Julius Erving has denied an upcoming auction of his personal basketball memorabilia collection is tied to a lawsuit filed against him by a Georgia bank.
Known on the hardwood as Dr. J, Erving tells The Associated Press on Wednesday he's never been a ''hoarder or collector,'' and plans to donate a portion of the auction proceeds to the Salvation Army. Erving's auction collection includes his 1983 NBA championship ring with the Philadelphia 76ers, a pair of ABA championship rings with the New Jersey Nets, and MVP trophies from each league.
The Atlanta Journal Constitution reported that Erving owes more than $200,000 on a loan with Georgia Primary Bank, according to a lawsuit filed in Fulton Superior Court.
Erving says the auction is part of a long-planned celebration of his career.