Mo Money, Mo Problems For Eddy Curry

05.25.10 8 years ago 5 Comments

Knicks center Eddy Curry defaulted on a $570,000 personal loan while keeping up a lifestyle that included a $17,000-a-month suburban New York home, a $6,000-a-month personal chef, and a dozen cars he’d bought for himself and relatives, a judge said. Friday, a Manhattan court ordered Curry to pay $75,000 a month to lender Allstar Capital Inc. to resolve a debt that swelled to $1.2 million with interest. The court also has issued an order letting Las Vegas-based Allstar seize three of the cars: a Rolls Royce Phantom convertible and two Land Rover SUVs, all 2009 models.

Curry earned $10.5 million this season and is scheduled to make $11.3 million next season in the final year of his contract. But the former No. 4 pick in the NBA Draft has been dogged by financial and legal problems in recent years.

Full Story: NY Times

Just because you make millions a year doesn’t you mean you can’t go broke.

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