"It's kind of bittersweet," Dundee said. "These have been in our possession for nearly 50 years. Dad would bring them home and I would store them."
Angelo Dundee, who was Ali's trainer throughout his career and also trained Sugar Ray Leonard among others, died Feb. 1 at the age of 90.
On Thursday, each set of gloves had been bid up to $241,577. The auction, which also features gloves from Leonard's infamous "No mas" fight with Roberto Duran in 1980 and other Ali memorabilia, ends Friday at SCPAuctions.com.
Jim Dundee said some proceeds would help pay expenses for his sister, Terri, who suffers from multiple sclerosis, and some would go to the Muhammad Ali Foundation.
Ryan Madson finalized a 1-year, $3.5 million deal on with the Los Angeles Angels. The former Phillies reliever, who can make up to $7 million, said he expects to be the Angels' closer, and general manager Jerry Dipoto agreed he is likely to supplant Ernesto Frieri when fully recovered from last spring's elbow-ligament replacement surgery.
* Washington acquired centerfielder Denard Span from Minnesota for Class A pitcher Alex Meyer. Span played in 128 games this year, hitting .284 with four homers and 41 RBI.
* The New York Yankees and closer Mariano Rivera agreed to a 1-year, $10 million deal, plus incentives, sources said. Also, Yankees free-agent catcher Russell Martin agreed to a 2-year, $17 million contract with Pittsburgh, a source said.
Nick Watney shot a 5-under 67 that gave him a two-shot lead after the first round of the World Challenge in Thousand Oaks, Calif. Tiger Woods shot a 70.
* Bill Haas and Nicolas Colsaerts shared the first-round lead at the Nedbank Golf Challenge in Sun City, South Africa.
Philly File *
The Wings and US Lacrosse are partnering for the US Lacrosse Fan Fest, set for p.m. Jan. 12 from 11 a.m. to 5 p.m. at the Pennsylvania Convention Center.
* The Union named Jim Curtin as the club's new assistant coach, and signed current assistant coach Brendan Burke to a new contract. Curtin, 33, was the head coach of the Union's U-17/U-18 Academy teams and the director of curriculum development at YSC Sports.
Sport Stops *
The Brazilian soccer federation hired Luiz Felipe Scolari to lead the national team through the World Cup, marking his return 10 years after leading the team to the 2002 World Cup title.
* Dale Earnhardt Jr. tied Bill Elliott's record of 10 consecutive years as NASCAR's most popular driver. Also, Jeff Gordon won the Myers Brothers Award for outstanding contributions to NASCAR.
* Middle Tennessee and Florida Atlantic will join Conference USA, leaving the Sun Belt.
* Russia's Darya Pishchalnikova could be stripped of her silver medal in the discus at the London Olympics and face a lifetime ban following a positive doping test.