However, Richardson realized his ring was missing and found it being sold by a memorabilia dealer for $7,500. But there is a silver lining in this story as the Michigan State athletics office had the ring remade.
"I see the ring, and I thought, 'Oh, wow, they have a complete picture and replica of my ring,'" Richardson recently told ESPN.com. "Then I see one side of the ring says, 'Richardson, 23.' I thought, 'Oh, wow, they even have my name on it.' And then I scrolled down further and it says you can have this ring for $7,500! I was like, 'How the hell they get my ring?'"
According to ESPN, Richardson hadn't seen his ring much since winning the title more than a decade ago. Because he's now in the NBA and on the road, he had his uncle watching the ring.
But when he recently installed a new trophy case at his home, he called his uncle for the ring back.
The uncle, though, didn't know where it was. According to ESPN, he hadn't seen it since sending it back to Michigan State for repairs years ago. The Michigan State athletics office hadn't seen it, either.
"I call the guy up and say I'm checking in on the Jason Richardson championship ring, and he said they've received a few calls on that," Richardson told ESPN. "So I say, 'Uh, yeah, this is Jason Richardson. And that's my ring. That ring was stolen.'"
The sports memorabilia dealer reportedly wouldn't tell Richardson how he got his hands on the ring. This is quite certain: Having made more than $85 million in the pros, Richardson had no reason to sell it himself. He said no matter what, he'd never sell it.
Now if you ask me, it sounds like someone making his trophy case lifted the ring from his home. I know Richardson did some investigating but he should be calling the company that installed his trophy case. And it sounds like the memorabilia dealer was in cahoots with the thief of the ring.
All of it is moot now, because the ring has zero value since Michigan State remade the ring for Richardson. I bet J-Rich keeps a closer eye on it more than ever now.