TIGERCITY
Hall of Famer
Posts: 19,940
Joined: Feb 2009
Reputation: 443
I Root For: Memphis
Location:
|
"A Fool and his Money - The Eddie Curry Story"
http://www.nypost.com/p/sports/knicks/kn...Vqf4TZygrN
Quote:...He took out the $570,000 personal loan in February 2008, promising to pay it back in five months at a nearly 85 percent annual interest rate -- legal in Nevada, according to Allstar lawyer Donald N. David.
Curry argued he couldn't pay off the debt at $75,000 a month because of his existing bills, which include $30,000 a month in household expenses at his family's White Plains home, nearly $17,000 a month in payments to various other relatives, and more than $1,000 a month in cable and satellite TV service, according to the court order. It said his wages already are garnished for more than $207,000; the order didn't explain why, and lawyers wouldn't elaborate.
Curry also suggested the vagaries of his basketball career should keep him from paying, noting his ending contract. State Supreme Court Justice Jane S. Solomon pronounced those concerns "irrelevant."
Curry has played 10 games over the past two seasons, sidelined by injuries, illness and ineffectiveness.
Much of his time off has been spent fighting legal problems. He was sued by his former limo driver, who alleged verbal abuse and sexual harassment; that case is headed for court-ordered arbitration. He also was drawn into a custody battle over his then 3-year-old son, Noah Henry, after the murder of his former girlfriend last year.
Curry also sued his former agent and business manager after a bank moved to foreclose on Curry's $3.7 million home near Chicago.
|
|
05-25-2010 11:59 AM |
|
columbiatiger1
Special Teams
Posts: 943
Joined: Feb 2008
Reputation: 69
I Root For: The Tigers
Location: Atlanta, GA
|
RE: "A Fool and his Money - The Eddie Curry Story"
Not shocking. When are people going to learn? If this guy would have just payed cash for things, he would have quickly realized early on the impacts of his ridiculous spending. That way he would only be out about around $5M since he joined the league, and wouldn't be dealing with such ridiculous Op Ex issues.
|
|
05-25-2010 01:28 PM |
|