A U.S. bankruptcy court is apparently holding a variety of professional athletes’ equipment, mementos, and memorabilia hostage until the athletes pay up enough dough to establish their ownership over the goods, the Wall Street Journal reports.
In an article yesterday, the WSJ explained that the situation involves items on loan to the “Sports Museum of America in New York, a for-profit organization that recently declared Chapter 7 bankruptcy after opening to great fanfare in May.” Obviously the “great fanfare” wasn’t big enough, but the bigger problem (at least for the athletes involved) is that some of their stuff has been thrown into a storage facility in New Jersey. That doesn’t sound too bad, but the athletes are reportedly being forced to pay some pretty sizeable sums of cash to get their items back.
To add insult to injury, if the items aren’t claimed in a timely manner, they’re probably going to be appearing at an auction block. Athletes, needless to say, are fuming:
What a total bummer, man.
“The court wants $1,500 to give me my stuff back,” skateboarder Tony Hawk wrote – along with other strong words of frustration – on his Twitter micro-blogging page.
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