Julius Erving says he’s broke after a bank filed a lawsuit against the former pro basketball star claiming he owes more than $200,000.
Georgia Primary Bank filed the lawsuit in Fulton Superior Court on Oct. 18 against the 61-year-old and his corporation, The Erving Group Inc. of Atlanta.
The Atlanta Journal-Constitution reports the lawsuit says his company was given a $1 million line of credit in April 2009, which was due the following April. It says a balance of $205,277.84 has not been paid.
Erving, better known as Dr. J, purchased the Heritage Golf Club in suburban Atlanta in 2006. The club went into foreclosure last year.
Julius was a member of the NBA champion 1983 Philadelphia 76ers and earlier won two ABA titles. The newspaper’s calls to his attorneys were not immediately returned.
Julius Erving Related Tweets On Twitter