"When it comes to choosing between storing a championship ring or trophy in a room, or providing kids with an opportunity to change their lives, the choice is pretty simple. Sell it all," Abdul-Jabbar said in a blog post explaining the decision. "Looking back on what I have done with my life, instead of gazing at the sparkle of jewels or gold plating celebrating something I did a long time ago, I'd rather look into the delighted face of a child holding their first caterpillar and think about what I might be doing for their future. That's a history that has no price."
The four rings Abdul-Jabbar is auctioning off came from the championship games in 1980, 1985, 1987, and 1988. He's also auctioning off a signed and inscribed basketball from the final game he played, signed jerseys, seven All-Star Game rings and three of his Most Valuable Player Podoloff Trophies.
His championship ring from 1985 has a current bid of $90,000 at the time of this writing. The rings from 1987, 1988, and 1980 have current bids of $85,000, $75,000, and $70,000, respectively, adding up to a current grand total of $320,000. The auction will be open until Saturday.
Abdul-Jabbar, a Hall of Fame center, played for the Milwaukee Bucks and the Los Angeles Lakers. He retired in 1989.