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Home > NBA News & Analysis > Gilbert Arenas Defends Kobe Bryant’s Parents For Selling His Championship Ring

Gilbert Arenas Defends Kobe Bryant’s Parents For Selling His Championship Ring

Gilbert Arenas says Kobe Bryant's parents did no wrong for selling their son's championship ring.

Nico Martinez
Mar 20, 2024
4 Min Read
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Credit: Fadeaway World

Years after the passing of Kobe Bryant, his parents, Joe and Pam, took it upon themselves to sell some of his most priceless relics for extra cash. While most fans were uncomfortable with the decision, former NBA point guard Gilbert Arenas said he’s got no problem at all with Kobe’s parents selling some of his old things.

“You can’t be mad at the parents on this one. They broke. They got no money,” said Arenas. “You can’t be mad because they’re selling the rings. The money wasn’t left to them. They tryna eat.”

The ring, size 11.5, weighs 596 grams and features 40 diamonds along the face. It also includes engraving of the NBA logo, team name, and Bryant’s name with his signature No. 8 at the bottom.

Bryant’s parents faced severe backlash after listing the ring for auction. It was the first title he ever won for the Lakers, and now it’s being sold off to the highest bidder for a price north of $90,000.

Kobe’s other accolades are likely in possession of Vanessa, his wife, but she doesn’t have control over the 2000 championship ring. It was the only ring he gifted to his father and that’s where it’s been for the past 24 years.

Unfortunately, due to financial difficulties in the family, Joe had no choice but to sell his son’s precious ring — but he already has more than enough memories to remember Kobe.

Throughout his life, Bryant has always made sure to take care of his family, both emotionally and financially. And while he cannot be there anymore, the riches he built in his career are sufficient to keep his loved ones afloat for years.


Kobe Bryant Made History In 2000

Kobe Bryant might say that each championship was special in its own way, but there’s nothing quite like the first one. As a 20-year NBA veteran, Kobe was able to win five titles and the 2000 NBA Finals was just the start of a truly epic career.

Bryant, who was just 21 years old at the time, averaged 22.5 points, 6.3 rebounds, and 4.9 assists per game on 46% shooting for the Lakers that season. He was selected as an All-Star for the second time in his career and entered the postseason as an ascending basketball prodigy.

The Lakers went 15-8 in the playoffs that year and dominated the Western bracket to secure the franchise’s 12th championship. Kobe was a man possessed throughout the playoffs and his play was a sign of things to come for the following season, when his scoring average jumped to 28.5 points per game.

While Shaquille O’Neal won Finals MVP for his performance against the Indiana Pacers, Bryant would later acknowledge that it wasn’t his time yet and that it was O’Neal’s moment to make amends for the “disappointments” in Orlando. 

Of course, Kobe and Shaq would go on to win three titles together before their partnership came to an end. It was a duo that made their mark on history in the greatest way possible and it’s not something that will be forgotten, no matter who holds the championship rings that were given out after.

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TAGGED:Gilbert ArenasKobe BryantLos Angeles Lakers Archive
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ByNico Martinez
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Nico Martinez is a veteran staff writer for Fadeaway World from Brooklyn, New York. He joined Fadeaway World in 2016 and is currently residing in Columbia, South Carolina. Nico holds a degree in Sports Management from Columbia International University where he built a strong foundation in the inner workings of sports media and management. Nico's contributions have significantly enhanced the credibility and depth of Fadeaway World's content, earning him recognition across the sports journalism community. His work has been discussed in prestigious publications like Sports Illustrated. A dedicated follower of LeBron James, Nico often leads coverage on news related to the basketball star. With nearly a decade of experience in sports journalism, Nico consistently provides comprehensive and timely basketball news, engaging a wide audience of basketball enthusiasts.Nico's most desired player to interview, past or present, is Kevin Durant. He is particularly keen on asking Durant if he has any regrets about his career, especially concerning his departure from the Oklahoma City Thunder, and why he engages so much with fans on social media. 
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