Bankrupt Former NFL Star Sells Superbowl Rings

August 10, 2011

Bannkrupt former NFL great Ray Guy has sold his three Super Bowl championship rings for a total of $96,216 at an auction to help pay off his debts.

Guy now 61, won his Superbowl titles with the Oakland Raiders in 1976 and 1980 and with the Los Angeles Raiders in 1983. He has been to the Pro Bowl seven times in his 14-year career.

He filed for bankruptcy protection in Augusta, Georgia, in April 2010 and got authorization May 23 to sell the rings, according to court records.

The rings were sold by Nate D. Sanders Inc, the Los Angeles-based auction house that issued a news release yesterday with the final sales price. The auction company said each ring contained at least 22 diamonds.