Babe Ruth contract auctioned off
ByDARREN ROVELL
July 12, 2014, 11:54 PM
— -- Babe Ruth's contract with the Boston Red Sox in 1918 was for only $5,000, but at an auction Saturday night, the document itself sold for $1.02 million.
The contract was signed by Ruth, American League president Ban Johnson and Red Sox owner Harry Frazee, who famously agreed to sell Ruth to the ' perfect season presented to a part-owner's son ($19,000), and the Super Bowl XXXV Ravens ring given to backup quarterback Tony Banks, which went for $36,000.