Lakers News: Kobe Bryant's Championship Ring Sells For Insane Price (2024)
Kobe Bryant's 2000 NBA championship title ring has sold for $927,000. The ring, which was one of Kobe's five NBA championship rings that he won during his legendary 20-year career with the Los Angeles Lakers, sold for nearly a million dollars in a recent auction. This is the most money ever paid for an NBA championship ring, via ESPN's Dan Hajducky.
The 2000 NBA championship was the first NBA Finals win for the late Kobe and the first of three consecutive championships for him and the Lakers. Kobe originally gifted the ring to his father, Joe Bryant. Joe and Pam Bryant sold the ring in 2013 for $173,000, a decision which hurt Kobe at the time.
Kobe ended up taking his parents to court over them selling his ring and basketball memorabilia. The lawsuit reached a settlement, and Kobe's parents were allowed to sell the ring and other items. Now, the buyer has sold the ring thirteen years later.
Prior to this ring, the record amount an NBA title ring was sold for was $705,000 in 2021 This amount was paid to acquire Boston Celtics' star Bill Russell's first of eleven NBA championship rings from the 1957 NBA championship.
The ring fetched $927,200 at Goldin Auctions over the weekend, making it the most expensive NBA championship ring of all-time. The previous record was held by Bill Russell's 1957 championship ring — the first title he won with the Boston Celtics — which scored $705,000 in December 2021.
This is the third time Bryant's ring has been sold since it was auctioned in 2013 by his parents, Joe and Pam. It was most recently sold a year ago by SPC Auctions. The ring comes with a letter of authenticity signed by Pam Bryant, which has accompanied the ring since the first time it was auctioned.
The ring, which was one of Kobe's five NBA championship rings that he won during his legendary 20-year career with the Los Angeles Lakers, sold for nearly a million dollars in a recent auction.
There is no doubt that one of the greatest basketball players of all time is Kobe Bryant, but after his sudden death in 2020 due to a helicopter crash, his wife Vanessa Bryant has been under the spotlight. She has dedicated her life to her daughters and to philanthropic work with a net worth estimated in $600 million.
Share Video. Link copied! A 2000 NBA title ring that late Los Angeles Lakers star Kobe Bryant gifted to his father, Joe "Jellybean" Bryant, has sold for $927,000 at an auction. The 43-bid auction was held by Goldin Auctions and is the highest price tag ever paid for an NBA championship ring.
Kobe Bryant's 2000 NBA championship ring has now set multiple records. The ring is now the most expensive NBA title ring sold at auction, going for $927,200 during the March Elite Auction held by Goldin Auctions.
Former NFL player Maurice Clarett, the episode's special guest, surmised that the ring was being sold to make a little money since Vanessa Bryant and Kobe's estate isn't supporting the rest of his family. Allegedly, of course.
Soon after very little was known as to Kobe's estate planning strategies used to protect and preserve his estimated $600 million dollar estate for his wife, Vanessa, and the three surviving daughters.
According to Forbes, Bryant had a net worth of approximately $600 million at the time of his death, which trailed only Michael Jordan and Tiger Woods among athletes. And three years after Bryant died in a helicopter crash, his endorsem*nt earnings may be higher than ever.
Boston Celtics center Bill Russell holds the record for the most NBA championships won with 11 titles during his 13-year playing career. As of 2020, Robert Horry, John Salley, LeBron James and Danny Green are the only players to have won championships with three different teams.
In reality, the decision to award championship rings to mascots varies from team to team and league to league. Some teams have chosen to recognize the contributions of their mascots by presenting them with specially designed rings.
Kobe died in January 2020 along with his daughter Gianna and seven others in a tragic helicopter crash. He ordered the ring as a special gift for his father after the Lakers prevailed over the Indiana Pacers to snatch 2000's NBA title.
Goldin Auction's consignor was the prior owner of the ring. Joe Bryant sold it to the consignor in 2013, when Kobe was still in the league, for $173,000, which was the record price at the time for a ring gifted by a player to someone else.
Bryant's parents were present at the funeral, however, they chose not to speak. His sisters Shaya and Sharia were also present. Both were seated in the front row.
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