Categories
NBA General

Latrell Sprewell would like to know if you have any spare change


Remember when Latrell Sprewell turned down a big, fat $21 million contract with the T-Wolves because is wasn’t enough moolah to feed his family? Well, a couple years later, it looks Sprewell might be forced into a part time gig as a grocery sacker.

The former coach-choker is apparently up against some hard times and is looking to make a little extra cash, but Spree isn’t like us, he doesn’t have to go to the blood bank or haul his guitars and X-Box to some shady pawn shop. Of course, Sprewell owes a lot more than he could ever get from the corner Quickie Pawn.

Former Knick star Latrell Sprewell’s home is up for foreclosure and his yacht sold at auction to help pay off the $1.3 million he owes on the boat, according to court filings. …

RBS Citizens NA, or Citizens Bank, filed a foreclosure suit last week in Milwaukee County for the $405,000 home Sprewell bought in the Milwaukee suburb of River Hills in 1994.

In court documents, the bank said Sprewell owed $295,138 in outstanding payments plus interest.

Sprewell failed to make his mortgage payments of $2,593 per month from September 2007 to January 2008, the documents said.

Last month, Sprewell’s 70-foot yacht, named “Milwaukee’s Best,” was sold at auction for $856,000 to a man from Milwaukee. It was originally worth about $1.5 million. The bank holding that mortgage, New York-based North Fork Bank, asked that it be seized to pay off $1.3 million in debt.

Sounds like someone has been attending the Scottie Pippen Institute for Poor Investments.

Links:

[NYPost.com]: Sprewell forced to sell yacht

Categories
Indianapolis Colts

Come and get you some Tony Dungy history



Who needs a four bedroom house when this
is gonna be your new crib?

Are you one of those losers who collect odd sports memorabilia? You know who we’re talking about; the type of person who combs eBay continuously looking for Barry Bonds’ used syringes, bloody gauze used on Steve Nash’s gashed nose or grass from the field where Joe Montana took his final snap. C’mon, be honest; we’re all friends here. This crap ain’t buying itself. Well, we just might have your newest worthless piece of memorabilia for you.

The boyhood home of Super Bowl winning coach Tony Dungy is now for sale in Jackson Michigan. Dungy’s sister is selling the four-bedroom home which sheltered Dungy until he left for college for the low, low price of $53,000, which is $6,000 below its value. Are you getting that checkbook out yet? No? Oh, you want more; you greedy little nerds and your collections of crap, always wanting a deal. Okay, well what if an autographed copy of “Quiet Strength” by Tony Dungy was thrown into the deal? Still not enough you say. All right; then how about a football autographed by your favorite Colts player?

Now, deal or no deal?

Links:

[WISHTV.com]: Colts Coach’s Childhood Home goes up for Sale

Categories
Cleveland Cavaliers

James has a serious home court advantage


Life is pretty good for LeBron James right now. The Cavs clinched a playoff spot last night; he has a new investment and a new job and, now he has a brand new home. Actually, it’s more like a castle fit for a king. The 35,440 square-foot home is built on a 5.6 acre plot in Bath Township, Ohio and you know it has to be impressive because James destroyed an 11 bedroom, $2.1 million home in order to build his new palace.

This house is so big that LBJ shouldn’t have to leave his abode for anything except shooting hoops and shooting commercials. The house won’t be done until next year but by the time it is finished it will include a recording studio, a bowling alley, a barber shop, a casino, a theatre and an aquarium. Some of the other selling points, as if you need any more, include 27-by-27 foot dining hall, and a 34-by-27 foot “great room” which is only outdone by the even greater “grand room.” If that’s still not enough for you, the house has a six car garage, an elevator and the always popular self-promoting sculpture of his head. Klassy.

But the most impressive part of James’ new crib has got to be the master bedroom. The room is approximately 40-by-60 feet and has an enormous two-story walk-in closet. Now that’s a lot of clothes.

James is currently living in a four bedroom home while he waits for his new house to be completed. Wow, it must feel like a tomb in there to King James.

Links:

[Ohio.com]: King James builds a castle of a home