Settlement Reached In Fight Over Bryant Memorabilia Auction

LOS ANGELES (CBSLA.com) — A legal fight involving Kobe Bryant and his parents will stay out of the court room.

The Lakers guard has reached an agreement with a New Jersey auction house over his parents' plans to put nearly 100 memorabilia items up for sale, CBSSports.com reported.

Bryant sued Goldin Auctions in May after he learned his mother, Pamela, had made arrangements to partner with the firm to auction off Bryant's memorabilia.

In the lawsuit, Bryant claimed his parents had no legal right to sell the items.

Bryant reached a settlement Monday that resulted in a public apology from his parents.

"We regret our actions and statements related to the Kobe Bryant auction memorabilia," Joe and Pamela Bryant said in the statement, according to ESPN. "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."

Auction owner Ken Goldin told KNX 1070's Randy Kerdoon as part of the agreement, Bryant has allowed the sale of a few items, including a championship ring he won with Shaquille O'Neal in 2000.

"They are not replicas, they are not commemoratives, they're called 'team-issued player rings'," Goldin said. "[Bryant] decided to give one to his father and one to his mother in 2000."

In addition to the ring, Goldin also is auction Bryant's Lower Merion game-used high school uniform for both home and away games, including what is believed to be the only authentic game-worn #24 Kobe Bryant Lower Merion jersey (top right) in existence.

The auction is set to begin June 17.