According to Rovell, it's the highest price ever paid for a Super Bowl ring. A Super Bowl XXV ring belonging to former New York Giants linebacker Lawrence Taylor sold for $230,401 in 2012.
Rovell shared photos of the ring put up for auction:
The ring is a slightly toned-down version given to Brady and his Patriots teammates. The family version is 10 percent smaller and has 18 fewer diamonds than the 283 on the official one.
Rovell first reported on the ring hitting the auction block in January. He spoke to Ken Goldin, president of Goldin Auctions, who declined to identify the ring's owner.
"This is the first Brady award that has ever come to market," Goldin said. "He never lets things go, and nobody from his inner circle has ever given up something like this."
Brady was the Super Bowl LI MVP after helping engineer a second-half comeback from a 28-3 deficit against the Atlanta Falcons. He finished the game with 466 yards, two touchdowns and an interception.
The jersey Brady wore as New England earned its fifth Super Bowl came up missing immediately after the game. Working with officials from the NFL and the Patriots, the FBI recovered the missing jersey in Mexico City in March 2017.