Kobe Bryant's Los Angeles Lakers may have bowed out in the first round of the Western Conference playoffs this season, but the Black Mamba scored a major victory off the court in the case involving his parents attempting to sell his memorabilia.
According to Darren Rovell of ESPN, Kobe has reached a settlement with his parents, Joe and Pamela, as well as Goldin Auctions to prevent the sale of the vast majority of his memorabilia.
Settlement reached in Kobe Bryant memorabilia auction http://t.co/BlNX2ZIlvd— darren rovell (@darrenrovell) June 10, 2013
Less than 10 percent of the items that were initially intended for sale will ultimately be put up for auction, according to Rovell. The settlement was reached one week before Bryant and Goldin Auctions were set to go to trial, and Bryant's parents expressed regret over the entire situation.
We regret our actions and statements related to the Kobe Bryant auction memorabilia, said Joe and Pamela Bryant in the statement, provided by a publicist. We apologize for any misunderstanding and unintended pain we have caused our son and appreciate the financial support he has provided over the years. We also apologize to Goldin Auctions for their inadvertent involvement in this matter and thank them for their assistance.
Was Kobe right to challenge his parents' attempt to sell his memorabilia?
Even though much of the memorabilia that was set to be auctioned has been pulled off the table, Bryant's parents and Goldin Auctions still figure to do quite well for themselves, as mentioned in the above report.
Among the items reportedly up for bid are two of Kobe's high school uniforms and two 2000 Lakers championship rings that were gifted to Bryant's parents. Kobe's 2000 NBA All-Star ring is also up for auction, but half of the proceeds will go to charity.
Now that Bryant has put this squabble behind him, he can focus on more important matters, such as rehabbing his torn Achilles' tendon. Kobe suffered the injury in the Lakers' third-to-last game of the regular season, so he has a long road back to full health.
Bryant may still have pain in his heel, but at least he has alleviated the pain in his neck that was the memorabilia battle.
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