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Tip-Off Timer: 68-Game Suspension For Latrell Sprewell

Posted: Aug 20th 2009 9:00AM by Matt Steinmetz (author feed)
Filed under: Warriors

5 COMMENTS
Tip-Off Timer counts down the days until the first game of the 2009-10 season. On Thursday, there are 68 days remaining.

I remember noticing the abrasions on P.J. Carlesimo's neck as soon as I walked into the gym that day on Dec. 1, 1997. There was no way not to notice them.

"You cut yourself shaving?" I asked him. Carlesimo laughed uncomfortably but didn't offer a response. "Seriously," I said. "You use a dull razor? What happened there?"

"No comment," Carlesimo replied, which I thought was odd. Then again, it was the first moment I had an inkling something wasn't quite right that day. I didn't know it at the time, but less than an hour before Latrell Sprewell had assaulted Carlesimo and then came back and tried to do it again.
Continue Reading Tip-Off Timer: 68-Game Suspension For Latrell Sprewell

From the Archives: Sprewell Chokes Carlesimo

Posted: Aug 20th 2009 9:00AM by Matt Steinmetz (author feed)

0 COMMENTS
This is the story penned by Matt Steinmetz that ran in the Contra Costa Times on Dec. 2, 1997, the day after the Warriors' Latrell Sprewell assaulted coach P.J. Carlesimo during practice.

OAKLAND – Warriors guard Latrell Sprewell physically attacked coach P.J. Carlesimo on Monday afternoon, first choking, then throwing a punch at the coach during two separate incidents at the team's downtown training facility.

The confrontations were the latest and most serious between the three-time National Basketball Association All-Star and the first-year Warriors coach, who have been feuding since training camp began in early October.
Continue Reading From the Archives: Sprewell Chokes Carlesimo

Sprewell's Home Was Foreclosed Monday

Posted: May 12th 2008 9:00PM by Matt Watson (author feed)
Filed under: NBA Gossip, Milwaukee

471 COMMENTS
Latrell SprewellFormer NBA player Latrell Sprewell officially lost his house Monday. From the Milwaukee Journal-Sentinel:
A River Hills home belonging to former NBA star Latrell Sprewell was foreclosed on today when 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 owes $320,284. According to River Hills records, the house is assessed at $610,000 and has an estimated fair market value of $667,980. Spreewell bought the house in 1994 for $405,000.
I know the automatic reaction among fans is to point and laugh at the silly athlete who didn't know how to manage his money, but there's nothing funny about foreclosure. I'm in the process of buying a house, and over half of the houses I walked through were both empty and in a sad state of disrepair as a result of frustrated owners taking it out on their property before losing it to foreclosure, which is becoming a sad trend in my state. After awhile, it's just depressing.

Money mismanagement affects people of all stripes and income levels, and it's sad when it's entirely self-inflicted by somebody who seemingly had it all before letting it slip away. So while some may crack jokes about Spree's regrettable "I've got a family to feed" quote he made while turning down millions of dollars toward the end of his career, I've lost my sense of humor about people losing their homes. Wherever Sprewell is, I feel for him.

Charles Barkley Lost $400K on the Super Bowl

Posted: Feb 12th 2008 11:44AM by Brett Pollakoff (author feed)
Filed under: NBA Gambling, NBA Gossip

186 COMMENTS

By now we've all heard about Charles Barkley and his affinity for gambling, and if this recent interview with Jim Rome is any indication, he's still way too into this expensive hobby. Here he blames the ESPN experts for convincing him to change his bet on the Super Bowl, thus costing him "about $400,000."





You have to love how forthcoming Barkley is with information like this, but man, $400 large? I don't care who you are, that's a ridiculous amount of money, and if Charles isn't careful, it won't be long before he ends up like Latrell Sprewell.

[via The 700 Level]

UPDATE: Brooks has the audio from a radio interview last week where Charles claims he only bet $100K, not $400K as he said yesterday. So not only does Charles have issues with gambling, but he has issues with exaggeration as well. Great.Sorry, No Photos

Latrell Sprewell Is No Longer a Yacht Owner

Posted: Feb 12th 2008 11:15AM by Brett Pollakoff (author feed)
Filed under: Timberwolves, NBA Gossip, Milwaukee

22 COMMENTS


It looks like Latrell Sprewell has fallen on some hard times, at least financially. One of the funnier facts of any NBA star's personal life -- Sprewell captaining his very own yacht -- is no longer a reality, as Latrell was forced to sell the yacht at auction because he wasn't able to make the payments.

Last month, Sprewell's 70-foot yacht, named "Milwaukee's Best," was sold at auction for $856,000 to a man from Milwaukee.

It was originally worth about $1.5 million. The bank holding that mortgage, New York-based North Fork Bank, asked that it be seized to pay off $1.3 million in debt.

Sprewell's firm, LSF Marine Holdings, hadn't made its $10,322 monthly payments on time or maintained the necessary insurance on the boat, the bank said. Sprewell bought the yacht built by the Italian firm Azimut-Benetti in 2003, according to court records.

The report goes on to say that Sprewell's Milwaukee home is in foreclosure as well, and that when an attempt to contact him was made, the phone number in his name had been disconnected. That's a lot of bad things going down as a result of being broke, and the weird thing is, it didn't have to be this way.


When many in the league felt that Sprewell had some good years left in him, he basically disappeared after the 2004-05 season. He famously turned down a three year, $21M contract extension from Minnesota ("I've got my family to feed," remember?), and even after that Sam Cassell spent considerable time trying to recruit him to play for the Clippers. Only Spree knows why he gave up basketball prematurely when clearly he could have made many more millions at it, but at this point he's probably second guessing that decision.

Spree Feeds Family, Loses Yacht

Posted: Aug 22nd 2007 12:07PM by Bethlehem Shoals (author feed)
Filed under: Knicks, Timberwolves, NBA Gossip

96 COMMENTS
Some bad stuff has happened in the NBA over the last five years. But for my money, few things did as much damage as Latrell Sprewell's "I Got to Feed My Family" quote. He clocked millions per year, and yet here he expected the average fan to understand his financial plight.

Well, maybe they will now. According to the Milwauke Journal Sentinel, Sprewell has had his yacht repossessed.
[Sprewell's company], LSF Marine Holdings, hasn't made monthly payments of $10,322 on time and hasn't maintained the necessary insurance on the vessel, North Fork Bank alleges.

It wants the yacht, "Milwaukee's Best," sold to pay off the $1.3 million it says is remaining on the loan. Sprewell has guaranteed the loan personally, a contract filed with the court shows. He could not be reached for comment on the repossession.
If you recall, that's where Spree broke his hand in 2002. Reportedly, he was throwing a punch at someone who had vomited on his then-new toy. This revelation led to the Knicks' fining him $250,000, his suing the New York Post, and his eventual departure from the team. I think it's safe to say that, at this point, this boat has done Latrell more harm than good.

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