I purchased this watch at an IRS seizure auction last year in Sacramento, CA and have the paperwork that shows it was seized from Jerry Yang for non payment of taxes and sold to me.
How are these people so dumb but yet manage to win the main event?
I think as soon as I got wind the irs was investigating id probably give that to a family me never or friend to hold onto something so valuable yet sentimental to yourself.
I didn't say it was his main event bracelet, I said it was his watch. I couldn't get a link to post so I guess that's blocked. I suspect it will get a lot higher than $70, the watch alone seems to sell on Ebay for $5k plus.
He's gatta be broke or very close to it. I just assume a high % of the main event winners lost back their winnings over time or just blew through the money. Winning a chunk of $ is one thing, but doing so in such a high profile way is often a disaster, as everyone you know (and even people you don't) come out of the woodwork thinking you are mega rich and have tons of money they can "borrow" and/or have. While it was very nice of him to donate 10% of his winnings to charity, that was a dumb move, as it turned out he donated around 800k to charity although he was taxed on the full amount at around 40 % so his $8.2M score turned into around $4.5M, minus the donation, so he was left with only $3.7M. Certainly a lot of money, but not an amount he could not blow through.
His Main Event bracelet was sold taken and sold by the IRS too, so he definitely doesn't have that either.