Kareem Abdul-Jabbar auctioning off four of his five Lakers championship rings [Los Angeles Times (CA)]
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Source: Los Angeles Times
Kareem Abdul-Jabbar auctioning off four of his five Lakers championship rings Kareem Abdul-Jabbar is auctioning off four of his five Lakers championship rings — 1980, 1985, 1987 and 1988 — among a collection of hundreds of personal memorabilia. “One of the reasons I’m here is to mention my auction,” Abdul-Jabbar said after a news conference announcing this year’s Basketball Hall of Fame finalists . “I have a charity where we send kids to camp to learn about STEM [Science, Technology, Engineering, Math]. I’m gonna auction off all my stuff. “I can’t afford to pay all the rental fees and insurance. I’m just tired of it. It can help me support my foundation. … A significant portion of the proceeds will go to help me help the kids learn about STEM education. That’s one of the main reasons I’m here, to get some support from my friends in the NBA.” The minimum bid for each ring is $60,000. The auction also includes game and practice-worn jerseys, All-Star rings and a “Wells Fargo Carriage F
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