Former Bulls Star Curry's Home in Foreclosure

Former Bulls Star Curry's Home in Foreclosure

Published July 2, 2009

Court records show that former Chicago Bulls player Eddy Curry's suburban Chicago mansion is in foreclosure.

It's the same home where Curry was bound and robbed in 2007. He now plays for the New York Knicks.

Documents show that Curry was more than $217,000 behind on his $3.7 million mortgage as of Friday. Records reviewed by the Chicago Sun-Times show that Curry and his wife, Patrice, took the 30-year mortgage out in July 2003 to buy the home. A court filing says the Currys' initial interest rate on the home loan was 9.25 percent with a monthly payment of $28,675.

Curry is suing his onetime business manager for a "thorough accounting" of the star's finances during the last three years, the Chicago Sun-Times reports.

Curry's attorneys couldn't be reached for comment, but in court papers, the basketball player says he has asked former sports agent and business manager Lamont Carter repeatedly "for the books and records" he kept during his employment from 2005 to 2008.

"Defendant produced some of the records requested but has failed and refused ... to provide a thorough accounting and all of the records demanded," the lawsuit says.

The suit  also says that during his three years of employment, Carter handled all of Curry's financial and business affairs. Now, Curry is seeking a court order for those records to be turned over to him.

Curry's attorneys did not return calls seeking comment Tuesday.

Written by Associated Press


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