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Gehrig baseball to pay for medical school

07/06/2012 12:28 PM ET
By Stephanie Jenks

Lou Gehrig's 1928 World Series home run baseball is up for grabs.

A Stamford, Connecticut-based family is selling the 84-year-old ball to help pay off their son's medical school debt.

With teammate Babe Ruth on base, Gehrig homered into the bleachers off St. Louis Cardinals Hall of Fame pitcher Grover Cleveland Alexander. The home run was later deemed one of Gehrig's most significant long balls at the time, according to a newspaper report.

Gehrig batted .545 and set a record of nine RBIs during the Yankees’ four-game series sweep, giving the baseball even more meaning.

"I'm just sort of floored by the whole thing," Elizabeth Gott, owner of the baseball said. "It has a lot of history. It's a lot about America. To think that it's possible the team that we rooted for could actually help my son pay off some of his medical school debt, any amount would be fine."

The baseball has been kept in the Gott family since 1928 and although Gott said it was a tough decision to sell the ball, she feels it's the right thing to do.

"It should be in the hands of someone that really loves it and has passion for it," Gott said. "Right now we have passion for my son and his career."

Hunt Auctions will sell the slugger's home run ball at Tuesday's All-Star FanFest in Kansas City, Missouri. The ball is expected to reach anywhere from $100,000 to $200,000. Online bidding has already started and the highest bid was around $33,000 as of Friday morning.

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