Gifting Valuable Memorabilia to the Team
Webcast Q&A: Sunday, 11 September 2011, Question 4
I answered a question on gifting valuable memorabilia to the team on Philosophy in Action Radio on 11 September 2011. You can listen to or download the podcast segment below – or check out the whole episode.
Is it dumb to return a valuable home run baseball to the team? When NY Yankees star Derek Jeter hit a home run for his 3000th hit, the fan in the stands Christian Lopez who caught the ball returned it to the Yankees, even though he was legally entitled to keep it. Some experts estimate it could have been sold on eBay for up to $250,000. The Yankees did give him some season tickets and team memorabilia but nowhere near as valuable. (In fact, he may have to pay thousands of dollars of taxes for those gifts he received from the Yankees.) Some people praised Mr. Lopez for doing the "right thing." Other said he was foolish for giving up something valuable that could have, say, paid for his kids' college or been used for other important life goals. Was he moral or immoral for returning the baseball with no expectation of reward.
My Answer, In Brief: A person in possession of such a windfall should think carefully about how to use it to serve his best interests. For this person to give the ball to the Yankees was probably a major sacrifice.
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About Philosophy in Action Radio
I'm Dr. Diana Hsieh. I'm a philosopher specializing the application of rational principles to the challenges of real life. I received my Ph.D in philosophy from the University of Colorado at Boulder in 2009. My dissertation defended moral responsibility and moral judgment against the doubts raised by Thomas Nagel's "problem of moral luck."
My radio show, Philosophy in Action Radio, broadcasts live over the internet on Sunday mornings and Wednesday evenings. On Sunday mornings, I answer four meaty questions applying rational principles to the challenges of real life in a live hour-long show. Greg Perkins of Objectivist Answers co-hosts the show. On Wednesday evenings, I interview an expert guest about a topic of practical importance.
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