The San Antonio Express-News (Craig Kapitan) reports: Security guard turned Bexar County Jail inmate Christopher James Carolan pleaded no contest Friday to stealing an autographed Michael Jordan jersey from Spurs star Tony Parker. Carolan, who wore orange jail scrubs and handcuffs as he stood before 186th District Judge Maria Teresa Herr, was arrested in June after Parker’s manager showed sheriff’s office investigators a Craigslist ad for the jersey that was posted a day after the collectors’ item went missing. The jersey, valued at $20,000, was sold for $120, court documents indicate.
InsideHoops.com editor says: So the guy steals something and immediately advertises it for sale on the Internet. And then sells it for less than 1/10th the approximate going rate for the item.