Kobe Bryant and parents reach agreement over auction of memorabilia; parents apologize to Kobe

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Kobe Bryant and his parents, Pamela and Joe, have come to an agreement over the auction of his memorabilia.

The lawsuit over the items was set to go to trial on June 17, but today’s resolution means the trial won’t need to take place.

According to ESPN, the agreement allows ” less than 10 percent of the items originally intended for sale to be auctioned.” The items apparently include “two of Bryant’s high school uniforms and two rings celebrating the 2000 Lakers championship team that were gifted at the time to Bryant’s parents.”

Bryant’s parents released a statement apologizing to their son for their actions:

[pullquote]”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.”[/pullquote]

When Bryant first heard of the auction last month, he said he was “hurt beyond measure” by the actions of his parents, Thankfully, the agreement should allow all sides involved to go away happy and continue with their lives.

Image via Goldin Auctions

Written by Ross Pickering

Ross Pickering is the founder of Lakerholicz.com. He’s here to bring you daily updates on your Los Angeles Lakers, despite living 5,485 miles away from L.A. in England. You can follow him on Twitter: @RossPickering