According to Lelands Auctions on Thursday, the $518,000 sale of the game ball used in Tom Brady’s “final” card that has not been accepted has been annulled by mutual agreement between buyer, shipper and auction house.
Given the unique nature of Brady’s decision to rollback 40 days after he first announced his retirement at the end of January – and less than 24 hours after the auction ended, no less – no money was exchanged, so the deal was simply voided, according to a source familiar with the negotiations.
“We wanted to do the right thing here,” said Mike Heffner, Lelands president and partner, adding that while the original buyer has withdrawn, the person who deposited the ball still plans to sell it to privately through Lelands.
“It’s the most unique situation we can ever find ourselves in in our lifetime – at least when it comes to sports memorabilia. We haven’t finished the book yet; we’ve written a chapter.”
Even after the seven-time Super Bowl champion returned to the Buccaneers and the ball’s value dropped as a result, Heffner said many potential buyers were still looking to buy it.
“It’s still an amazing piece of history,” Heffner said. “Any Brady touchdown ball will do.”
It took a month to officially announce the sale as void as all parties involved were waiting to see if Brady would continue to go unnoticed. According to Lelands, after both the buyer and the shipper were reached, the delay was due to a desire to confirm Brady’s condition.
“All parties are waiting to see how it plays out,” Heffner said. “Tom Brady, let’s face it, these days are unpredictable. Until he threw his first touchdown pass in September, it was still a record.”
https://www.espn.com/nfl/story/_/id/33740636/agreement-reached-nullify-518k-sale-tom-brady-final-touchdown-ball Agreement reached to nullify the $518K sale of Tom Brady’s ‘final’ touchdown ball