As a result of a dispute with one of his creditors, Julius Erving will be forced to sell much of his cherished memorabilia, including his 1974 and 1976 New York Nets ABA Championship ring and his ABA MVP trophies from 1975 and 1976. Erving's NBA championship ring and MVP.
The ex-Net, is being sued for $200,000 by a Georgia bank after the bank says he failed to pay back all of a $1 million loan he took out two years ago. So now, Erving's memorabilia will be a part of SCP Auctions’ fall offering set to begin Friday. Bidding is set to conclude on November 19.
- Julius Erving's ABA rings, other memorabilia up for auction - Colin Stephenson - Star-Ledger
Julius Erving denies that auction of memorabilia is related to lawsuit - Cindy Boren - Washington Post