NBA legend Kareem Abdul-Jabbar collected nearly $3 million over the weekend by auctioning off 234 pieces of memorabilia, including four of the five NBA championship rings he won with the Lakers.
According to GoldinAuctions.com, the site that hosted the auction, the item that went for the highest bid was Abdul-Jabbar’s 1987 championship ring, which went for the final price of $398,937.50. His 1985 championship ring went for $343,700, while his rings from 1980 and 1988 went for $245,500 each.
The minimum bid for one of Abdul-Jabbar’s championship rings was $60,000. He also won NBA titles in 1971 with the Milwaukee Bucks and 1982 with the Lakers. Neither of those rings was up for auction.
Abdul-Jabbar recently said that he was ready to part with much of his NBA memorabilia and hoping to do some good with it.
“I can’t afford to pay all the rental fees and insurance. I’m just tired of it,” he said. “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.”