Julius Erving Net Worth (Updated 2025).
Julius Erving, born on February 22, 1950, in Roosevelt, New York, began his professional basketball career in 1971. Fresh out of the University of Massachusetts, Erving joined the Virginia Squires of the American Basketball Association (ABA) as an undrafted free agent. His exceptional athleticism and skill quickly made him a standout player in the league.
Erving’s fame began to soar during his time with the Squires. He was named an ABA All-Star in his rookie season and went on to win the ABA Rookie of the Year award in 1972. His high-flying dunks, which earned him the nickname “Dr. J,” became a signature of his play and a spectacle for fans. Erving’s talent and charisma helped to popularize the ABA and paved the way for his eventual move to the National Basketball Association (NBA).
**Julius Erving’s Current Net Worth (2025)**
As of 2025, Julius Erving’s net worth is estimated to be around $50 million. This figure takes into account his earnings from his basketball career, investments, and business ventures.
**Career**
Julius Erving, often known as “Dr. J,” is a retired American basketball player. He played in the ABA and NBA, winning three championships and earning three MVP awards. Erving was known for his dunking ability and is credited with popularizing the dunk from the free-throw line, a move now known as the “Dr. J Special.”
**Other Ventures**
After retiring from basketball, Erving ventured into broadcasting. He worked as an analyst for NBC and Turner Sports. He also founded a sports marketing company, Erving Sports Enterprises, which focuses on brand development and consulting services.
**Assets**
Erving’s assets include real estate properties, primarily in New Jersey and Florida. He also has investments in various businesses, including restaurants and sports teams. His most valuable asset, however, is his 10% stake in the NBA’s Philadelphia 76ers, valued at around $20 million.
**Annual Income**
Erving’s annual income is primarily derived from his investments and business ventures. His exact annual income is not publicly disclosed, but it’s estimated to be in the range of $2-3 million per year. This includes his earnings from his stake in the 76ers, his sports marketing company, and other business interests.
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Frequently Asked Questions about Julius Erving
**Q: What is Julius Erving’s net worth?**
Julius Erving’s net worth is estimated to be around $50 million.
**Q: When was Julius Erving born?**
Julius Erving was born on February 22, 1950.
**Q: Where did Julius Erving grow up?**
Julius Erving grew up in Roosevelt, New York.
**Q: What college did Julius Erving attend?**
Julius Erving attended the University of Massachusetts Amherst.
**Q: What position did Julius Erving play?**
Julius Erving played as a small forward.
**Q: Which teams did Julius Erving play for in the NBA?**
Julius Erving played for the New York Nets, the San Antonio Spurs, and the Philadelphia 76ers in the NBA.
**Q: What are some of Julius Erving’s major achievements?**
Some of Julius Erving’s major achievements include being a 16-time NBA All-Star, a 5-time NBA All-Star Game MVP, and winning the 1983 NBA Championship with the Philadelphia 76ers.
**Q: How many points did Julius Erving score in his NBA career?**
Julius Erving scored a total of 30,026 points in his NBA career.
**Q: What is Julius Erving’s nickname?**
Julius Erving is often referred to as “Dr. J”.
**Q: What is Julius Erving doing now?**
After retiring from playing, Julius Erving has worked as a television analyst and has been involved in various business ventures. He is also a member of the Naismith Memorial Basketball Hall of Fame.
