Monday, February 11, 2008

A 3 year deal, A 3 year deal

On Monday Minnesota hoops fans broke out in a rewarding round of laughter so loud, that it could've woke Amy Winehouse after a four day crack bender. It seems our old buddy Latrell Sprewell is in a bit of a financial crisis.

Former NBA 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.

Sprewell, who once turned down a three-year,$21 million contract extension saying, "I've got my family to feed," has apparently fallen on tough times. 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.

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.
A federal marshal seized the boat last summer in Manitowoc, about 80 miles north of Milwaukee, where it was in storage.
Copyright 2008 by The Associated Press


"Make me an offer son. Cassell once had a threesome with Gary Payton and Penny Marshall right on the bow."

You know you're screwed when you can't afford a home in a Milwaukee suburb. I guess 21 million doesn't go as far as it used to. By the way, kudos to anyone who picks up on my Gilligan's Island pun.

1 comments:

Number 2 said...

Hands down, caption of the week. Penny Marshall he says. Fucking brilliant.