*TMZ is reporting that NBA legend Julius Erving’s 6,700 sq. ft. house in Utah is on the brink of going into foreclosure.

The property [see photo below], which Dr. J has been trying to sell for over a year, went into pre-foreclosure last month after the former Philadelphia 76ers star defaulted on his loan.

Erving tells TMZ, the house is “substantially underwater” — meaning he owes more than it’s worth.

The house — located in St. George, Utah — is worth $2.23 million, according to Foreclosures.com.