Kareem Abdul-Jabbar to auction memorabilia
Kareem Abdul-Jabbar’s home is getting crowded. The basketball star, who still holds the record for the most points in the history of the NBA with 38,387, hopes to clear some of the clutter by holding an auction of his memorabilia. A "significant portion" of the proceeds from the auction will be donated to the Skyhook Foundation, an educational charity he established that serves underprivileged youth.
The auction will be led by Goldin Auctions and will be held October 1-27. Abdul-Jabbar told ESPN yesterday, "It’s not hard to sell this stuff. I mean it’s valuable, but I’m not a museum. If I kept all this stuff, it would take up half my house."
Among some of the items will be a few jerseys, the basketball that he used when he set his scoring record, championship rings and basketball nets from championship games from both his time in the NBA and at UCLA. One ring is the 1970-71 ring that he earned playing with the Bucks. Another is his Lakers ring from the 1981-82 season. The value of the items is hard to measure, but their historical value is priceless. Ken Goldin of Goldin Auctions asserted, "I feel like the nets easily go for $200,000, but they could hit $500,000." He added that the rings could go for $250,000, or more, and that the jerseys could receive six figures.
Abdul-Jabbar added, "It’s fortunate we still have that [jersey]. We had a fire at my house in 1983 and luckily all that stuff was with my mother in Brooklyn."