At $7k I think you were right to stop. This could be a $15k-$25k sale but at $14k it sucks most of the profit up.
You nailed it 100%!
There are lots of dreamers in here. This is not a 6-figure domain GTFO to anyone who thinks it is.
I think this is 12k wasted on something that was not renewed for a good reason. After all of this time no billion dollar sports equipment company owns it... HUGE red flag.
Have you ever tried to sell a keyword with low monthly searches to a massive chain?
Most large companies won't give a flying crap about that domain, because they already have their brand name.
Those that could benefit from owning that domain won't understand how it will help them, no matter how much you explain it, or they can't afford an inflated domain investor price.
There are a few ways you could sell this domain for a profit, but after reading some of the advice from
this thread, it's likely the owner won't know how to approach a corporate entity and sell it properly.