Replica of Kobe Bryant's 2000 NBA Championship Ring Previously Owned by His Father Up for Auction

The championship ring features 14k gold and 40 diamonds, and bidding is up to $141,000

A replica of Kobe Bryant's 2000 Los Angeles Lakers NBA championship ring, which he had gifted to his father, Joe “Jellybean” Bryant, is up for auction, with bids up to $141,000.

Listed by the online auction website Goldin on March 9, the 14K gold, 40-diamond ring spells out the words "LAKERS," "WORLD CHAMPIONS" and "BRYANT," along with his jersey number, “8,” in gold. It's not the original version of the ring, as Kobe ordered this as an exact replica specifically for his father and kept the main one for himself.

Joe, 69, sold the replica ring to Goldin in 2013, and will not profit from this sale once it occurs, PEOPLE can confirm.

2000 was a memorable year for the Los Angeles team, as well as Kobe — the team won the NBA Championship in a six-game series over the Indiana Pacers. Over the course of his career, Kobe won five total championships, all during his storied career with the Lakers.

Kobe gifted his parents the ring after the 2000 win, and they sold it in 2013 to the auction house Goldin along with two uniforms from his time at Lower Merion High School in Pennsylvania.

However, the sale was contentious, and the late player sued Goldin stating that he had not given Joe and his mother Pamela permission to sell the items, ESPN reported at the time. They eventually settled, with Bryant’s parents writing in a statement that they “regret our actions and statements related to the Kobe Bryant auction memorabilia.”

“We apologize for any misunderstanding and unintended pain we have caused our son and appreciate the financial support he has provided over the years,” they said in a statement at the time.

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The late star’s relationship with his parents was notably rocky — Joe, a former NBA player himself, and Pamela were rumored to have a fractured relationship with their son as early as 2001, as they did not attend his wedding to Vanessa Bryant in April that year.

Related: Kobe Bryant and Vanessa Bryant's Relationship: A Look Back at Their Romance

Although Kobe and his father were reportedly on better terms by the time Joe joined the Los Angeles Sparks as a coach in 2005, the 2013 lawsuit added to the rumors. Kobe’s parents were also noticeably absent during their son’s final NBA game in April 2016.

Bidding on the ring ends on March 30, and as of Friday afternoon, the price is up to $141,000.

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