Settlement reached in Kobe Bryant memorabilia casePosted by Inside Hoops
The Kobe Bryant memorabilia saga has ended with an apology from the Los Angeles Lakers guard’s parents and a settlement that allows less than 10 percent of the items originally intended for sale to be auctioned.
Bryant and a company that was auctioning off the memorabilia reached a deal one week before the two sides were due to go to trial in New Jersey. The agreement allows the sale of six items, which Goldin Auctions president Ken Goldin told ESPN.com on Monday morning he is confident still can sell for more than $500,000 combined.
Bryant’s parents, who had contracted with Goldin to sell the items, apologized in a written statement.
“We regret our actions and statements related to the Kobe Bryant auction memorabilia,” Joe and Pamela Bryant said 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.”
Reported by Darren Rovell of ESPN.com