SCP Auctions April 2011 Internet Auction
Fri, Apr 15, 2011 08:00PM EDT - Sun, May 1, 2011 12:25PM EDT
Timed Auction
Lot 86
RED AUERBACH'S 1974 SIGNED BOSTON CELTICS CONTRACT EXTENSION AND SIGNED AUTOMOBILE RIDER FOR SERVICES AS TEAM PRESIDENT AND GENERAL MANAGER
Sold for
$1,290
Sold Price includes BP
Bid Increments
| Price | Bid Increment |
|---|---|
| $200 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $20,000 | $2,000 |
| $30,000 | $2,500 |
| $50,000 | $5,000 |
| $100,000 | $10,000 |
| $200,000 | $20,000 |
| $300,000 | $25,000 |
| $500,000 | $50,000 |
This three-part document includes the following: 1.) A four-page contract amendment and extension between Red Auerbach and the Boston Celtics executed on October 17 1974 and signed by Auerbach and Celtics Chairman of The Board Robert Schmertz. 2.) A three-page deferred compensation agreement between Red Auerbach and the Boston Celtics executed on October 17 1974 and signed by Auerbach and Celtics Chairman of The Board Robert Schmertz. 3.) A one-page rider for an automobile allowance for Auerbach "...Cadillac or comparable model" dated October 18 1974 signed by Chairman of The Board Robert Schmertz and notated "Accepted by Red Auerbach Jan 1 1975". The documents remain in EX-MT condition overall with all signatures in bold blue ink rating 9 out of 10. Includes a letter of provenance from the Auerbach estate. Pre-certified by PSA/DNA.
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