BURBANK, California –
Lamar Odom recently pawned his 2010 NBA championship ring to a pawnbroker in Burbank, California. Jeffrey Newman, who owns and operates ‘Effin Jeffin’s Pawn Shop’ began displaying the ring under his glass top counter, along with its price tag of $10,000.
Newman said that Odom himself walked in on a typical Wednesday afternoon in August, and wanted to pawn the ring for $200. “It was crazy. He just came in and said he wanted to pawn the ring and did not want to have to pay more than $250 to get it back. So we set it up so that he was given a $200 loan, and he never came back during the 90 day period, so I am officially the owner now,” Newman said.
Odom has been the center of controversy in the past couple of years after a rocky relationship with Khloe Kardashian, who he married in September of 2009. After months and months of rumors that Lamar was addicted to crack cocaine, Khloe divorced Odom in December of 2014. Many say his life spun out of control at that point. He signed a deal with a professional basketball team in Spain, where he averaged only one point per game. He quit after only two games played.
Newman says he really doesn’t want the ring to sell right away. “I put a tag of ten-grand on it because I think it won’t sell for that much, and it is a great conversation piece. I have had many people try to buy it for up to five grand though – and I just refuse to budge on that price.”
Asked whether or not he would allow Odom to buy the ring back, he said he would, but not for what it was pawned for. “I’d sell it back to him for $2,000 if he walked through that door right now. Not a penny less,” Newman replied.