May 16, 2022

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Agreement reached to cancel $518,000 sale of Tom Brady's 'ultimate' ball

Agreement reached to cancel $518,000 sale of Tom Brady’s ‘ultimate’ ball

Selling $518,000 of used game ball in the now unfinished game Tom BradyThe “final” landing pass has been canceled by mutual agreement between buyer, sender and the auction house, according to Lelands Auctions Thursday.

Due to the unique nature of Brady’s decision to return 40 days after he first announced his retirement in late January — and less than 24 hours after the auction closed, no less — no money was exchanged, so the agreement was simply scrapped, according to a source familiar with the negotiations.

“We wanted to do the right thing here,” said Mike Hefner, president and partner at Lelands, adding that while the original buyer pulled out, the sender still plans to sell it privately through Lelands.

“It’s the most unique situation we will probably ever encounter in our lives – at least when it comes to sports memorabilia. We still haven’t made it to the end of the book yet; we’ve written a chapter.”

Even after the seven-time Super Bowl champion returned to the Buccaneers and the resulting drop in the ball’s value, Heffner says many potential buyers are still reaching out to buy it.

“It’s still an incredible piece of history,” Hefner said. Which Brady touchdown ball is.

It took a month to officially announce the canceled sale because all parties involved were waiting to see if Brady would stay put. According to Lelands, after reaching out to both the buyer and sender, this delay was due to a desire to confirm Brady’s status.

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“All sides have been waiting to see how it goes,” Hefner said. “Tom Brady, let’s face it, is a bit unpredictable these days. Until he threw his first touchdown pass in September, that ball is still the record.”