Monday , Jul , 22 , 2013 HoopsVibe News

Kobe’s Championship Ring Sells for 174k.

Kobe Bryant's Championship rings sells for 174k at auction. Thanks mom.

HoopsVibe's Very Quick Call: To say Kobe and his mom have an odd relationship is like calling Charles Barkley a little outspoken. 

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Last week Kobe's mom completed the sale of her Kobe Bryant memorabilia. Where most mom's love to hold on to their children's trophies and mementos, Kobe's mom likes to cash in and finance her home on them. I guess all the financial support Kobe was already giving her didn't seam like enough, so she wanted more.

This saga dates back a few months when Kobe found out his mom was going to sell 100 of his items to make a little cash. Kobe's lawyer contacted the auction house claiming the items Kobe's mom was attempting to sell actually belonged to Kobe and not his parents. The auction house had already given Kobe's parents a $450,000 advance on the auction to pay for their new house in Los Vegas. Oops.

Eventually, a compromise was worked out and approximately 90 of the items were taken off the sale block. Kobe's parents also put out a statement through their publicist stating, "we regret our actions and statements related to the Kobe Bryant auction memorabilia. 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 for Goldin Auctions for their inadvertent involvement in this matter and thank them for their assistant." 

Aww, isn't it sweet when a family can make up through their publicists. Sounds like just another great American family. The prized object that still got auctioned off was the gift Kobe gave his father of an exact replica of his 2000 Championship ring. It went for $174,184. The smaller version Kobe gave to his mother was auctioned for $108,153.

That's some cold stuff when your own parents auction of the gifts you got for them. Then again, how many parents can auction off their kids stuff and pay for a half a million dollar mansion? I'm betting my mom's holding on to my 10th grade basketball trophies. Wait, now that I think about it … she tossed those in the trash years ago. 

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Photo Credit: Getty Images

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