From Josh Alper of Pro Football Talk:
Taylor told Jay Glazer of FOX that he gave the ring to his son T.J. a long time ago and that he had no idea that it was being put up for auction. Taylor’s agent Mark Lepselter said that when he called Taylor to ask about it, Taylor responded by asking what the f— he was talking about.
“Lawrence was in fact unaware of it but said he gave it to TJ and its his right to do what he wants with it. He’s fine with whatever TJ decided,” Lepselter told Glazer.
Bidding on the ring is currently up to $89,568.