August 3, 2011
By Kraig Koch
Retired NFL punter Ray Guy is currently auctioning three different Super Bowl rings won with the Raiders franchise between 1977 and 1984 as part of a Chapter 13 bankruptcy case initiated in April 2010 in Augusta, Ga.
During the bankruptcy proceedings, Guy was ordered by a judge to sell the rings to raise money to pay off his debts.
The three gold, diamond encrusted rings are up for sale at natesanders.com, where they were bringing in a bid of $15,863 as of Wednesday morning.
Nate D. Sanders Inc., the Los Angeles-based auction house responsible for handling the sale, valued the rings at a price of $75,000 to $90,000. They will be sold as a set and come with a signed letter of authenticity from Guy, according to the Augusta Chronicle.
News of the rings’ sale broke late Monday night when CNBC sports business reporter Darren Rovell tweeted that Guy would sell them as part of a bankruptcy filing.
When the Augusta Chronicle reached Guy by cell phone Tuesday, the former NFL star chose not to expand on the issue.
"I don’t want to talk about it," Guy told the newspaper. "I’m not trying to be hateful, but sometimes you’ve got to do what you’ve got to do."
Regarded by many as the greatest punter in NFL history, Guy played for the Oakland/Los Angeles Raiders from 1973-1986. He was a seven-time Pro Bowler and an essential part of the Raiders’ three Super Bowl wins during his time with the franchise. Guy was the only punter ever picked in the opening round of an NFL draft.
Bidding for the set will officially close at 8 p.m. Eastern Standard Time on Aug. 9.