Top brands such as Nike, North Face, Wilson, Adidas and more will be offered during closing sales.

The joint venture of Gordon Brothers Group, Hilco Merchant Resources and Tiger Capital Group has begun going-out-of-business sales at all Sports Authority locations.

Gordon Brothers Group, in partnership with Tiger Capital, began assisting the retailer with the wind-down of 142 stores in March after the company filed for Chapter 11 bankruptcy.

The going-out-of-business sales will offer values, in all stores, on clothing, athletic gear and accessories for popular brands including Under Armour, Nike, North Face, Wilson, Adidas, ASICS and Brooks, among others.

"Our liquidation sales will offer shoppers extraordinary opportunities to buy the kinds of sporting goods, equipment and apparel they've come to expect from Sports Authority–all at deep discounts," says a representative from the joint venture. "Most markdowns will be taken on already reduced prices, including clearance inventory, so the liquidation savings will be significant. Additionally, this event comes just in time for Father's Day gift giving and the start of summer outdoor activities."

Sports Authority currently operates more than 450 stores in 45 U.S. states.