We brought the story last month of how Julius Erving was having some financial challenges due to some failed investments, and on an unrelated note happened to be having a lot of his memorabilia auctioned off. “Unrelated” is the official story, choose to believe what seems logical to you.
Turns out there is a real demand for Dr. J memorabilia — the auction raised $3.5 million, reports the Philly News (via Ball Don’t Lie). The biggest price paid: $460,471 for Erving’s 1974 New York Nets ABA championship ring.
But what also was impressive was who was doing the buying. There was this tweet from Sixers CEO Adam Aron:
Good. Dr. J needed some help and the Sixers and its fans stepped up and helped (and got some merchandise in the process). Everybody wins. So kind of the opposite of the lockout. We could use some stories like that.
Does it make anyone else sad when a famed pro athlete auctions off a lot of his memorabilia?
Julius Erving — who you remember best as Dr. J. doing a scoop shot in the finals for the Sixers — is doing just that, according to the Atlanta Journal Consitition (via Ball Don’t Lie).
The majority of the story is about how Erving bought a golf course that seems to be a huge financial drain and has led to a bank suing him. Then comes these to paragraphs.
In an unrelated matter, many of Erving’s basketball memorabilia items, including his 1983 Philadelphia 76ers World Championship ring, will be up for bidding Friday, SCP Auctions said Tuesday. Other items on the auction block include Erving’s ABA championship rings from 1974 and 1976 with the New York Nets, MVP trophies from both the NBA and the ABA, and jerseys.
The minimum bid is $25,000 for the NBA championship ring, and $20,000 for each ABA title ring and the NBA MVP trophy, the auction house said. In a statement released by the auction house, Erving said he plans to donate a portion of the auction proceeds to the Salvation Army.
Unrelated. I can’t prove otherwise, so you make your own call.
But if you want some vintage Dr. J and Sixers memorabilia, there is an auction for you coming up. And the cause could be a good one.