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Dr. J

NBA Legend Snoozes,

Loses $230,000 in Lawsuit

6/3/2012 9:25 AM PDT BY TMZ STAFF
EXCLUSIVE

0603_Dr-J_gettyJulius Erving -- known the world over as Dr. J -- didn't bother to respond to a lawsuit claiming he defaulted on a GIANT loan ... so now he's lost the case and has been ordered to pay up ... TMZ has learned.

According to documents filed in Georgia, the NBA legend took out a loan in 2009 from Georgia Primary Bank. The original loan was for $1,000,000 and Erving had an outstanding balance of $210,705.71 ... which was never paid.

The bank made repeated requests for the balance and when they went ignored ... they filed a lawsuit in October 2011.

The lawsuit went ignored as well and a Georgia court ordered Erving to fork over $230,286.86 -- the original balance, plus $19,581.15 in interest.

Calls to Erving's lawyer were not returned.

For more sports stories, check out tmzsports.com!
14 COMMENTS

No Avatar

1.

Liz    

So he owed the bank money, was sued by the bank, and failed to respond to the lawsuit so the court says he owes the bank money....why pay a lawyer to respond to a suit you'll lose anyway?

787 days ago
2.

static    

Now that's dropping the ball.

787 days ago
3.

Cheetara    

Boy I loved this man when he played basketball.

787 days ago
4.

get a life ho    

This man is a true gentleman with class .,.,.,.,.

787 days ago
5.

KnuckleDragger    

No, really! At what point in your life do you think you're all that...that you need to borrow a million dollars. Please...

787 days ago
6.

JugEars McKenyan Sr..    

Even the best they have to offer act like this... Millions but stiff everyone around them... nice work "Dr" No Pay...

787 days ago
7.

Lee    

In all liklihood he is probably planning to file for bankruptcy so he may have been advised to just ignore this case because there is nothing to get. A judgement means nothing if there are no assets to attach. Dr J has always been a class act, just caught a bad break on his business in a tough economy. I can relate because the same thing happened to me. At least he has his celebrity to fall back on.

787 days ago
8.

jerseymomma    

I used to work in a casino back in the 90's in Atlantic City. He would come in 1 to 2X a month and drop a lot of money. If I remember right one time he drop 150 to 175,000 in less then 2 hours. Won sometimes but never tipped. But was always pleasant never rude. Even when he lost or someone recognized him . He would make small talk with you. Manute Bol would come in also. I would laugh because he was the only man allowed to sit while playing craps because of his height. Very nice man also. BILL CROSBY TOTALLY AN *******!!!

786 days ago
9.

Yolanda     

Doesn't matter....still love him!!!

786 days ago
10.

J. Frod    

Ah Doc say it ain't so ! You paid all but $210 grand then you defaulted ! Wow ! May as well pay the rest if you're gonna pay that much of the loan !

786 days ago

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