Reggie Jackson Fails To Sell Gigantic "Yankee Stadium" Letters From The Old Stadium At Sotheby's Auction

ESPN – The letters that sat atop the old Yankee Stadium, offered in an auction at Sotheby’s in Manhattan on Wednesday night by former New York Yankeesslugger Reggie Jackson, failed to draw a bid. The highest bid in the crowd was $280,000, placed by a Sotheby’s employee on behalf of Jackson in an attempt to spur other offers. There were no other bidders for the letters, Sotheby’s spokesman Darrell Rocha said.  The 13 letters, each of which stand 10 feet tall, were purchased for an undisclosed sum by Jackson after the stadium’s last game in 2008. The letters had been on the stadium since 1976, a year before Jackson arrived in the Bronx and became “Mr. October.” Jackson, who was in attendance, told the crowd that he bought the letters “on a lark” and joked that, once he saw the height of the letters, he might have made a mistake in purchasing them. Before the auction, Jackson said that as long as the winning bidder was in the country, he would fly to see the letters displayed by the new owner. The auction house had estimated the letters were worth $300,000 to $600,000. The other sports item in the auction was a New York Mets bullpen car from the late ’60s. The car, which the auction house estimated to be worth $20,000 to $30,000, commanded a surprising winning bid of $112,500.

Hey does anyone want these GIANT fucking letters for half a million dollars? No? No takers? Ok I’ll just go fuck myself!

Laugh out loud funny. This honestly seems like straight from the script of Arrested Development. G.O.B. buys 10 foot tall letters thinking he’s going to turn an enormous profit and show up Michael Bluth as the business hero and when nobody even puts in a single bid he says “I’ve made a huge mistake.” Cut to the model home and in every room in the house theres an enormous 10 foot letter in the background.

I mean how can Sotheby’s be this far off? Yea hey Reg, don’t worry, these letters are gonna sell for like 50 grand each. You’ll get 600k for the whole collec…whoops! You actually didnt make a fucking cent! We had to put in a phony, pity bid in the hopes that we’d draw some sucker in. Sorry bout that. But on the bright side you have 13 awesome humungous letters now!

PS – Reggie walking out of there with zero dollars when the Mets bullpen car fetched 4 times the asking price for $112,000 is such a kick in the dick.