Kobe Bryant Settles Memorabilia Lawsuit
June 2, 2014 by staff
Kobe Bryant Settles Memorabilia Lawsuit, It’s like my mother always says: “Daniel, sometimes, love means having to say you’re sorry for trying to auction off more than 100 of your son’s things without his permission.”
Kobe Bryant reached a settlement with New Jersey-based Goldin Auctions to allow several items from his storied basketball career to be put up for bidding in an auction slated to begin June 17, according to ESPN.com’s Darren Rovell. The lot originally included more than 100 items of the Los Angeles Lakers star’s memorabilia, including rare game-worn jerseys, high school trophies and awards, NBA championship mementos and even the surfboard he won at the 1999 Nickelodeon Teen Choice Awards. Now, it will include just six.
The settlement ends a lawsuit between Bryant and auctioneer Kenneth Goldin that was set to go to trial next week. The legal wrangling began last month after Goldin began publicizing an auction of the 15-time All-Star’s wares, which were provided to him by Bryant’s mother, Pamela.
Goldin expected the collected Kobe swag to net about $1.5 million at auction. In exchange for the stuff, he gave Pamela Bryant a $450,000 advance that she reportedly intended to put toward the purchase of a new home in Nevada – a sum her son had reportedly refused to give her himself, leading her to look toward the boxes of his stuff that had been laying around in her home for years.
Kobe sent Goldin a cease-and-desist letter. Goldin responded by filing suit to allow the auction to continue as planned. Kobe responded with a temporary restraining order against the auction house and filings claiming he’d never given his mother permission to sell his stuff. And now, after several weeks of back-and-forth, it’s all over – and your folks say they’re real sorry about the whole rigamarole, Kobe. More from Rovell:
Bryant’s parents, who had contracted with Goldin to sell the items, apologized in a written statement.
“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.” [...]
While Goldin said he wasn’t free to divulge the terms of the settlement, what is clear is that approximately 90 percent of what previously was being offered has been pulled off the table, though the remaining ones are some of the most highly coveted items.
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