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Ball Signed by Derek Jeter's Little League Team Sells at Auction for $36,000

The recent trend of people spending tens (or hundreds) of thousands of dollars on a wide range of sports-memorabilia items continued Saturday when Darren Rovell of The Action Network reported a bidder paid $36,000 for a baseball signed by an eight-year-old Derek Jeter, who would grow up and become the New York Yankees shortstop for 20 years.

The baseball is also signed by some of Jeter's former Little League teammates.

As Rovell noted, a recent "memorabilia bump" has taken place. That bump is perhaps best characterized by someone paying $922,500 for a rookie card of Los Angeles Angels outfielder Mike Trout, per Daniel Roberts of Yahoo Finance.