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JesseDark
Posts: 22819 Alba Posts: 0 Joined: 9/9/2003 Member: #467 |
4/12/2010 9:02 AM
http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Derrick-Coleman-is-almost-5-million-in-debt?urn=nba,233379]
It's not a good time to be a hyper-skilled forward who never really made the most of their considerable talent. First, it was Antoine Walker(notes), his casino debts, and a short stint in Puerto Rico. Now, it's Derrick Coleman, failed business investments, and fur coats. According to the Wall Street Journal's Bankruptcy Beat, Coleman has filed for bankruptcy and owes creditors $4.7 million, most of which he lost in failed attempts to stimulate Detroit's struggling local economy. His lawyer Mark B. Berke explained the reasons for Coleman's financial struggles. "Mr. Coleman was focused on investing in various communities throughout the city of Detroit by developing real estate, creating jobs and revitalizing business opportunities," Berke said. "Due to the state of the economy, including the decline in the real estate market, Mr. Coleman's investments could not be sustained." Bring back dee-fense
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nyk4ever
Posts: 41010 Alba Posts: 12 Joined: 1/12/2005 Member: #848 USA |
4/12/2010 9:03 AM
wooptie damn do
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
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SupremeCommander
Posts: 34071 Alba Posts: 35 Joined: 4/28/2006 Member: #1127 |
4/12/2010 9:25 AM
I, for one, am completely surprised
DLeethal wrote:
Lol Rick needs a safe space
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iSergio
Posts: 21499 Alba Posts: 0 Joined: 1/13/2010 Member: #3043 USA |
4/12/2010 9:28 AM
Just imagine where Stephen Marbury will be in 5 years. LOL
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