The auction runs on Ebay until May 16 and is raising money for Councillor Greg Brackenridge’s chosen good causes.
As well as the sporting lots, items ranging from a Cartier pen, jewellery and designer watches are all available to the highest bidders.
Money raised will go to the Mayor’s charities which are the Wolverhampton Wanderers Foundation, Alternative Giving which helps the homeless and the Staffordshire Regiment Regimental Charity helping veterans.
Councillor Brackenridge has been raising money for his chosen charities throughout his year in office which comes to an end next week when a new Mayor will be voted in.
He said: "As my Mayoral year draws to a close, I really want to raise as much money as possible for the homeless, veterans groups and Wolves Foundation.
"They need your donations, so please bid on some of the amazing auction lots available and bag yourself something to treasure in the process.
"I'd like to thank all the individuals and organisations who have very kindly donated the lots and to everyone who bids."
The auction lots have been donated by local individuals, organisations and businesses including TA Henn, the University of Wolverhampton and Wolves Foundation.
To place a bid, people can visit the Mayor’s auction eBay page at ebay.co.uk/usr/mayorofwolverhamptonscharitablefund/