Kareem Abdul-Jabbar memorabilia fetches $3M at auction

Agence France-Presse
The NBA legend puts 4 championship rings and 3 MVP trophies up for auction to raise fund for his foundation which helps educate children

GOOD DEED. Kareem Abdul Jabbar says he would rather help children in need than relish on the precious hardware he won a long time ago. Photo from Shutterstock

LOS ANGELES, USA – A trove of NBA memorabilia Kareem Abdul-Jabbar collected throughout his Hall of Fame basketball career garnered nearly $3 million at an auction on Sunday, March 3 (Monday, March 4, Philippine time). 

The 71-year-old former Los Angeles Laker put hundreds of items up for sale with the New Jersey-based Goldin Auctions which fetched a total of $2.9 million.

The lots included 4 of his 6 championship rings and 3 of his Most Valuable Player trophies.

The rings commemorating the Los Angeles Lakers’ titles in the 1980s accounted for 4 of the 5 highest sales at the auction’s close. Abdul-Jabbar’s 14K 1987 diamond ring sold for the most at $398,937.

His 3 MVP trophies (1976, 1974, 1972) all sold for more than $120,000 each. He won 6 total MVP awards.

A signed ball from his final regular season game in 1989 went for $270,000.

Abdul-Jabbar said “much” of the proceeds would go to his foundation which helps educate children.

“Looking back on what I have done with my life, instead of gazing at the sparkle of jewels or gold plating celebrating something I did a long time ago, I’d rather look into the delighted face of a child holding their first caterpillar and think about what I might be doing for their future,” he said. – Rappler.com