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Ozzie Smith is selling all his stuff

Oct 16, 2012, 3:15 PM EDT

Ozzie Smith, Bruce Sutter AP

Jerry Crasnick of ESPN.com passes along word that Hall of Famer Ozzie Smith is auctioning off his 13 Gold Glove awards and various other items for “estate and family planning.”

According to Crasnick, in addition to all the Gold Glove awards Smith is also selling World Series rings from 2006 and 2011 that the Cardinals gave him as gifts, 11 rings he got from being chosen for All-Star games, and other awards.

No further details yet on why exactly Smith would do something like this, but reading between the lines it’s hard to imagine he’s doing well financially. Smith, who participated in a bunch of the All-Star festivities in St. Louis three months ago, is 57 years old and earned more than $30 million during his 19-year career.

  1. randallmyhandle - Oct 16, 2012 at 3:26 PM

    According to his wiki, he had a number of bad investments including a couple restaurants. Athletes should never have a restaurant, unless you are Michael Jordan. This also applies to Hitler mustaches.

    • julieco302 - Oct 16, 2012 at 4:09 PM

      I’ve been to Ozzie’s, one of his restaurants, it’s a great atmosphere and has great food.

    • jayquintana - Oct 16, 2012 at 8:06 PM

      Becoming music producers and gaming executives are also bad ideas for athletes.

  2. tfbuckfutter - Oct 16, 2012 at 3:26 PM

    Good luck Ozzie.

    I’m sure you can expect an intervention from Mitt Romney and Paul Ryan and they are vehemently opposed to any and all forms of “family planning”.

    • jjschiller - Oct 16, 2012 at 6:39 PM

      And if he really needs the money, he should just… ask his parents!

      Hoo! ZING!

    • egb234 - Oct 16, 2012 at 7:10 PM

      I hope you’re voting. It will make us all feel better about how much money is spent pushing over-simplified, inaccurate attack ads on unintelligent people.

  3. ajcardsfan - Oct 16, 2012 at 3:27 PM

    If it’s for estate and family planning, I could only hope he’s setting up trust funds for kids/grandkids and possibly scholarships? I’d hate to think Ozzie threw his money away, but he certainly wouldn’t be the first professional athlete to do so…

    • uwsptke - Oct 16, 2012 at 3:39 PM

      I’d imagine that’s the case, and then wait for the required time to lapse before declaring bankruptcy in a few years so they can’t go after these assets.

    • ezwriter69 - Oct 16, 2012 at 8:28 PM

      If you can read, he didn’t throw it away, he did the best he could to invest and got his ass handed to him, he and several million other Americans in the last 20 years. He didn’t spend it on bling and hookers and Cristal and a massive entourage; he tried to invest and lost his ass. Might wind up just as broke, and no doubt didn’t have nearly as much fun, but still it’s a whole different deal in my opinion.

  4. holleywood9 - Oct 16, 2012 at 3:34 PM

    The wizard always has a plan…

  5. sharkcity408 - Oct 16, 2012 at 3:46 PM

    Sad

  6. lew24 - Oct 16, 2012 at 4:02 PM

    “Everything must go!”

    Very sad!

  7. 1bucfan813 - Oct 16, 2012 at 4:03 PM

    30 mil in 19 years for such a great player. If he was playing today he will make that in 2 years. Ozzie was more exiting to watch than Arod and a rod is made 10x the money.

    • johnstjc - Oct 16, 2012 at 4:06 PM

      i’m pretty sure the bush’s gave him 2 distributorships when he retired…if he owns two of those and went bankrupt he is really bad with money

    • thereisaparty - Oct 16, 2012 at 4:10 PM

      Ozzie’s best season is as valuable as ARod’s 9th best season. I know it is fun to pick on ARod right now, but remember that he was once a SS, and far better at it than Ozzie ever was.

      • scalper44 - Oct 16, 2012 at 4:27 PM

        WTF? Remind me, how many Gold Gloves does A-rod have?

        Put the crack pipe down and take a break pal.

      • djpostl - Oct 16, 2012 at 4:33 PM

        A couple. And you put the crack-pipe down if you’re so retarded you think the glove is the only part of the game please.

      • thereisaparty - Oct 16, 2012 at 4:54 PM

        You still use Gold Gloves are a measuring tool? You know that Derek Jeter has several, right? And Rafael Palmeiro was awarded one for his work performance at 1B despite playing 28 games at the position?

      • scalper44 - Oct 16, 2012 at 5:11 PM

        Oooh! A couple GG’s? That would be two total i believe. Wowwee!

        I guess i better stop smoking crack thinking 13 Gold Gloves vs 2 makes Ozzie slightly better than a-rods “9th” best season. Maybe he was almost as good as his 10th or 11th best season eh?

        Ozzie is considered one of the greastest SS’s of all time. At least the HOF thought so voting him in on his first year of eligibility so move along misguided spanky fan.

      • scalper44 - Oct 16, 2012 at 5:18 PM

        Okay, i understand reading comprehension is not a strong point of many Yankee fans so let me help some of you along. Characterizing Ozzie’s best season with ARods 9th best season is just slightly disingenuous.

        That and oh yes, there actually are SS’s, other than Yankee SS’s, who play or have played the game that are/were pretty good. Expand your horizons yankee fans, check it out, you might see something you like.

      • thereisaparty - Oct 16, 2012 at 5:32 PM

        I’m not a Yankees fan. And nowhere did I say Ozzie wasn’t a great SS (though he is fantastically overrated). You seem to be the one with the reading comprehension problem.

