Gervin's time in Virginia would be short-lived, however. The Squires' finances had never been stable, and they had been forced to start trading their best players to get enough money to stay alive. In the space of only four months, they traded Julius Erving and Swen Nater for cash and/or draft picks. During the 1974 ABA All-Star Weekend, rumors abounded that the Squires were in talks about dealing Gervin for cash. The rumors turned out to be true; on January 30, Gervin was sold to the Spurs for $228,000. The ABA tried to block the trade, claiming that by trading their last legitimate star, the Squires were holding a fire sale. However, a court sided with the Spurs. Within two years, the Squires were no more.
