?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 500 - $ 750
(SPORTS--BASEBALL.) Robinson, Jackie. His signed investment agreement for Jackie Robinson Clothiers, Inc. Document Signed by Robinson as well as Louis and Jack Ostrer. 2 pages, 11 x 8 1/2 inches, on 2 stapled sheets, typed carbon copy with signatures in ink; minimal wear. New York, 17 November 1953
Toward the end of his playing career, Robinson partnered with the Ostrer family to open a clothing store called Jackie Robinson's on West 125th Street. This document sets up the financial arrangements. Robinson loaned the Ostrers $10,000 at 6% interest; Louis Ostrer deeded to Robinson 150 shares of bank stock and a parcel of land in Queens; and Robinson had the option to assume a one-fourth ownership share in the company in lieu of the loan. An interesting look at Robinson's business arrangements; he was always more than just an athlete.
