from www.tmz.com – The following story is all about Kobe Bryant and boobies — allegedly.

Kobe is the poster boy on a flier touting him as the host of a party at NBA All-Star Weekend in Dallas. The catch — the party is being thrown by Show Magazine — a men’s publication featuring scantily clad and topless women.

So why would Kobe — who dodged a career-ending bullet in 2003 — make a move that could potentially sully his resurrected image?

Kobe’s camp isn’t talking — but reps from the magazine and the club where the party is set to go down each insist Kobe negotiated a fee and put his Hancock on a contract.

The owner of Show Magazine also claims he had to have the flier approved by the NBA before he could start distributing it around town.

As for the sexy models — we’re told some of the girls from the magazine will be appearing at the party in “sexy outfits.”

So we gotta ask …