- July 20th 2012
With a swing of his bat, baseball legend Lou Gehrig helped reduce the student debt of Michael Gott, MD.
A home-run ball smashed by Gehrig in game 2 of the 1928 World Series sold at auction for $62,617 on July 10 — nearly 84 years later.
The ball was expected to sell for between $100,000 and $200,000, money the Gott family planned to use to erase Dr. Gott’s $200,000 in medical school debt. The Gotts didn’t get the windfall they wanted, but they’re still satisfied.
“It’s very difficult to be disappointed at any money at all,” said Dr. Gott, a fifth-year orthopedic resident at North Shore-Long Island Jewish Hospital in New York. “Sixty thousand dollars is great and, hopefully, that will make a big dent in my high-interest loans.”
On Oct. 5, 1928, the New York Yankees were playing the St. Louis Cardinals in the second game of the Series. Grover Cleveland Alexander was pitching in the first inning when Gehrig stepped to the plate. With runners Babe Ruth on firs [Read more]