If you paid BIG $ for JO's Cutler or Sanchez

[34swtns]

Class envy anyone? What people dont realize is that many of the people who drop that kind of coin do so for a reason. Anyone got any ideas what those reasons are? I think it is because they can.

And the abillity to indiscriminately "drop that kind of coin" can result in some hard and very expensive lessons.

[Fnazxc0114]

If you had a million in the market and lost 20 grand in one day would you really be worried? For all we know the person who bought the jersey is a regular working stiff and bought it at 24 percent on a credit card. I really think that scenario is highly unlikely.

And the abillity to indiscriminately "drop that kind
of coin" can result in some hard and very expensive lessons.

[legaleagle92481]

The prices paid for these items was insane to begin with and these purchasers should have realized from the start that anything short of an Elway, Montana type career (which was 99.9999% not likely to happen) would result in them taking steep losses on these items. However, they are unlikely to learn from it as noone wastes money better than wealthy people, especially on luxury items. These purchases were not investments they were an attempt to get bragging rights with their wealthy friends.

[David]

I agree with legaleagle. Some hot draft picks are initially priced so high that if they turn out to be the next Steve Young, instead of Joe Montana, the prices will drop. In fact, even if the player turns out the next Joe Montana, the prices can still drop.