Los Angeles Lakers star Kobe Bryant settled a legal dispute involving his mother over the sale of valuable memorabilia to an auction house. The two parties reached a settlement that allows only six items to be sold. Bryant's parents issued an apology on Monday, ESPN reports.
Bryant and Goldin Auctions agreed on a settlement one week before both parties were due to go to trial. The six items Bryant is allowing the auction house to sell could still fetch more than $500,000 combined, according to company president Ken Goldin.
Bryant's parents, Joe and Pamela, issued an apology for their role in the dispute.
"We regret our actions and statements related to the Kobe Bryant auction memorabilia," Joe and Pamela Bryant said in a statement. "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."
The dispute began last month when Bryant discovered Goldin Auctions intended to sell basketball memorabilia that his mother promised to deliver. Bryant sued the company to prevent the sale. Goldin Auction then filed its own lawsuit that claimed Bryant's mother owned the items and that the company had already advanced her $450,000 to buy a new home.
Two of Bryant's high school uniforms and a pair of Lakers championship rings from 2000 will be included in the auction. Bidding starts June 17 and closes July 19.
