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Founding Rules of ‘Base Ball’ Sell for $3.26 Million in Auction

A group of documents from 1857 that set down some of the fundamental rules of baseball was acquired at auction Sunday by an unidentified buyer for $3.26 million, making it one of the highest-priced pieces of sports memorabilia… the price paid was the most ever for a baseball document…

“Laws,” which was written by Daniel Adams, who was known as Doc, established rules such as nine men on a side, 90-foot base paths and nine innings to a game. Adams played for the Knickerbocker Base Ball Club, where he pioneered the shortstop position, and later became its president as baseball’s popularity increased. He referred to batters as “strikers,” balks as “baulks” and runs as “aces.”

The laws were written when Adams presided over a gathering of 14 New York-area teams to revise the sport’s rules. Adams’s draft was transferred to more than a dozen separate pages in flowing script by William H. Grenelle, another Knickerbocker club official. Grenelle’s version reads like a scorecard of the convention debates, with pencil marks crossing out words and recording changes to Adams’s proposals. “Laws” was auctioned once before in 1999, by Sotheby’s, and sold for $12,650.

I am not so delusional as to think our rules are currently worth more than, say, the $12,650 these rules fetched in 1999.  But just think what they’ll be worth in 17 years!  $3.26 million won’t be then what it is now, but if we divvy up our shares equally, that’s still a cool $326,000 each!  I could see that coming in very handy about 2033.