IU 1976 championship ring for sale on eBay

A ring commemorating IU's 1976 NCAA basketball championship is up for auction on eBay.\nThe anonymous seller said Thursday he obtained the ring through the estate of the late Harold Andreas, one of Bob Knight's assistant coaches in 1976, the last time a Division I team finished a season unbeaten.\n"I am the only one to have owned the ring other than Andreas," the seller said in reply to an e-mail from The Associated Press. "I am not a sports collector, nor an eBay-selling freak. In fact, this is the only item I have tried to sell on eBay."\nThe bidding, which ends Sunday, started at $2,500 Nov. 23 and was up to $33,300 by Thursday evening.\n"My decision to attempt to sell the ring was based on two factors," he wrote. "This is the 30th anniversary of the perfect season, and it's also the season in which Knight will no doubt eclipse Dean Smith's record for all-time wins. The timing seems right to try and figure out what the ring might command."\nAccording to the listing on eBay, the seller lives in Austin, Texas. Knight, fired by IU in 2000, is now the coach at Texas Tech.\nThe seller said he has not been in contact with Knight about the ring "nor do I plan on contacting him."\n"It's my hope that the ring lands in the hands of someone associated with IU," he said.