Add former NBA player Vin Baker to the long list of ex-jocks suffering financial problems. It seems impossible, a guy makes millions of dollars playing a sport, and then is broke a few years into retirement, but it happens all of the time. A New York bank recently foreclosed on a boat owned by Latrell Sprewell, and now a Connecticut bank is foreclosing on a restaurant owned by Vin Baker.
Baker’s restaurant closed recently and the bank that financed it claims it is owed close to $900,000 in unpaid loans. Also named in the suit are Baker’s parents, who apparently put $400,000 into the failed venture last spring.
Damn, even moms and pops took a loss.. I’m no doctor or anything, but Vin Baker owning a restaurant can’t be a good thing. I’m not saying an alcoholic couldn’t successfully run a business, but for a guy with the Vin’s problems, having the keys to a building full of liquor doesn’t sound like a good idea from the start.
Dribbling Away Fame In The NBA. Courtesy of The Day
Tags: Vin Baker, Latrell Sprewell, NBA, Foreclosure
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