michael jordan*One of Michael Jordan’s $1.5 million investments is on the verge of going under.

While the loss may not hurt his pockets too much, Jordan could be losing a good thing in Chicago.

Attack Athletes Gym is facing foreclosure after a judge rejected a bankruptcy bid by owner, Tim Grover.

The 65,000 square-foot sweat lodge attracted several star athletes, including Kobe Bryant and Donovan McNabb. It has four basketball courts and a 10,000 square-foot weight room.

Grover was a smart businessman for a while. He built close relationships with athletes including Jordan, Dwayne Wade and Tracy McGrady to build his empire. He was credited with helping to revitalize Chicago’s West Side and having a positive influence on athletes. But his work is now in shambles with liens amounting to $12 million.