Drake Gifts Amari Bailey Iced Out Pendant ... With OVO Owl!!!

High school hoops star Amari Bailey is now part of the OVO family ... 'cause Drake just hooked him up with an incredible iced out chain of his jersey number!!

Of course, Bailey's mom, Johanna Leia, is currently dating the 6ix God ... and the couple has showed up to the young hooper's games together recently to show support.

The 17-year-old is certainly reaping the benefits of his mom dating the biggest rapper on the planet -- showing off his brand new piece on Instagram.

The bling has a #10 pendant -- his Sierra Canyon jersey number -- infused with all types of colored diamonds ... and the famous owl logo of Drake's OVO brand.

Bailey clearly loves the gift -- he's been posting videos and pics showing off the piece.

It appears Bailey has braced himself for the haters, captioning his post ... "Insert comments below pt.2🤣🤣🤣🔟🌊"

If you forgot, the Toronto rapper was spotted -- by ABC7's chopper -- having a fancy dinner date with the UCLA commit's mom at Dodger Stadium last month.

We found out it was actually a thank you from the Dodgers for Drake's huge donation to their charity ... and the couple had already been together for months.

Drake's even acted as a mentor for the young hooper ... advising him on fame, wealth and all the things that are coming his way.

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