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New Jersey auction house part of Kobe Bryant business litigation

Pamela Bryant, mother of NBA superstar Kobe Bryant, recently made a deal with Goldin Auctions, a New Jersey auction house, to sell some 900 items belonging to Kobe. As a part of the deal, the auction house advanced her $450,000. When the auction was announced, lawyers for Kobe Bryant moved to block the sale. Now, Goldin Auctions is involved in business litigation for the right to auction the items.

At the center of the controversy is the question of who actually owns the items. Pamela Bryant insists that she asked her son what he wanted to do with the items about five years ago, and he told her she could keep them because he wasn't interested in keeping them. They have been in a storage unit in New Jersey rented and paid for by Pamela Bryant since that time.

Among other things, the items include several pieces of memorabilia from Kobe Bryant's high school basketball days. It is estimated that the value of the items could be as much as $1.5 million. The advance that Pamela Bryant took from the auction house is reportedly being used by her to purchase a home in Nevada. Needless to say, Kobe Bryant's relationship with his mother hasn't always been a good one.

There may be many parents of professional sports stars, not just NBA stars, watching this business litigation. The issue of whether Kobe owns the items or his mother does could have far reaching implications for family members that are in possession of items belonging to those famous athletes. Regardless of which way this case is decided, it appears that the auction house has inadvertently landed itself in the middle of a family dispute.

Source: FOX Sports on MSN, "Kobe Bryant battles mom over auction," May 3, 2013

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