Latrell Sprewell Is Broke
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Does Citizens Bank have to choke a bitch? Apparently so. According to an AP article on USAToday.com, Sprewell has fallen on hard times.
In Milwaukee County Circuit Court, RBS Citizens NA, or Citizens Bank, filed a foreclosure suit last week for the $405,000 home Sprewell bought in River Hills in 1994.
In court documents, the bank alleges Sprewell owes $295,138 in outstanding payments plus interest after failing to make mortgage payments of $2,593 a month from September 2007 to January 2008.
I bet that $21 million extension looks pretty good about now. In addition to the foreclosure suit, Sprewell sold his yacht at auction to help pay off the $1.3 million he owes on his oversized dingy. Next up….liquidation of every set of “Sprewells” he has in the garage. Too bad they’re so 2000.
Maybe the Suns could hook him up. I hear they’re signing old has beens. To read the rest of the article on USAToday.com, click here. In the meantime, maybe you can catch Spree at the local IHOP for free pancakes.
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February 12th, 2008 at 9:50 am
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