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The ball belongs to whomever catches it. People used to trade them to the player for some other piece of memorabilia. But recently, with the exception of the St Louis groundskeeper who caught Mark McGwire's 62nd home run ball that broke Roger Maris' single season record, people have been putting them up for auction because of the amount of money collectors were paying for them.
Besides A-Rod, Frank Thomas got to 500 homers for his career this season and Jim Thome only needs 10 more as well. Sammy Sosa hit his 600th earlier this season.
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