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Saturday, August 04, 2007

ARod Hits #500!

Alex Rodriguez finally hit his 500th career HR today, off of Kyle Davies, who was just acquired by the Royals from Atlanta earlier this week. After waiting 10 days since his 499th, he didn't waste any time today, going deep in the 1st inning for a 3-run homer. ARod is now the youngest player ever to reach 500 (32 year, 8 days), beating Jimmie Foxx's previous record by 330 days.

His 94 SP RC has averaged around $103 TAC for the past week. It'll be interesting to see if sales prices increase now. As we all know, the relationship between milestones & sales prices don't always correlate. I do expect to see a lot more of them up on auction in the immediate future. This increase in supply may cancel out some of the potential price gains that sellers are expecting to receive. We'll see what happens.

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