The ball hit by Mark McGwire to break Roger Maris's long-standing single-season home run record of 61 sold for $3.2 million. How does the reputation of the player who hit the ball affect its selling price? Eddie Murray's 500th home run ball was auctioned for $500,000 (Schoenfield, 2007). Why do baseball fans value such items to such a large extent?

Answer rating: 100% (QA)

The reputation of the player who hit the ball definitely affects its selling price in several ways Increased Demand Iconic Moments A home run recordbr... View the full answer