Ralph Medlin
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basketballreference.com says he made $61 million over his career. It takes a real stooge to lose that much money. I mean you have to put in a prime time effort to drain $61 million from your bank account.
Christian Laettner owes more than $14 million, might face bankruptcy
- Thread starter DeacDownUnder
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After paying your agent and your taxes that's down to $30 million pretty quick. Lots of people have fucked up that kind of sum.
Justicebork
The King in the North
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Yeah but white people? C'mon
Pilchard
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While a great competitor, never got the impression that Laettner was super astute. In fact, he seemed thick.
If you are going to invest millions in real estate, why trust a washed up basketball player to make the tough decisions with your cash?
If you are going to invest millions in real estate, why trust a washed up basketball player to make the tough decisions with your cash?
PhDeac
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Buddy of mine told me this weekend that 2 BR condos in Downtown Durham are going for $700,000 due to the revitalization there over the last two decades. Laettner and his people were definitely onto something even if he didn't have the ability to pull it off.
deacondamo
El Jefe
deacondamo
El Jefe
Obligatory
Pilchard
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What that really shows is how incredibly incompetent he was at developing real estate. How do you lose tens of millions of dollars developing property in a strong market? When a real estate market is thriving, literally every idiot makes really good money.