How Much is Julius Erving Net Worth in 2024?

Julius Erving is famous for his glowing NBA career and his successful business life. He is regarded as one of the greatest and most influential basketball players. So his name was inserted into the Basketball Hall of Fame in 1993. Besides Julius Erving’s worth, we will talk about his career, life, and achievements in this article.

Achievement List At a Glance:

Here is a short list of some of his most notable achievements:

AchievementsYears
ABA Championships (2)New York Nets (1974, 1976)
NBA Championship (1)Philadelphia 76ers (1983)
ABA MVP Awards (3)1974, 1975, 1976
NBA MVP Award (1)1981
ABA All-Star Selections (5)1972, 1973, 1974, 1975, 1976
NBA All-Star Selections (11)1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987
All-Star Game MVPs (2)1977, 1983
All-NBA First Team (5)1978, 1980, 1981, 1982, 1983
All-ABA First Team (4)1973, 1974, 1975, 1976
ABA Slam Dunk Champion (1)1976
Hall of Fame InductionNaismith Memorial Basketball Hall of Fame (1993)

Julius Erving Net Worth- $50 Million

The net worth of this wealthy man is $50 million. Most of the wealth comes from his former NBA contracts and his post-career business life.

Salary Chart:

SeasonsTeamTotal Salary
1971-1972Virginia Squires, ABA$125,000
1972-1973Virginia Squires, ABA$180,000
1973-1976New York Nets, ABA$350,000 per year
1976-1987Philadelphia 76ers, NBASalaries ranged from $600,000 to $1.5 million per year

Birth

julius erving net worthJulius Erving was born on February 22, 1950, in Nassau County, New York, but grew up in Roosevelt, New York. People called him by his nicknames “The Doctor” and “Dr. J” for his flamboyance and skill on the court. His full name is Julius Winfield Erving II. He became a basketball star during his high school and college years.

School and College Career

The school life of Julius Erving began at Roosevelt High School. After being famous in school life, he began his college life at the University of Massachusetts in 1968. In his college life, he also showed his magical skills and impressive performance in basketball. In the two seasons of his college career, he averaged 26.3 points and 20.2 rebounds per game.

ABA & NBA Career Stats

Erving’s rookie year began with the Virginia Squires. Being a junior, he was lucky to step into the ABA, as the rules for entering the ABA were relaxed at this time. After getting the chance, he signed a contract with the Virginia Squires for four years worth $500,000. He played for the Virginia Squires and scored 27.3 points per game as a rookie. With this impressive performance, he brought success to himself and to his team. He was named to the All-ABA Second Team, and his team was named the All-Rookie Team. He led his team to the NBA finals.

 

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NBA Contract

At the first stage of his ABA career, he faced a dispute based on the contract. When he became eligible to play in the NBA draft, the Milwaukee Bucks selected him in the first round (12th overall). Earlier, he signed a contract with the NBA’s Atlanta Hawks worth more than $1 million with a $250,000 bonus. At the time, the earlier team of the Virginia Squires forced him to finish the tenure of the contract. So the team moved to the court. After a lot of bargaining and several procedures, he had to return to his old team, the Virginia Squares. He gave his team an impressive performance. In the 1972–1973 season, he scored a career-best 31.9 points per game.

julius erving career earningsThen he settled the dispute with the Atlanta Hawks and moved to the New York Nets. Here he led two teams. His performance made him the most valuable player, and his team defeated the Utah Stars in 1973–74 for the first title.

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In 1970, he defeated the Denver Nuggets in the ABA’s final championship. He scored 34.7 points on average that season and was named the Most Valuable Player of the playoffs. During this season, upon consideration of the points per game, rebounds per game, assists per game, steals per game, blocks per game, free throw percentage, free throws made, free throws attempted, three-point field goal percentage, and three-point field goals, he became among the top 10 players in the ABA. Rick Barry placed second on that list.

NBA Championship

His professional career began with the Philadelphia 76ers. He played with this team for 11 years and favored his team to win the championship in 1983.

Height and Age

Basketball Hall of Famer and former player Julius Erving’s height is 2.01m, and his weight is 95 kg. This well-known player retired in 1987, and now he is 71 years old.

Full Biography Chart:

Total Net Worth:$50 Million (Updated in 2024)
Average Salary: $350,000 per year
Endorsements:Coca-Cola, Converse, Colgate, etc.
Birth:February 22, 1950, in New York, USA
Mother:Callie Mae Erving
Father:Julius Erving
Wife/Girlfriend:Dorýs Madden, Turquoise Brown(Divorced)
College Education:University of Massachusetts
Source of Income:NBA Career, Media, Business
Achievements:NBA, Championship, All-NBA Team, NBA Most Valuable Player Award
Height:6′ 7″/2.01 m
Weight:95 KG
Current Age:71 Years

 

Over the past five years, Rick C. Nees has written hundreds of NBA players' biographies, some of which have already been published in famous newspapers. He previously worked as- Commentator, Basketball Analyst, Basketball Player, Newspaper Sports Editor, Radio sports presenter. Rick grew up watching basketball leagues. He was a state-level high school basketball player who followed all NBA events since he was a child.

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