Here's a little advice for all you Little League parents out there: Get your kid to sign a baseball for you right now. If they wind up turning into a future MLB Hall of Famer, you could profit in a big way years down the road.
That's almost precisely what happened to Mike Trout's uncle. Trout's uncle, Kevin, decided to sell a Little League ball signed by Mike when he was 12. ThatTrout apparently signed the ball for his uncle after hitting a home run during a Little League game. Kevin then held out to that ball for two decades before deciding it was time to sell it. In addition to the ball, a picture of Trout in his Little League uniform was included in the lot.
Bidding for those items started at $2,500 and slowly increased over the next few weeks. Roughly 24 hours before the auction closed, 27 bids jumped the price from $4,300 to $15,600. While the cost of Trout's Little League ball didn't break any records, it was a pretty impressive figure. Trout being a future MLB Hall of Famer probably has a lot to do with that. A Little League ball signed by an average player probably isn't fetching anywhere near $10,000.
With that said, Little League coaches should probably make their players sign some baseballs. You know, on the off chance one of them grows up to an MLB superstar. It's a low probability outcome, but few people are going to complain about finding $15,000 laying around in a dusty bin in their garage.
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