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Dr. J gets financial boost, 76ers (and fans) get memorabilia

Nov 22, 2011, 10:49 AM EDT

erving Getty Images

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.

  1. Chris Fiorentino - Nov 22, 2011 at 10:58 AM

    Class move by the new Sixers owners, who could have balked at paying for something that they realistically should have been given, or lent, for free for display in the arena. But he needed the cash, and what better way to help out a legend…a guy who helped build the league before even Bird and Magic came around…than to buy some of his old memorabilia. I hope this helps and I hope the Doc learned from his previous financial issues and spends/saves better.

    For you Lakers fans, there’s always this to remember…

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