Latest Sports Scores

Scoreboard

  • ALL
  • NBA
  • NHL
  • NCAAB
  • NBA
  • 3/28 7:00 PM EDT
    MIN0
    IND0
  • 3/28 7:00 PM EDT
    MIL0
    CHA0
  • 3/28 7:30 PM EDT
    MIA0
    DET0
  • 3/28 7:30 PM EDT
    PHO0
    ATL0
  • 3/28 7:30 PM EDT
    PHI0
    BKN0
  • 3/28 8:00 PM EDT
    GS0
    HOU0
  • 3/28 10:00 PM EDT
    DEN0
    POR0
  • 3/28 10:30 PM EDT
    WAS0
    LAL0
  • NHL
  • 3/28 7:00 PM EDT
    WPG0
    NJ0
  • 3/28 7:00 PM EDT
    BUF0
    CBJ0
  • 3/28 7:00 PM EDT
    NSH0
    BOS0
  • 3/28 7:00 PM EDT
    DET0
    CAR0
  • 3/28 7:00 PM EDT
    OTT0
    PHI0
  • 3/28 7:30 PM EDT
    DAL0
    MTL0
  • 3/28 7:30 PM EDT
    FLA0
    TOR0
  • 3/28 8:00 PM EDT
    WSH0
    MIN0
  • 3/28 9:00 PM EDT
    LA0
    EDM0
  • 3/28 10:00 PM EDT
    ANA0
    VAN0
  • 3/28 10:30 PM EDT
    NYR0
    SJ0
  • CBK
  • 3/28 7:00 PM EDT
    CS-BK0
    GATECH0
  • 3/28 9:00 PM EDT
    TCU0
    UCF0

Former Soviet gymnast Olga Korbut forced to sell her gold medals

Before you go, we thought you'd like these...
Before you go close icon

Now a U.S. citizen, the former Soviet gymnast Olga Korbut, who dazzled audiences at the 1972 Munich Games, has sold off her Olympic medals.

As rumors swirl that she is "almost destitute," Korbut, formerly known as "The Sparrow from Minsk," auctioned off two of her four gold medals and a single silver metal, U.S. auction house Heritage Auction confirmed Tuesday.

Korbut also auctioned off other memorabilia, including a leotard, in conjunction with her Olympic medals, raking in about $333,500 in total during the online sale over the weekend, auction house spokesman Elon Werner told NBC News.

RELATED: Making an Olympic gold medal

24 PHOTOS
Making an Olympic gold medal
See Gallery
Making an Olympic gold medal
The Rio 2016 Olympic medals are pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes TPX IMAGES OF THE DAY
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plated Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A sculptress from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal at her computer in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Nelson Carneiro, craftsman from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal mold in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Nelson Carneiro, craftsman from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal mold in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) puts plates to prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) pours molten metal into a mold to prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) cleans a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) cleans a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plates Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plated Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A machine works on a Rio 2016 Olympic medal at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) checks a Rio 2016 Paralympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepare Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Workers from the Casa da Moeda do Brasil (Brazilian Mint) prepare Rio 2016 Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Workers from the Casa da Moeda do Brasil (Brazilian Mint) prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) shows a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 gold Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 silver Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 bronze Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

"Medals saved Korbut from hunger," a Russian news outlet reported, adding that Korbut's "gesture of despair" emphasized "hard life circumstances."

But Werner insists that such reports were not the case for Korbut's auction.

"That's one hundred percent inaccurate," Werner told NBC News. "She's fine financially. She just wants to pass on the medals to people that will enjoy them, celebrate her accomplishments, things like that."

SEE ALSO: Polish athlete puts Olympic medal up for sale to help boy with cancer

Jay Schanfeldt, Korbut's husband-to-be, also refuted claims that the Olympian had fallen into financial difficulty.

"It's totally not true," Schanfeldt told NBC News when asked if Korbut was broke. "She's healthy and fine and she's just planning to retire. So she decided to sell the stuff."

Though the now 61-year-old Korbut, who lives in Scottsdale, Arizona, has not yet released a statement on the auction, she disclosed to the Associated Press earlier in February that funds were not the sole motivation in her decision to sell her medals.

Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners