Bill Sharman’s championship ring raffle starts

Former Lakers coach Bill Sharman held a news conference Wednesday at the Lakers’ practice facility in El Segundo announcing he’s raffling his 2010 NBA championship ring to benefit eight different charities.

Fans can begin purchasing $10 raffle tickets in hopes to win Sharman’s championship ring through June 7 at 8 a.m. PST by visiting http://www.billsringsofhope.com. Sharman, 87, coached the Lakers’ 1971-72 championship team and has spent the past 23 years as a Lakers’ special consultant, drafting monthly reports filled on the team’s play.

The winner will also receive two tickets to a Lakers game in the 2013-14 season, a $4,000 travel allowance and a cash prize worth $8,146.25 to offset the winner’s tax liability. The proceeds will go to eight different charities, including Toberman Neighborhood Center, Lakers Youth Foundation, Public Counsel, Angel’s Nest, James Worthy Foundation, Providence TrinityCare Hospice, West Coast Sports, Medicine Foundation and Xcel University, Inc.

Lakers forward Metta World Peace, who attended the announcement, also raffled his 2010 ring two years ago, raising $651,006 to benefit mental health charities.

To promote the charity, Sharman set up both his own Twitter account and Facebook page.

Follow L.A. Daily News Lakers beat writer Mark Medina on Twitter. E-mail him at mark.medina@dailynews.com