Kim Kardashian's NBA star ex-husband Kris Humphries just recouped a boatload of cash, by auctioning off the diamond engagement ring he gave the reality TV star not long ago. The massive diamond sold for $749,000 at a Christie's auction Tuesday in New York, according to the Daily News on Oct. 15.
Kris Humphries, 28, was recently traded to the Boston Celtics, and put the massive ring up for sale just months after his divorce from 32-year-old Kim Kardashian. The ring was valued at $2 million at the time of their engagement.
However, Christie's valued the auction estimate on the ring at between $300,000 and $500,000. The Lorraine Schwartz ring is said to be a whopping 16.2-karat emerald cut center stone, flanked by 1.8-karat trapezoid side diamonds.
"He has long-since moved on and is very much looking forward to a successful auction at Christie's on Tuesday, and of course to returning to the court this upcoming NBA season as a Boston Celtic", Kris' rep said last week.
Humphries famously offered Kardashian the ring on bended knee with cameras rolling on her "Keeping up with the Kardashians" reality show.
Humphries and Kardashian's wedding became a lavish national TV special in August 2011. Their marriage lasted only 72 days.
When Kim filed for divorce she said her decision was made with careful consideration in mind, while Kris claimed he was completely blindsided.
Humphries alleged Kim married him fraudulently to boost ratings for her TV reality empire. The divorce proceeding lasted far longer than their marriage, finalized only this past June.
Kardashian gave birth to her daughter North West, fathered by her rapper boyfriend Kanye West, just two weeks later.