Schilling’s Rhode Island-based video game company, 38 Studios, went into bankruptcy last year. Schilling had personally guaranteed loans to the company and listed the sock, which had been on loan to the National Baseball Hall of Fame  and Museum, as bank collateral.
The sock will go on auction next month, with online bidding beginning around Feb. 4 and a live auction taking place on Feb. 23, according to Chris Ivy, the director of sports for Texas-based Heritage Auctions. Ivy said he expects the sock to go for at least $100,000.
Schilling’s other famous bloody sock, the one he wore during the 2004 ALCS against the Yankees , reportedly was discarded in the trash after the game.
Schilling told WEEI  in October that selling the sock could be a part of “having to pay for your mistakes” and said selling his World Series rings was also a possibility.
‘I’m obligated to try and make amends and, unfortunately, this is one of the byproducts of that,’ he said.