McCarty will sell rings, cars, televisions
CALGARY, Alberta -- Darren McCarty of the Calgary Flames, who declared bankruptcy in April because of a diminished income, will sell three Stanley Cup rings and other momentos in an auction next month.
McCarty will sell three rings he won with the Detroit Red Wings along with two replica Stanley Cup trophies, jerseys, photos and other items, including a Corvette and nine televisions.
McCarty listed assets of $1.9 million and debts of $6.2 million in his April bankruptcy filing.
McCarty listed debts to banks, credit card companies, friends, utilities, law firms and at least $185,000 to casinos in Detroit and Las Vegas. At the time, McCarty said in court filings that many of his assets are tied up in insurance polices, his NHL pension and $490,000 in business loans that are unlikely to be repaid.
C. B. Kaye & Associates will be conducting the auction on Nov. 5 in Fraser, Mich., according to a report on TSN in Canada.
"He's not making the money he used to make," his lawyer, Marty Fried, told the Detroit Free Press in April.
The Red Wings bought out McCarty's contract in July after a lockout of NHL players canceled the 2004-2005 season. McCarty has played in six games for the Flames this season. He has yet to score a goal.