Ron Artest Raises $500k For Mental Health By Selling Championship Ring

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LOS ANGELES — Ron Artest has absolutely no regrets about giving away his Los Angeles Lakers championship ring to boost mental health awareness. In fact, it just encourages him to go out and get another ring.

Artest announced the winner of the charity raffle for his ring late Saturday night at a club across the street from Staples Center, where the Lakers were trounced by the Miami Heat 96-80 in the NBA’s Christmas showcase.

The ring was won by Raymond Mikkael, a father of four from Hawthorne, Calif.

“It’s a good feeling, because it got a lot of publicity, and that’s cool,” Artest said before taking on LeBron James. “I’m glad we can start over now and do some more work with charities.”

Artest came up with the idea to give away his first NBA title ring after putting a spotlight on mental health by thanking his psychiatrist after Game 7 of the Lakers’ triumph over Boston last June. While some laughed at another stunt by one of the NBA’s biggest characters, Artest’s candid declaration sparked an interest in normalizing mental health care, which snowballed into this unique charitable gift.

And when he officially gives away the ring in a couple of weeks, Artest feels he’ll be even more motivated to replace it with the Lakers, who are chasing their third consecutive title.

“I’m so anxious to get out at it again,” Artest said. “I get more fuel, I burn it all up. I’m motivated.”

Although he doesn’t yet know the final figures, Artest’s raffle has raised well over $500,000 for his Xcel University charity, which will work with high-risk youth on mental health issues. Artest said he already wrote his first $50,000 check from the proceeds to the charity.

Artest sounds overwhelmed by the support, praising everyone from his teammates to the Lakers’ fan base for participating in the raffle. Even Lakers coach Phil Jackson says he bought a few tickets, praising Artest’s strategy to funnel the money directly into a charity rather than through intermediaries.

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