Quantcast
Wednesday, October 26th, 2011 at 9:10 am  |  20 responses

Julius Erving Faces $200k Lawsuit, Auctioning Off Championshing Rings


Dr. J finds himself in some hot financial water, and somewhat tragically, he’s decided to auction off much of his memorabilia, including all of his title rings (NBA and ABA.) From the Philly Daily News: “[Julius] Erving, who spent all of his 11 NBA seasons with the Sixers after a stellar career in the ABA, is auctioning a boatload of his personal memorabilia in conjunction with SCP Auctions’ fall offering. Doctor J items to be auctioned, beginning Friday, include: 1983 NBA championship ring (minimum bid $25,000). 1996 NBA 50 greatest player ring ($5,000). 1975-76 MVP trophy from the ABA ($10,000) and 1980-81 MVP trophy from NBA ($20,000). NBA All-Star Game MVP trophies from 1977 and 1983 ($5,000 each). Championship rings from the ABA’s New Jersey Nets from 1974 and 1976 ($20,000 each). The jersey he wore in his final NBA game against Milwaukee in 1987 ($10,000). ‘I am very excited to work with SCP Auctions to offer my person collection of memorabilia to collectors and fans,’ the Basketball Hall of Famer said in a statement. ‘It is my hope that the buyers of these items will derive much pleasure from their ownership. I also hope these treasures initiate much discussion inside and outside of basketball circles that help to preserve my legacy. It pleases me to support my lifelong charity, the Salvation Army, with a portion of the proceeds. My family and I thank all of the fans for their continued support throughout the years.’ The obvious question is, why now? Is the good Doctor in such financial trouble that this is a necessity? Attempts to reach Erving on his cellphone were unsuccessful, but SCP president and CEO David Kohler said that is not the case. ‘It’s not that [financial difficulties]; he was just willing to sell now,’ Kohler said. ‘He was ready to do it. We’ve been talking about this for about a year, and this is going to be the 25th year since his retirement, so he decided it was the right time.’”

  • Add a Comment
  • Share
  • RSS

Tags:

  • Kilo

    This is a really sad story.

  • Jrb

    If i had the money i’d buy them then donate to the HOF, itd be a shame for the doctor’s career treasures are lost to some fan for eternity

  • Russ M

    I’m an old ABA guy who spent many a night at the Nassua Coliseum watching this guy do stuff that I had difficulty even trying to explain to my friends the next day. Straight-up idolized this guy, and I guess a part of me always will. Maybe there’s nothing wrong with him doing this, but reading it HURT. To me, most of the stuff on that list is sacred.

  • http://www.slamonline.com UNFROZEN CAVEMAN LAWYER

    NOOOOOOOOOOO. TIME FOR SOMEONE TO STEP UP, LIKE SHAQ DID FOR MIKAN.

  • NJ4Life

    Those ABA rings would look great in a Brooklyn showroom…

  • JayChau

    I hope the modern NBA players end up bidding (and winning) these memorabilia. It will truly be a shame for such sacred items to land in the hands of an unknown person.

  • Cody W

    Man thats sad. Even autioning off his first NBA jersey.

  • http://www.twitter.com/_dfrance dfrance21

    This is truly sad. What reason could a sports great have, other than financial hardship, to auction of all of his awards and acheivements? It would be awesome if a current NBA star bid on all the items and just gave them back to him.

  • hillbilly

    Dr. J: “These are my ABA and NBA championship rings. They should probably be in a museum…” Rick Harrison: “I can give you like two hundred bucks.”

  • http://slamonline.com YKnoT

    Some mega NBA star should buy it all. And pay his 200k lawsuit imo

  • http://redoftoothandclaw.ca/ niQ

    @dfrance21. Sounds kind, but if it really is financial hardship, what if he puts it back into the auction? lol

  • Zabbah

    Eff this. Hate it when legends fall on hard times.

  • http://redoftoothandclaw.ca/ niQ

    But on a more serious note, yea, this is a sad day in basketball land.

  • LA Huey

    He should do an episode of Pawn Stars for this.

  • Nella

    How the hell does he need to auction off all that stuff? I’m not saying he’s a mega millionaire, but he’s not a player from the 50′s either. I mean, damn, he was in a Converse commercial six months ago. Did they pay him like $200 for that?

  • flash

    well can’t take those to his grave maybe that’s what he thought. cash is more important right now. besides he a doctor, he knows what he’s doing. (or not)

  • http://www.twitter.com/_dfrance dfrance21

    @ niQ, that would be effed up, but extremely hilarious.

  • swag83

    lebron should buy them…

  • MUBWAR

    ^^^totally agreed^^^ i mean its not like he can’t afford it

  • http://myspace.com/gametimeweezy Gametimeweezy

    Dr. J was the greatest.. besides that MJ guy.. Dr J. was the greatest.

Advertisement