorable Game 3 of the 1932 World Series, is displayed at Heritage Auction in Irving, Texas, days before its record sale.

LM Otero/AP


hide caption

toggle caption

Advertisement

LM Otero/AP

A New York Yankees jersey worn by Babe Ruth during perhaps the most storied moment of the baseball legend’s career has sold for $24.12 million, shattering the record for most expensive sports collectible sold at auction.

The gray road jersey, sold by Heritage Auctions on Sunday in Dallas, was said to be worn by Ruth when he “called his shot” in Game 3 of the 1932 World Series against the Chicago Cubs.

The sale almost doubles the previous auction record for the most paid for a piece of sports memorabilia. That was for a 1952 Topps card of another Yankee legend, Mickey Mantle, which fetched $12.6 million at a Heritage auction in 2022. Before Sunday, the most expensive game-worn sports jersey was that worn by Michael Jordan in the first Chicago Bulls game of the 1998 NBA Finals; it sold for $10.1 million in 2022.

Advertisement

To authenticate the jersey, it was photo-matched by several third parties, using three photos that were taken before and after the famed World Series game, according to Heritage.

It was during that 1932 game at Wrigley Field in which Ruth was said to have prophesized the placement of his second and final home run of the game, which the Yankees won 7-5 before taking the series win from the Cubs. It happened after Ruth got two balls and two strikes on the count.

With grainy black-and-white video footage serving as evidence of the moment, the slugger appears to be pointing beyond the outfield, possibly indicating where he’s about to sink the homer, just before hitting it far over the center field fence.

Another telling has it that Ruth was gesturing toward the Cubs’ dugout, where players had been taunting the Yankee who then decided return the razzing before his hit.

Ruth himself has supported different versions of the event, at one point claiming that he called his shot.

Advertisement

What really happened has been disputed as much as its been memorialized in film and imitated on amateur baseball fields.

“It is a mystery to this day,” sports journalist Joe Posnanski told NPR’s Scott Simon last year. “What we do know is that the Cubs dugout was really riding Ruth, and he was really, you know, sort of riding them back. And we know he made some very grand gestures with his hand. There are those who say he held up his finger just to say it only takes one swing. And there are some who say he held up two fingers because they say he was saying, ‘OK, I have two strikes, and watch what I do now.’ ”

Fittingly, there’s been an equally meticulous debate in the process to authenticate the jersey, with one third-party company ruling ahead of the auction that their photo-matching was unable to confirm a match.

The myth surrounding Ruth’s play that day has only strengthened his legendary status in baseball history, Heritage Director of Sports Chris Ivy suggested, after a more than six-hour bidding war over the jersey.

“It is clear by the strong auction participation and record price achieved that astute collectors have no doubt as to what this Ruth jersey is and what it represents,” Ivy said in a statement. “The legend of Babe Ruth and the myth and mystery surrounding his ‘called shot’ are united in this one extraordinary artifact.”

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

News

Video: Fires Continue to Burn One Week Later in California

Published

on

Video: Fires Continue to Burn One Week Later in California

new video loaded: Fires Continue to Burn One Week Later in California

transcript

transcript

Fires Continue to Burn One Week Later in California

The Palisades and Eaton fires, ravaging Los Angeles for more than a week, remain mostly uncontained by firefighters.

“We just had — just had Christmas morning right over here, right in front of that chimney. And this is what’s left.” “I urge, and everybody here urges, you to remain alert as danger has not yet passed. Please follow all evacuation warnings and orders without delay and prioritize your safety.”

Advertisement

Recent episodes in Wildfires

Continue Reading

News

South Korea’s President Yoon Suk Yeol arrested after stand-off with police

Published

on

South Korea’s President Yoon Suk Yeol arrested after stand-off with police

Unlock the Editor’s Digest for free

South Korea’s suspended President Yoon Suk Yeol was arrested on Wednesday morning following a predawn raid by police and investigators on his fortified hilltop compound.

