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Hugh Hefner '00 L.A. Lakers Championship Ring ... Up For Auction!

A championship ring from the Lakers 1999-2000 season, issued to the legendary Playboy founder, is on the auction block!

Hefner received the 14-karat yellow gold ring, designed to the exact specifications of the players' rings, after the Lakers beat the Pacers in the NBA Finals.

The face of the ring is paved in real-brilliant cut diamonds and has the words "World Champions" and "Lakers" on it. The ring also has ten large diamonds on the front ... five appearing on each side.

Hugh Hefner's Lakers Ring

The ring also has Hugh's last name, "Hefner," on one side, along with the Lakers' regular season record (67-15) and playoff record (15-8) that season.