sefant77
09-27-2010, 12:31 AM
http://basketball.realgm.com/src_wiretap_archives/69294/20100927/curry_reports_to_camp_weighing_325/
This will be his last NBA paycheck without probaby playing one single minute.
And of course he is allready broke. What a waste of talent and money.
In 2005, Eddy Curry signed a $60 million, six-year contract in a sign-and-trade deal that sent him to the New York Knicks.
You'd think he'd be able to live off of that for the rest of his life.
But that's not the case. Last month it was revealed that his finances are in such dire straits that he has been unable to pay a personal loan of $570,000. The loan was taken out in 2008 and Curry agreed to pay it back with a whopping 85 percent interest rate over five months from a Las Vegas based lender. Wow.
Curry detailed some of his monthly fixed expenses that have prevented him from paying that loan in a court document: $6,000 for a personal chef, $30,000 in household expenses, $1,000+ for satellite and cable TV, $17,000 allowance for his friends and family, and previously ordered garnishment of $207,000 from his monthly paycheck.
He also has a $350,000 personal loan from Juwan Howard.
It's been a tough time for Curry. Last year, his nine-month-old daughter was murdered, along with his ex-girlfriend. He also had to deal with custody battle for his son Noah and a sexual harassment lawsuit. To top it off, his Chicago mansion went into foreclosure.
In case you were wondering, Eddie Curry is actually still in the league. Lucky for him, he's got a player option for $11.2 million next year.
On the bright side Eddy Curry isn't living out of his car or spending time in jail.
This will be his last NBA paycheck without probaby playing one single minute.
And of course he is allready broke. What a waste of talent and money.
In 2005, Eddy Curry signed a $60 million, six-year contract in a sign-and-trade deal that sent him to the New York Knicks.
You'd think he'd be able to live off of that for the rest of his life.
But that's not the case. Last month it was revealed that his finances are in such dire straits that he has been unable to pay a personal loan of $570,000. The loan was taken out in 2008 and Curry agreed to pay it back with a whopping 85 percent interest rate over five months from a Las Vegas based lender. Wow.
Curry detailed some of his monthly fixed expenses that have prevented him from paying that loan in a court document: $6,000 for a personal chef, $30,000 in household expenses, $1,000+ for satellite and cable TV, $17,000 allowance for his friends and family, and previously ordered garnishment of $207,000 from his monthly paycheck.
He also has a $350,000 personal loan from Juwan Howard.
It's been a tough time for Curry. Last year, his nine-month-old daughter was murdered, along with his ex-girlfriend. He also had to deal with custody battle for his son Noah and a sexual harassment lawsuit. To top it off, his Chicago mansion went into foreclosure.
In case you were wondering, Eddie Curry is actually still in the league. Lucky for him, he's got a player option for $11.2 million next year.
On the bright side Eddy Curry isn't living out of his car or spending time in jail.