Kareem Abdul-Jabbar auctions off NBA championship rings and other memorabilia

(CBS News) -- Fans can own a piece of NBA history thanks to Lakers legend Kareem Abdul-Jabbar. The basketball great is auctioning off hundreds of pieces of memorabilia and including four NBA championship rings. 

Much of the proceeds will go to his Skyhook Foundation, which brings STEM educational opportunities – science, technology, engineering, and math -- to underserved communities. 

"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 wrote on his blog. 

"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," he added. 

The basketball great teamed up with Goldin Auctions to help sell off the memorabilia, some of which has minimum bids set at tens of thousands of dollars.

To see the items being auctioned off, click here.

How many NBA championship rings does Kareem Abdul-Jabbar have? A whopping six -- and four are now up for auction. In addition to those historic rings, Abdul-Jabbar's 1985 All-Star ring, a used and signed basketball from 1989, and an MVP trophy are among the highly-coveted items receiving bids well over the prices listed as minimum bids. receiving bids well over the prices listed as minimum bids. 

Abdul-Jabbar's foundation states this its mission is to "Give kids a shot that can't be blocked." Its flagship program is a camp for fourth and fifth graders that hopes to inspire students to focus on STEM education. Campy Skyhook takes the kids on a five-day immersive experience in the Angeles National Forest. 

"I can do more than stuff a ball through a hoop; my greatest asset is my mind," Abdul-Jabbar says on the foundation's website. 

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