Yoon’s detention followed a six-hour stand-off between law enforcement officials and members of the president’s security detail. It is the first time in South Korea’s history that a sitting president has been arrested.

The development marks the latest twist in a political crisis that was triggered by his failed attempt to impose martial law last month, and which has shaken confidence in the democratic integrity of Asia’s fourth-largest economy.

Advertisement

Yoon was suspended from his duties after he was impeached by parliament in December following his attempt to impose martial law. The country is currently being led by finance minister Choi Sang-mok as acting president.

The operation on Wednesday, which began shortly after 4am, was the second attempt this month by the CIO to detain Yoon for questioning on insurrection and abuse of office charges.

An initial effort earlier this month was foiled by Yoon’s protection officers following a tense hours-long stand-off at the presidential residence. Yoon had previously refused to comply with investigators and had challenged their authority to bring him in for questioning.

“The rule of law has completely collapsed in this country,” Yoon said in a video statement recorded before his transfer to the headquarters of the country’s Corruption Investigation Office for questioning. “I’ve decided to appear for CIO questioning in order to prevent any bloodshed.”

According to South Korea’s state-owned news agency Yonhap, police and officials from the CIO arrived at the compound early on Wednesday and presented a warrant for Yoon’s arrest but were again initially prevented from entering by the Presidential Security Service.

Advertisement

Yonhap also reported that about 30 lawmakers from Yoon’s conservative People Power party were at the compound and attempting to prevent officials from entering it.

But with hundreds of police gathered outside, some of them equipped with ladders and wire cutters to overcome barricades erected by Yoon’s protection officers, CIO officials were eventually allowed to enter the residence.

Yoon’s lawyers initially attempted to broker a deal whereby he would surrender voluntarily for questioning. But this was not accepted by CIO officials, and he was eventually arrested just after 10.30am and transferred to the investigative agency’s headquarters.

“Yoon’s arrest is the first step towards restoring our constitutional order,” said Park Chan-dae, floor leader of the leftwing opposition Democratic Party of Korea. “It underlines that justice is still alive.”

While Yoon’s powers have been transferred to Choi as acting president, he remains South Korea’s head of state while the country’s Constitutional Court deliberates on whether to approve his impeachment or reinstate him in office.

Advertisement

The court held its first formal hearing into Yoon’s impeachment on Tuesday, but the session was adjourned after four minutes because the suspended president declined to attend, citing concerns for his personal safety.

The efforts by the CIO and police to detain Yoon for questioning relates to a separate, criminal process connected to his failed imposition of martial law. Yoon’s lawyers insist the CIO has no standing to pursue criminal insurrection charges against him.

Continue Reading

News

SEC sues Elon Musk, says he didn't disclose Twitter ownership on time before purchase

Published

on

SEC sues Elon Musk, says he didn't disclose Twitter ownership on time before purchase

Elon Musk speaks as part of a campaign town hall in support of Donald Trump in Folsom, Pa., on Oct. 17, 2024.

Matt Rourke/AP


hide caption

toggle caption

Advertisement

Matt Rourke/AP

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares. Musk bought Twitter in October 2022 and later renamed it X.

Musk started amassing Twitter shares in early 2022, and by March of that year, he owned more than 5%. At this point, the complaint says, he was required by law to disclose his ownership, but he failed to do so until April 4, 11 days after the report was due.

Advertisement

Representatives for X and Musk did not immediately return a message for comment.

After Musk signed a deal to acquire Twitter in April 2022, he tried to back out of it, leading the company to sue him to force him to go through with the acquisition.

The has SEC said that starting in April 2022, it authorized an investigation into whether any securities laws were broken in connection with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company.

Before it filed the lawsuit, the SEC went to court in an attempt to compel Musk to testify as part of an investigation into his purchase of Twitter.

The SEC’s current chair, Gary Gensler, plans to step down from his post on Jan. 20 and it is not clear if the new administration will continue the lawsuit.

Advertisement
Continue Reading

Trending