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Latrell Sprewell Facing Foreclosure

posted 30 weeks ago on Blown Mortgage

The former basketball star who was made infamous by choking coach P.J. Carlisemo faces foreclosure after failing to make five months of mortgage payments.  He's not the only star facing mortgage problems, as we've reported on MJ's (Jackson, not Jordan's) foreclosure woes. Sprewell owes about $259k on a $450k Milwaukee home.  He also had his $1.2 million yacht repoed and auctioned after failing to make his monthly payments on the boat.   This from a man who turned down a 3-year $21 million contract to voluntarily retire stating he "has a family to feed." From the ESPN story covering the Sprewell foreclosure: Former NBA star Latrell Sprewell's home is up for foreclosure and his yacht sold at auction to help pay off the $1.3 million he owes on the boat, according to court filin

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