Updated May 15, 2013 - 3:00 pm
Blazers owner makes way too much money by selling highly mediocre painting
As the saying goes, "one man's trash can be another man's treasure," and that is indeed the case.
But still, there has to be some reason certain pieces of artwork are valued and others not. Right?
As reported by BlazersEdge.com, Portland Trail Blazers owner Paul Allen recently sold a painting for $43,845,000.
That price is a record for famous high-end auction house Sotheby's.
The painting is a 1953 piece by Barnett Newman, and it is called "Onement VI."
It's 8.5-foot-by-10-foot, and it's two blue rectangles vertically separated by a light blue line.
And that's it.
So, the good news is if Allen misses the painting chances are good he can recreate it fairly easily. In fact, we argue most children in a second-grade classroom could recreate it.
Hey, we may have just fixed the education budget shortfall!