(Bloomberg) -- Chicago Cubs first baseman Anthony Rizzo had justrecorded the final out of the World Series, ending the longestchampionship drought in major U.S. professional sports.

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Before high-fiving any teammates, however, Rizzo took care ofbusiness: He reached back with his left hand and placed thebaseball in his back pocket for safekeeping.

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The ball’s value goes far beyond sentiment. It might fetch morethan $3 million if sold, said Ken Goldin, founder of Goldin Auctions in New Jersey. He set a price floor ofabout $1 million.

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“It would be one of the most coveted baseballs of modern times,”he said.

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The ball’s value would be driven by two things, Goldin said: Theteam’s 108-year championship drought and the number of wealthy Cubsfans who would be willing to fork over whatever it takes to ownit.

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Goldin said he doubted the baseball would ever be sold.

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Cubs spokesman Peter Chase didn’t respond to a question askingwhether the team was in possession of the last-out baseball, whichMLB officials authenticated after the game and returned toRizzo.

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Historically, for big events like the World Series, ownership ofitems like game-used balls belongs to Major League Baseball, which then decides what to dowith each particular item. Teams and charities often ask foritems.

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Mark McGwire’s historic 70th home run ball sold at auction for arecord $3 million, including commission, in 1999 to collector ToddMcFarlane.

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Related:

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How do you replace a World Series ring? The 5 rulesfor valuing collectibles

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Sports memorabilia: What it's worth &how to evaluate it

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Protect a priceless baseball cardcollection

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Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.

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