Sharman to auction Lakers championship ring

MILWAUKEE -- Former Los Angeles Lakers coach Bill Sharman had enjoyed relative anonymity for years, as the 86-year-old continued to serve as a consultant to the team and attend games with regularity.

Well, ever since the Miami Heat threatened his 1971-72 Lakers' record 33-game winning streak, Sharman became relevant on a national scale again.

Apparently Sharman is using all that attention for good.

Sharman is raffling off his 2010 Lakers championship ring to raise money to be spread across eight charities of his choosing.

Metta World Peace engaged in a similar endeavor, raffling off his 2010 ring and raising more than $650,000 for mental health charities. While World Peace's ring was special because he earned it by scoring 20 points in Game 7 of the Finals against Boston, Sharman's NBA credentials are even more impressive. Sharman is one of just three people to be inducted into the Naismith Memorial Basketball Hall of Fame as both a player and a coach.

More details about the raffle will become available after a news conference Wednesday. The fundraiser is being put on thanks to NetRaffle.org by Celebrities For Charity.