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Julius Erving

Julius Erving, better known as Dr. J, was one of basketball’s first rock stars. During his 1970s heyday, the Basketball Hall of Fame inductee pioneered a style of play that featured lots of showboating, leaping, and above-the-rim slam-dunking. Today, this conduct is par for the course in any professional basketball game. But Erving did it first, and he remains a legend almost 25 years after his retirement.

Sadly, Erving was not immune to falling on hard times, and in December 2010 those hard times cost him his house. Erving had purchased the 6,500-square-foot, five-bedroom St. George, Utah, home in 2006 and built a basketball court on the property that was decorated with the colors and logo of the Philadelphia 76ers. He moved out in January 2010 and listed the home for $2 million, but never found anyone to buy it. Erving defaulted on the mortgage and the home, which he described as “substantially underwater,” went into foreclosure.

Focus On Sport | Getty ImagesInset: Realtor.com