Julius W. Erving (Dr. J) entered into a fouryear contract to play exclusively for the Virginia Squires of the American Basketball Association. After one year, he left the Squires to play for the...

Julius W. Erving (Dr. J) entered into a fouryear contract to play exclusively for the Virginia Squires of the American Basketball Association. After one year, he left the Squires to play for the Atlanta Hawks of the National Basketball Association. The contract signed with the Squires provided that the team could have his contract set aside for fraud. The Squires counterclaimed and asked for arbitration. Who won? Explain.