Poker news tagged with 'ebay'

In March last year we reported that the Internal Revenue Service (IRS) had seized property of the 2007 WSOP Main Event champion Jerry Yang to secure the payment of taxes, including a federal tax lien for $571,894.54, he had failed to pay. Yang's gold bracelet amongst other items were then auctioned off on April 4, 2013 at Revenue Service, Watt Avenue, Sacramento, California.

Read more » Yang's WSOP Watch For Sale on Ebay

Not long ago, T.J. Cloutier's 2005 WSOP bracelet was for sale on Ebay. Why does someone like T.J. Cloutier who has over $10,000,000 in tournament winnings sell one of his WSOP bracelets? There were many speculations at this point. Many said that he sold it because he's running out of money due to gambling problems, when others said that he already have 6 bracelets and that it wasn't a big deal for him to get rid of one of them. 

When CakePoker later on bought the bracelet, it started to get really interesting. What would they use it for? Once again, many, many speculations were circulating on the web. However, many agreed on one thing - CakePoker had a great plan that would give them some good PR.

It's now official that CakePoker bought the bracelet just to give it back to its rightful owner, T.J. Cloutier. Let's hope that this marks a change to his fortunes. Because a WSOP Bracelet is something priceless that one shouldn't sell.

related news: 2005 WSOP Bracelet for sale on Ebay

Believe it or not, however, it's the real deal! T.J. Cloutier, or someone else, is selling the braclet he received after winning the $5k No Limit event in 2005 WSOP. The starting bid for the bracelet is only $2,9999, but one can expect the final bid to be much more than that. The bracelet should have an invaluable value since it was won by T.J. Cloutier who has won 6 WSOP bracelets and won more than $10 million in live tournaments. Why he's selling the bracelet remains unclear. Let's hope that we get some answers very soon, because it would be really interesting to know.