A 100 Grand international misunderstanding

A 100 Grand international misunderstanding

Be careful of handing expensive objects that you might not want to lose to foreign leaders.

New England Patriots owner Bob Kraft was in Russia last week for a meeting of business leaders when he met Russian President Vladimir Putin.

Putin admired the big Super Bowl ring on Kraft’s hand, a 4.94-carat ring with 124 diamonds worth up to $100,000. Kraft handed the ring over to Putin to see more closely and evidently Putin thought it was a gift and pocketed it. Oops!

Now Kraft is saying that he’s giving it as a gift to Putin rather than cause an international incident or embarassment. And of course, he’ll get himself a new ring. Must be nice to be rich.