        And no, calling Ozzie’s best season comparable to ARod’s ninth best is not disingenuous. I’m not just pulling this out of thin air.

      • thereisaparty - Oct 16, 2012 at 5:33 PM

        You do know that ARod never played SS for the Yankees, right?

      • bloodysock - Oct 16, 2012 at 6:14 PM

        You must be skewing your analysis based on the fact that A-Rod can’t somersault.

  8. chill1184 - Oct 16, 2012 at 4:11 PM

    Sad when you see this happen to great players

  9. scalper44 - Oct 16, 2012 at 4:23 PM

    I heard Bobby Knight was doing something similar. Just because they are selling the stuff they earned doesn’t automatically mean they are in a dire financial situation.

    Just because to some of you, these things are invaluable, doesn’t they are invaluable to them. Could be he has to sell but so what. It’s their stuff to sell.

    One mans treasure is another mans trash.

  10. crookedstick - Oct 16, 2012 at 4:31 PM

    Knight said he was selling his to pay for his grandchildren’s college education. Maybe he’s doing the same thing or putting it in a trust fund for his kids/grandkids? His financial adviser may simply be telling him to convert his assets to cash and invest it? Could be too early for the “he pissed away $30 million” kneejerks right now.

  11. sportspadre - Oct 16, 2012 at 4:34 PM

    Everyone commenting here naturally thinks finances/bankruptcy and rightfully so but I hope The Wizard isn’t doing this because of health reasons.

  12. theawesomersfranchise - Oct 16, 2012 at 4:38 PM

    People always cry “Sad” and money problems when athletes sell their stuff.

    More times than not it’s simple
    They lived the dream, they don’t always value the awards and trinkets as much as the open market and decide to cash in. Some people are not sentimental and like money more than a statuette.

  13. mybrunoblog - Oct 16, 2012 at 4:45 PM

    Ozzie can generate over $50k a year in appearences and his baseball pension probably pays somewhere over $50k.
    Those figures are conservative. Could be more $ than that.
    It is hard for an average Joe like me to see how someone is broke on $100k a year unless their debts are enormous.

    • larrytsg - Oct 16, 2012 at 7:19 PM

      I think it gets realy hard for athletes to live a “regular” life when they are at the top of their game, and surrounded by excess. They came from a regular life (if not abject poverty), struggled in the minors earning enough money to share an apartment with 3 other players and eat ramen noodles each night, and then POOF! they’re major leaguers. The money is nice, but along with it comes the intense pressure to “live the lifestyle”. Have you ever seen the kinds of houses these guys buy or build? They’re ridiculous, and most of the time they are so highly personalized that they get crushed when trying to sell. Not to mention family, “friends” and the entourage who all have ideas for how to spend the athletes money.

      Then the career is over, the money is NOT flowing in any longer, but the lifestyle is still costing you….

      I think the NFL has program that teaches the young players how to handle their money, and how to save for the inevitable retirement. If these guys could learn to live on HALF of what they make, then they are in a great position to not work again when they retire well before reaching 40. Heck, ask Bobby Bonilla how he likes his yearly checks…….

  14. ingloriousbastardos - Oct 16, 2012 at 5:07 PM

    We all know Ozzie had a bit of a tourism addiction. It’s not cheap to pay the coast guard(?) to pull you out of a bottomless hole. We’re talkin’ softball right?

    • stlouis1baseball - Oct 16, 2012 at 5:34 PM

      Can someone translate Bastardos post for me?
      Please type slowly for me. I am obviously behind things today.

      • ingloriousbastardos - Oct 16, 2012 at 5:46 PM

        http://en.wikipedia.org/wiki/Homer_at_the_Bat

    • stlouis1baseball - Oct 16, 2012 at 5:49 PM

      Dooohh! Sorry Bastardos. I am a little slow today. Thanks for the reminder. I completely forgot about that episode. Great stuff.

  15. Carl Hancock - Oct 16, 2012 at 5:24 PM

    If this is really for estate and family planning purposes then its most likely it is to use the proceeds to setup trust funds for his kids and/or grandchildren. Let’s face it, when they inherit this stuff they were just going to auction it off anyway. It doesn’t seem unreasonable or unusual to me.

  16. crankyfrankie - Oct 16, 2012 at 7:09 PM

    It just seems difficult for a fan, or at least this fan, that anyone would sell a World Series ring. And why would anyone buy it? H e was always a pleasure to watch when the Cards came to the Vet and I hope he is not doing this for health reasons.

  17. rgledz - Oct 16, 2012 at 7:38 PM

    I have one word for all of the A-Fraud bobo’s……Steroids. His stats mean nothing to me because he’s a cheater………and a Centaur in his own mind…….which is weird.

  18. schmedley69 - Oct 16, 2012 at 10:15 PM

    Jim Palmer did the same thing recently too. Sad.

    • gammagammahey - Oct 17, 2012 at 10:10 AM

      Should have gone to The Money Store.

  19. foreverchipper10 - Oct 17, 2012 at 9:37 AM

    Maybe he left his wallet in the wormhole on The Simpsons?

  20. 1bucfan813 - Oct 17, 2012 at 3:06 PM

    What A Rod did was cheat. Tell me what has he done since the steroid era? Ozzie was a more exciting player to watch. Ran the bases like a horse, he was a great ss and an entertaining player. A rod is a cocky guy woth no personality. He is getti g betched these days.

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