Michael Simon, Albert Ferreira/Startraks and Nick Saglimbeni, Christie's Images LTD. 2013
What to do with some extra bling lying around? Auction it, of course!
According Daily Mail reports, the NBA player, who won the 16-carat rectangular-cut diamond ring in the couple's June 2012 divorce, is hoping to cash in on the jewelry this fall via private auction. The bauble cost a cool $2 million at the time of purchase and is now valued at a mere $300,000 to $500,000.