London, June 11(ANI): New Jersey auction house, Goldin Auctions, has revealed that it has reached a settlement in a lawsuit over Kobe Bryant's memorabilia from high school and early professional career.
The NBA star's lawyers had sued the auction house in federal court last month, asking the company to cancel the auction claiming that Kobe's mother, Pamela, did not have the right to sell the items, the Guardian reported.
The auction house said in a statement released on Monday, that it would offer some items including jerseys worn by Bryant when he played for Lower Merion High School outside Philadelphia, his 2000 NBA All-Star Game ring and two NBA championship rings from 2000.
The founder of the auction company, Kenneth Goldin said that the auction prices could be difficult to predict but hopes that the high-school uniforms and the All-Star Game ring would fetch the highest prices.
He expects the items to go for 100,000 dollars to 250,000 dollars each.
The auction is scheduled to run from 17 June to 19 July.
Goldin said that he is very happy that the feud got settled and added that they are happy with the items.
Bryant's parents, in a written statement, apologized for the inconveniences caused to their son and the auction company and thanked them for their cooperation. (ANI)