First, we heard the version in which Kraft gave Russian President Vladimir Putin the ring as a sign of respect and admiration.
Next came the version in which Kraft said Putin put on the ring and never let it go -- which Putin later denied.
And on Sunday, the team clarified things.
"It's a humorous, anecdotal story that Robert re-tells for laughs. He loves that his ring is at the Kremlin and, as he stated back in 2005, he continues to have great respect for Russia and the leadership of President Putin," a team spokesman said. "In particular, he credits President Putin for modernizing the Russian economy."