98.5 The Sports Hub staff report
UPDATE: The ring officially sold for $1.025 million. Read more about the auction below.
An auction for Robert Kraft's Super Bowl LI ring is sitting at $1.025 million with the initial deadline coming at 9 p.m. on Thursday. You can see the auction lot at Fanatics, where the Patriots owner's ring is being auctioned off for the All-In Challenge.
The five-minute "extended bidding" period will begin after the 9 p.m. deadline. Everyone who bid will have a chance to submit higher bids until time runs out. As of this writing, 35 bids have been made for the ring.
The winner of the auction will receive the ring and will also get to fly out to Gillette Stadium to meet the Patriots owner.
"I thought about what's going on in this time, and I wanted to give something of extreme value in support of our healthcare workers," Kraft said. "So I thought it would be good to give this ring ... because it showed how we came back.
"We’re going to send our plane to pick you up and bring you here, and we’re going to have a good time as I give you this ring, show you around and maybe have a bite or two."
Fanatics founder and 76ers co-owner Michael Rubin founded the All-In Challenge to battle food insecurity during the coronavirus pandemic. The Kraft ring is by far the highest-bid active auction as of Thursday.
Kraft made his first major contribution to the battle against COVID-19 in April, when he and Jonathan Kraft worked with Mass. governor Charlie Baker and many others to deliver over a million N95 masks to the U.S. from China. He also reportedly worked for an advisory board with President Donald Trump on plans to reopen the country.