What happened: Net proceeds will benefit Detroit Lions Academy, a Detroit Lions Foundation partner. The item riffs on Gibbs' new deal after he signed an extension through 2030 last month.
Why it matters: The academy serves students in an alternative-school setting on Detroit's east side. Lions Foundation support provides school supplies, classroom resources and mentorship opportunities.
By the numbers: Gibbs' reported three-year extension is worth $67.5 million before incentives, averaging $22.5 million per year, with $51.5 million guaranteed.
What to watch: The auction's closing price will determine the net contribution to the academy.