
New York Knicks baller Eddy Curry is being sued over claims that he failed to pay back a $200,000 loan that was taken out two years ago.
The company that is making the claims against Curry, Mojo Development, filed their lawsuit a few days ago at the Los Angeles County Superior Court. The buck does not at owing $200,000, though. According to court documents, the company also wants Curry to pay back an additional $25,000 for consulting fees and a whopping $136,000 in interest.
Legal problems, personal anguish and financial woes are nothing new for the beleaguered center who has faced a myriad of problems.
In 2008, Chicago trainer Basil Evelyn sued Curry for breach of an agreement to hire him. Evelyn sought $55,926 for his services in addition to $100,000 in interest, compensatory damages and loss of business and $300,000 in punitive damages.
In July of the same year, the famed urban jeweler Jacob & Company also went after Curry legally, because he failed to pay $452,687 for multiple pieces of jewelry purchased over a three-year period.
A few months later in December, big and tall clothier Casual Male sued Curry for an outstanding $47,063 debt.
Last year in January, former 24/7 chauffeur David Kuchinsky sued the 27-year-old player. The driver, who lived in Curry's basement, accused the married father of six of trying to solicit gay sex from him. He also claimed that Curry forced him to perform "humiliating tasks" outside of his driving duties. Kuchinsky, who was employed for three years by Curry, was also owed $93,000 in back wages and unpaid reimbursements. The lawsuit depicted Curry as salacious bigot.
Only two weeks after the chauffeur's allegations, Curry's ex-girlfriend Nova Henry and their 9-month-old daughter, Ava, were found murdered in their Chicago home. The couple's 3-year-old son, Henry, who was also in the home, was unharmed.
In June of last year, Curry's Chicago suburban mansion, which he purchased back in 2006, went in to foreclosure. The NBA player was behind seven months and owed $217,502 in payments on a $3.7-million mortgage.
The New York Daily News reported earlier this year that Curry earns $10.5 million per year. He pays $6,000 per month to his personal chef, $17,000 per month in rent and another $30,000 on "household expenses." He gives his parents, sister and father-in-law $16,000 per month and has seen 12 of his cars driven off by relatives.
TMZ also reported that only a few months ago, three of Curry's vehicles were repossessed for nonpayment of loans.
Just last year, Curry reportedly asked the Knicks for an $8 million advance, but he was instead given $2 million.
Curry, who gets injured far too many times, might just be one dribble away from getting benched permanently.
Can anyone say, "INTERVENTION!"
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Comments: (6)
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By: Politically Incorrect on 10/17/2010 10:52AM
$10 million a year and he'll be broke 3 years after he retires nice job homes.....
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By: jackie smurf on 10/17/2010 5:13PM
This is a sad state of affairs!
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By: Verie on 10/21/2010 10:24AM
why is it sad he is just another jackass who was blessed with MILLIONS and now he is BROKE many more too come trust and believe
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By: manndrill on 10/17/2010 8:06PM
I want to shake the hell out of very well paid pros like curry! Earning these huge sums and still won't pay his bills. If all this is true which i hope isn't! he will be another poster boy biting the dust and adding to the list of black athletes who be filing bankruptcy when going broke, thank god they are only a small percentage of black athletes who spends on materialistic things that turn obsolete by the time it leaves the store. These people fail to pay their taxes and other important bills and all these bill come down on their azzes all at once leaving the goverment selling their homes and everything of value at a pittance of the prices it was brought at. Now their shell shock azzes wonder was all that high living and partying worth it now that it's to late.
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By: Marion on 10/18/2010 2:52AM
Once again a Black athlete,making millions is about to be forced into bankruptcy. Eddie Curry is
the latest example of "livin large and regretting it later". What is wrong with some of these athletes? I understand wanting a better place to
live,better clothes,a nice ride,but do you have to go "mega" on everything?
It's apparent to me that these athletes were never
taught the difference between I need and I want,and
there is a different.
Just because you can afford it,doesn't mean you need it. These guys get caught up in that "status
symbol" way of life. Can't be caught riding in a $20.000 car,it must be worth at least $50,000 or more. Can't buy a nice suit off the rack,even big and tall,no it has to be custom made. Says who? Your entourage. Yes,those people,relatives or friends,who have no visible means of support,
are always "between" jobs and tell you how you
should spend the money you've earned. Suddenly,
you have a payroll. Thousands of dollars a month
are being "charged to the athletes' account,some
made by him and some by people close to him,with or
without his knowledge.As an old saying goes you give a dance,you gotta pay the piper.It seems that
time,to pay,has come for Eddie Curry.Unfortu-
nately,he won't be the last.
As for Eddie Curry,he needs to get all his legal
woes dealt with,and then sit down with a good
financial planner and hopefully learn you don't
need everything you want.
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By: Thed on 10/18/2010 1:59PM
You can take the boy out of the ghetto but not the ghetto out of the boy. These very talented and wealthy athletes have no idea how lucky they are financially and they have no concept of money. The thing that chapps my behind is I will end up supporting him and many like him. Too bad.
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