Former Los Angeles Lakers center Kareem Abdul-Jabbar raised $2.8 million to benefit his Skyhook Foundation by auctioning several items from a personal memorabilia connection. Bidding, held through Goldin Auctions, closed over the weekend.
Four of Abdul-Jabbar’s five Lakers championship rings as well as his 1975-76 MVP Award were among the items up for auction. The 1987 ring was the highest-selling item from Abdul-Jabbar’s collection, closing at $398,937.50.
Although the mementos carry significant meaning to his career, Abdul-Jabbar elected to carry through with the selfless act as a means to better fund his foundation.