Orioles great Palmer puts Cy Young Awards up for auction

Palmer, here with Frank Robinson, Eddie Murray and Cal Ripken, plans to sell five of his trophies. (Getty Images)

BALTIMORE -- Jim Palmer says he no longer needs trophies as mementos of his Hall of Fame career, so the former Baltimore Orioles ace has put his three Cy Young Awards and two of his four Gold Gloves up for auction.

The 66-year-old Palmer, who currently works as a TV analyst for the Orioles, did not say he was financially hurting. He says he intends to use the money for the education of his grandchildren and provide for his autistic stepson.

A portion of the profits will also be given to the autism project of Palm Beach County.

Palme, who pitched for 19 seasons, says, "Whether I have the awards or not, it's not going to take those memories away. At this juncture in my life ... my priorities have changed."