Skip to content

Bob Knight to auction off title rings, gold medal

Oct 15, 2012, 9:10 PM EDT

Bob Knight, Archie Griffin AP

In one of the more eye-raising events of the day, Bob Knight is selling all three of his national championships rings from his time at Indiana, as well as his gold medal from the 1984 Olympics, various trophies, jackets and other memorabilia.

It all started when Knight contacted Steiner Sports, a company that evaluates and auctions off sports items, and requested they visit his house in Lubbock, Texas home (he still lives there?) and inspect some items for auction.

Turns out Knight just had no use for the stuff anymore.

“I’ve got stuff I didn’t even know I had,” Knight said. “I don’t put anything up in the house. If you came into the house you would think I was a mailman. And I don’t even wear rings.”

Before everyone reaches for the “money problems” theory, it sounds like Knight’s financial situation isn’t a problem, as Stephen Costello, executive vice president of Steiner Sports, told the Indy Star.

Asked about Knight’s motives, Costello said, “I guarantee there are no financial problems.”

Steiner’s CEO, Brandon Steiner said Knight told the company he wanted to give some of the proceeds to his grandchildren and charities.

Sounds pretty cut and dry here. Knight — while he may go down as one of the greatest hypocrites in sports history, and definitely a Top 5 all-time coach — has never been in the news for any sort of money issue. He lives a private life, made his money and invests it, for all intents and purposes, honestly and well.

He may be controversial, but sounds like Knight just wants to clear some clutter. Even if that clutter happens to include three title rings and a gold medal that are worth more than my life.

When you reach a certain age, as Knight has at 71, material possessions mean less and less. He has the memories of the glory days of his great Hoosiers teams, his gold medal team in Los Angeles in ’84 and the memories of awards and accomplishments from his days at Army and Texas Tech before and after. He just has no need for them anymore.

If you want to own a piece of college basketball history, you can check out the auction on the Steiner Sports website. The auction ends Dec. 5.

That being said, what do you think the going rate would be for one of those title rings?

David Harten is the editor of The Backboard Chronicles. You can follow him on Twitter at @David_Harten.

 

Latest Posts
  1. Iowa legend, all-time leading scorer diagnosed with cancer

    Sep 2, 2014, 12:39 PM EDT

    Print

    It’s the second time this year that cancer has come too close to home for the Hawkeyes.

  2. Latest mixtape for Dennis Smith Jr. shows how talented he is (VIDEO)

    Sep 2, 2014, 10:54 AM EDT

    Kelly Kline/Under Armour Kelly Kline/Under Armour

    Smith is a high-flying guard in the same mold as a John Wall or Derrick Rose.

  3. Avery Harriman is featured on the Today Show (VIDEO)

    Sep 2, 2014, 9:25 AM EDT

    Screen Shot 2014-08-28 at 10.54.09 AM

    Avery is undergoing chemo to battle leukemia for the third time.

  4. New mixtape of 2016 guard Kwe Parker is ridiculous (VIDEO)

    Sep 1, 2014, 9:45 PM EDT

    (Nike) (Nike)

    Kwe Parker is one of the best dunkers in all of basketball and he shows why in this new mixtape.

  5. Report: Arizona State gives Herb Sendek a contract extension

    Sep 1, 2014, 8:20 PM EDT

    Herb Sendek AP

    Arizona State has given head coach Herb Sendek an extension.

  6. East Carolina nabs a local 2015 wing

    Sep 1, 2014, 6:55 PM EDT

    jeff lebo Getty Images

    East Carolina is on the board in 2015.

  7. Five-star 2015 forward cuts his list to five schools

    Sep 1, 2014, 5:28 PM EDT

    (adidas Gauntlet) (adidas Gauntlet)

    A five-star 2015 forward cut his list to five schools on Monday.

  8. Indiana freshman is currently in a walking boot

    Sep 1, 2014, 4:20 PM EDT

    Tom Crean AP

    Indiana will have to remain patient with a freshman that is currently battling an ankle injury.

  9. Assembly Hall as a groom’s cake? Why not! (PHOTO)

    Sep 1, 2014, 2:20 PM EDT

    @Kschack1 @Kschack1

    You need a very understanding wife to get away with this.

  10. Tennessee adds second commitment in two days with three-star guard

    Sep 1, 2014, 2:20 PM EDT

    Murray St Morehead St Basketball

    Tennessee has one scholarship left available for 2015.

  11. Top talent in 2016 announces a top ten

    Sep 1, 2014, 12:54 PM EDT

    Nike Nike

    Find out why Saint Louis and Missouri are on the list along with the likes of Arizona, Kentucky, Duke and Kansas.

  12. Tom Izzo calls PGA Tour caddie after wife passes away

    Sep 1, 2014, 12:30 PM EDT

    Tom Izzo Tom Izzo

    Izzo spoke on the phone with the caddie for 15 minutes.

  13. Mixtape for top 50 center Marques Bolden (VIDEO)

    Sep 1, 2014, 11:39 AM EDT

    Screen Shot 2014-09-01 at 11.38.38 AM

    Bolden is a 6-foot-9 center from Texas

  14. Ohio senior forward contributes to Senegal’s first FIBA worlds victory since 1998

    Aug 31, 2014, 11:43 PM EDT

    Maurice Ndour AP

    The second team All-MAC selection scored eight points in Senegal’s win over Puerto Rico.

  15. In-state forward becomes Kansas State’s second commitment in four days

    Aug 31, 2014, 10:25 PM EDT

    Bruce Weber AP

    Bruce Weber now has three verbal commitments in the Class of 2015.

  16. Nebraska lands commitment from four-star point guard

    Aug 31, 2014, 9:05 PM EDT

    Tim Miles AP

    5-foot-11 point guard Glynn Watson becomes Nebraska’s second 2015 commitment.

  17. Five-star 2015 small forward cuts list to six schools

    Aug 31, 2014, 8:02 PM EDT

    Kelly Kline/adidas Kelly Kline/adidas

    Slender forward Brandon Ingram is one of the best perimeter prospects in the Class of 2015.

  18. Illinois native becomes Tennessee’s first 2015 commitment

    Aug 31, 2014, 6:20 PM EDT

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpte3owi1njbhnjg0mtc2yjbkzdgzmdzhnzm2mtbjytc1 AP

    Tennessee is on the board in 2015 due to the addition of a versatile 6-foot-5 forward.

  19. North Carolina accepts their head coach’s challenge (VIDEO)

    Aug 31, 2014, 5:23 PM EDT

    Marcus Paige AP

    Roy Williams challenged his players in the Bahamas, and the accepted it on Saturday afternoon.

  20. Malik Newman to narrow list soon, won’t announce until after season

    Aug 31, 2014, 3:39 PM EDT

    Malik Newman (Getty Images) Getty Images

    Malik Newman is the No. 3 overall recruit, according to Rivals.