Jake Schoellkopf, AP
New Mexico coach Steve Alford, left, greets Texas Tech coach Bobby Knight before the start of a college basketball game at The Pit in Albuquerque, N.M., Saturday, Dec. 15, 2007. Alford played for Knight at Indiana.

Former Indiana University basketball coach Bobby Knight is selling sports memorabilia he collected throughout his life in order to pay for his grandkids’ college education, according to USA Today.

Knight came up with the idea while talking with former teammate and basketball Hall of Famer, John Havlicek.

"As we talked we decided the money could be very useful to put our grandchildren through college," Knight told USA Today.

The auction continues until Dec. 5, and spotlights three NCAA championship rings, along with a sport coat and a warmup jacket Knight received when he coached the gold medal-winning 1984 U.S. Olympic team.

However, some items are not for sale.

Knight was given some things by baseball Hall of Famer Ted Williams.

"He was very special to me, so I will never part with those things," Knight told USA Today.

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