Truth & Rumors > NBA
Bank forecloses on Sprewell's house
A River Hills house belonging to former NBA star Latrell Sprewell was foreclosed on Monday after he failed to show up in court to contest the action brought by a bank that held his mortgage. The holder of the mortgage, RBS Citizens Bank, told Milwaukee County Circuit Court Judge David Hansher that Sprewell owed $320,284. According to River Hills records, the house is assessed at $610,000 and has an estimated fair market value of $667,980. Sprewell bought the house in 1994 for $405,000.
Latrell Sprewell , Lisa Blumenfeld/Getty Images
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Comments (101) Add A Comment
Bet he wishes he'd have taken that deal from Minny now.
Sports_Fan_19
Total Comments (543)
Soooooooooooooooooooooooooooooooooooo TYPICAL!
11amlin
Total Comments (105)
How is he supposed to feed his family with no house? It's the NBA fault
700 Level Lifer
Philadelphia , PA
Total Comments (937)
What happens if he gets angry at the bank for foreclosing the house?
Once he gets back in town, will he storm into their office?
If so, will he choke the banker?
- JL
Mr.Jay
San Jose , CA
Total Comments (1534)
Free Spree.
pencilneckgeek
Total Comments (256)
What a sickening mismanagement of wealth. Maybe Mark or Mike or Mook whatever his name is D'Antoni can reunite Spree and Houston for another run to the finals.
notbychoice
Total Comments (645)
I guess I always remember when he choked his coach over an issue... sad when athletes who had millions throw it away..
drj0514
Total Comments (4471)
what goes around comes around. what a loser.
sidsux
Hagerstown , IN
Total Comments (5)
Question: after making the money this idiot made, why would he have a mortgage on a $400,000 home?
Hllywd: Old…
Columbus , OH
Total Comments (7921)
How is he supposed to feed his family with no house? It's the NBA fault
700 Level Lifer | 05/13/08, 08:05 AM
Report Offensive Comment
hahahahahaha my thoughts exactly
this is me and you
Sioux Falls , SD
Total Comments (8)
Latrell in the Latrine..I smell a comeback.
50yearfan
Total Comments (8706)
This shouldn't be on Truth and Rumors...
dynamic
Total Comments (3772)
Ahhhh...feels good to know i'm not the only one in debt!
waTCH Me!
Total Comments (208)
I would feel sorry for him, but I can't...
jj730
Total Comments (9560)
amazing. almost 15 years after he bought the house, he's only paid down less than 80k of the principle. who the h--- is running his books? forget playing basketball... how about spree go back to school and get a 3rd grade education?
vewyphishy
Austin , TX
Total Comments (50)
Sports_Fan_19, my thoughts exactly. I bet he would sign a 3 years $21 million contract ina heartbeat now. The guy obviously knew nothing about money management. I have no sympathy for this idiot at all. He should have no money problems at all and has no one to blame but himself.
Jason70
Charleston, SC
Total Comments (2568)
this just in: $21 millions not enough to feed my family!!
Epitome of Poise
Katzmandu, NY
Total Comments (1806)
Sprewell for Secretary of the Treasury. NOW!
Se7en
Total Comments (14768)
guess his family eats alot. 21 mil could not cover it so why pay your mortage.
Vaughn9
Total Comments (4428)
Between Basketball players and Rappers, you'll be able to pick up a cheap used Lamborghini in a few years...The problem will be however all of the illegitimate kids with no child support...Just ask Vernon Maxwell's 9 illegitimate kids...
MNHockey
Shakopee , MN
Total Comments (19)
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