2007-09-14 19:30:31 · 23 answers · asked by Anonymous in Sports ➔ Baseball
to make money
2007-09-18 00:14:51 · answer #1 · answered by C * 4 · 0⤊ 0⤋
Because he wised up and decided he'd rather have $500,000 in cash than look at a baseball on his dresser every day.
And no, he won't regret it. Whoever said it will sell for 200 times that in a couple of decades - get real. Mark McGwire's 70th HR ball sold for $3 million. You could probably buy that ball right now for $100.
2007-09-15 02:43:55 · answer #2 · answered by SW1 6 · 1⤊ 3⤋
Actually he initially wasnt going to sell it. But, and i think this is a crazy rule, he would have been taxed on its estimeted worth had he not sold it, so he would have lost money because he would have had to pay taxes on it, making it almost essential that he sell it. Dumb dumb law.
2007-09-15 02:33:40 · answer #3 · answered by Snowman 2 · 1⤊ 1⤋
there was a tax it would cost him over $ 100,000 just to keep. He decided he would go bankrupt at the end if he kept the ball.
2007-09-15 07:58:47 · answer #4 · answered by Frank G 1 · 0⤊ 0⤋
Money. And if he held on to it, thinking about it, he would have to pay huge taxes for it, so he did the smart thing and got rid of it ASAP.
2007-09-16 20:46:13 · answer #5 · answered by welcome09 2 · 0⤊ 0⤋
For the $$$$$$
2007-09-19 01:16:07 · answer #6 · answered by dwmatty19 5 · 0⤊ 0⤋
To get a lot of money!
2007-09-15 11:51:14 · answer #7 · answered by Mets Lover 4 · 0⤊ 0⤋
I would have thrown the ball right in the garbage, where it belongs.
2007-09-15 11:18:39 · answer #8 · answered by Crusader 5 · 0⤊ 1⤋
it'll be worth a lot less once Bonds goes to jail. well maybe not true, but it can only go down in value.
2007-09-15 03:36:36 · answer #9 · answered by Anonymous · 1⤊ 2⤋
Short-term gain. I do think he'll live to regret it when it goes up for sale at 200x what he sold it for in a couple of decades.
2007-09-15 02:33:34 · answer #10 · answered by Mr. Vincent Van Jessup 6 · 0⤊ 3⤋
because he rather invest in the housing market
2007-09-15 07:45:14 · answer #11 · answered by jasonpickles 3 · 0⤊ 0⤋