When the Ravens won Super Bowl XLVII, owner Steve Bisciotti awarded Super Bowl rings to former star running back Jamal Lewis and fellow Ring of Honor members Michael McCrary, Jonathan Ogden, Matt Stover and Peter Boulware.
Now, Lewis' commemorative Super Bowl XLVII ring has been sold by Goldin Auctions to a Maryland collector for $50,820.
"It's a tremendous price for a retired player who got it as a honorary gift, as opposed to being an active member of that team," Goldin Auctions president and founder Ken Goldin told The Baltimore Sun in a telephone interview. "On the flip side, the purchaser is able to get a ring of a long-term superstar and potential Hall of Famer and able to get a Super Bowl ring with a player with that player's name on it. Obviously, as we've learned, the better the player is, the more valuable the ring is."
The ring, made by Jostens, is a size-15 and is made of 10-karat white gold, weighs 87.72 grams and contains 3.75 carats worth of diamonds, according to the auction company. The only difference between Lewis' ring and the ones the players from the championship team received is that Lewis' ring has the letters 'ROH' on the side. That distinction is for Lewis' Ring of Honor status.
"The Ring is housed in a shiny black 4” x 6” display case box with a metallic purple and gold Ravens logo relief carved into the top and Jamal Lewis name and a Ravens coat of arms are engraved into a mirror on the underside of the lid," Goldin wrote in its online listing for the auction. "This spectacular Super Bowl ring is accompanied by paperwork from the pawn shop where Jamal Lewis pawned his rings."
Lewis, 35, filed for bankruptcy in Georgia in 2012, listing $14.5 million in assets and $10.6 million in debts.
The Atlanta native retired in 2009 after nine NFL seasons with the Ravens and Cleveland Browns. He had several off-field business, including trucking, hotels, theme parks and resort development projects. Lewis had debts to several companies, including M&T Bank for $350,000, for not repaying loans connected to his failed real estate ventures and a failed trucking business.
"Jamal Lewis informed us that he was forced to sell the ring due to financial difficulties," the Ravens said in a statement Monday. "We understand and respect his decision."
Lewis attended some Ravens games last season and told The Baltimore Sun he was doing fairly well while still dealing with some injuries from his playing days. He is among the players who filed a lawsuit against the NFL over concussion issues.
Lewis didn't return a message seeking comment Sunday.
Lewis earned a Super Bowl XXXV ring with the Ravens as a rookie following the 2000 season after being selected in the first round of the NFL draft. That ring was listed among Lewis' assets in a bankruptcy filing.
The Ravens' all-time leading rusher with 7,801 yards and 45 touchdowns, Lewis was inducted into the Ravens' Ring of Honor on Sept. 27, 2012.
Lewis was named NFL Offensive Player of the Year in 2003 when he rushed for a career-high 2,066 yards, the third highest single-season total in NFL history behind Eric Dickerson and Adrian Peterson. He also rushed for 295 yards that year against the Cleveland Browns, the NFL single-game record until Peterson ran for 296 yards in 2007.
Lewis rushed for 10,607 yards and 58 touchdowns in his career.