WTF??? CURRENT NBA BALLER GETS HIS MANSION FORECLOSED … AND DUDE MAKES $10M A YEAR!!!


 







July 01, 2009. In what has to be the WORST case of financial mismanagement in HISTORY, MediaTakeOut.com learned that NBA baller Eddy Curry’s Chicago mansion is in foreclosure.

Why is this so crazy??? Well because Eddy currently is under contract with the NY Knicks, where he made $10 million last season, and he’ll make $11 million next season.

Eddy Curry's multimillion-dollar mansion in southwest suburban Burr Ridge -- where the former Chicago Bulls center was bound with duct tape and robbed two summers ago -- is now in foreclosure, according to court documents filed Monday.

According to foreclosure documents, that MediaTakeOut.com got a hold of, as of Friday, Eddy was behind $217,502 on his $3.7 million mortgage. Eddy and his wife Patrice took out a 30- year $3,719,316 mortgage on the home in 2006. The interest rate on the mortgage was 9.25% and could go up as high as 15.25%.

Eddy … bruh … you need to give Suze Orman a call..

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COMMENTS:

    ugottaluvme
    All that bread and he wasting it. Shame shame shame.
      ---------------
    myspace.com/slickakajlg

    jerseysfinest
    Times are rough
      ---------------
    www.myspace.com/lightskinrob

    STLDEBONAIR
    Love you Shirell! Top ten Biiches
      ---------------
    Being Debonair is a lifestyle

    MsEgolicious
    WTF....WHERE THEY DO THAT AT?!!!!
      ---------------
    myspace.com/mslady1040

    tjtrae1
    Eddie Curry dam man get your sh*t together-
      ---------------
    Stop following and become a leader..

    donniesvip
    The mother of his child and the child were killed just a few months ago.
     

    AtownAL
    Too Badd
      ---------------
    Jus Like Wilt... I fcuk B!tchez & Ball!!

    blackexec
    Maybe he didn't want the house MTO.


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    TheIcemanCometh
    Eddie is having a bad stretch right now in his life, damn y'all!!
      ---------------
    Did you feel the temperature drop?

    lacefan
    Wow! All that money and fame and no one told him to get a financial planner!





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    KINGANEWYORKKKK
    he homo anywy
      ---------------
    "I $till charge 10 a cut......"

    I_LUV_MTO
    YAY TOP 10 MOVEN ON UP
     

    maRIDAH
    Follow me on twitter .
    twitter.com/XOXOjaneeya
     

    JUICYFRUIT09
    DAMN SHAME, WELL HE WASN'T TAKING CARE OF HIS KIDS EITHER, IT'S CALLED KARMA
      ---------------
    keep it juicy for ya!

    The_Lady
    looks like Holyfield was his financial adviser...
      ---------------
    i love u ANYWAY.....

    I_LUV_MTO
    YAY TOP 10 MOVEN ON UP
     

    South_Cracc
    Oh well. Rich people feeling dis pain to.
      ---------------
    Yeah Im So Southern

    MissSeduktiv
    Oh snap! LOL

    Hey guys can you vote for me in this competition!
    Any votes will be appreciated! <3

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    Mr_Cat
    EEEWW THATS A BIGAZZ TATTED UP GORILLA
    MY EYES IZ HURTING
      ---------------
    Clowining on them Hood Rats

    SEXY-CHRISSY40
    it happens to the best of us mto!!!!!
      ---------------
    @ ME THIS FE REAL....

    Jromeg2
    Thats because he sucks.lol. All hype comin outta college
      ---------------
    Follow me @ www.twitter.com/JromeG2

    NVDdark1
    when will people learn that just because you make millions, does not mean you need some multi-million dollar mega mansion...who the phuck needs 15 bedrooms, six kitchens, and a helicopter pad when you got a wife, two kids, and no helicopter
      ---------------
    The blacker the berry...ahhh phuck it.

    MisterMC
    THAT IS A FUNNY PIC WITH THE FAIL ACROSS IT
      ---------------
    ‘Obsessed‘ available Jul 7 iTunes

    Scentsy
    He will rebound from this situation.

    Wickless Candles!
    www.scentsy.com/sweetserenity
     

    whatwhatwhat
    Some people just walk away from property because they can't sell it. It's cheaper to just let the bank take it back. The sad part of this story is they were charging him 9% interest on a 30 year mortgage. WTF? They even have sub-prime mortgages for rich black folks. SMDHIS.
      ---------------
    My love is right smack in the socket

    vanelle22
    THATS WHAT HAPPENS WHEN YOU HAVE F*CKED UP MANAGEMENT.....PPL YALL KNOW HE DOESNT HANDLE HIS OWN MONEY THATS WHAT HE HIRED PPL FOR AND THEY TOOK HIS ASS ON A JOYRIDE.....NEXT
     

    assymetricalbanter
    There's an old saying, If you can't manage $1.00, you won't be able to manage $10 million

    http://www.assymetricalbanter.com
     

    JKidChi-town
    Question? Why would someone who can buy a house outright in cash, get a mortage? So stupid!!
      ---------------
    Follow Me@acts238

    TADEOW
    what a stupid ass nicca!!!
      ---------------
    BIT@H PLEASE......I RUN THIS!!!

    aniyaqt
    Absolutely no reason for that. HOOD NIGGAZZZ
     

    ladytee35
    He spent it on tattoo ink
      ---------------
    Same Toilet Different SH*T!

    jevinah
    just cause you got money doesn't mean you can manage it!
     

    nautysgirl
    ISN'T THIS THE DUDE WHO LOST HIS CHILD AND THE MOTHER TO MURDER RECENTLY?

    LAY OFF MTO HE'S GOING THRU SOME THANGS...
     

    MIYANNA
    IT CAN HAPPEN TO ANYONE I GUESS
      ---------------
    YEA.....I KNOW!

    GoodGirl2
    They give the wrong Nig*ga's money!
      ---------------
    Best That Ever Did It Jack!

    Angel0519
    I think they call that "piss poor planning" - congrats J... you made 1st :-)
      ---------------
    Always ~M~

    GoodGirl2
    blackchinadoll4life~ Okay I done had enough wit ya book shiitt!! Take that shiitt to Barnes and Nobel!!
      ---------------
    Best That Ever Did It Jack!

    HwangJangLee
    Spending on Tattoos
      ---------------
    Buddha Name Be Praised

    caramelprinze
    Okay what kind of idiot signs a 30 year mortgage on a 3 million dollar house, when you are making 10 million a year?! Your career ma last 10 years if you're lucky. That's insane!!!! Why not pay it in cash, or a two year deal, so that you pay 1.5 at the beginning of one year, and 1.5 at the beginning of the next. Bozo the clown describes this guy. When he retires he'll be the next broke baller.
     

    Moon
    Call Bill Cosby!

    -----

    The Europeans distorted the truth of the Israelites
    http://www.youtube.com/watch?v=VNm87xBtnpE
     

    Angel0519
    Shoulda paid cash for the house!
      ---------------
    Always ~M~

    DOLL11-ONE
    You can only sleep--eat---[EXPLETIVE]--in one room at a time.....It happens so often when these athletes come into large sums of money and poor to non existent money management skills....shyt if I was his wife...we would still have 8 million and some change left
      ---------------
    eyes are the window to your soul

    heeze
    WHAT?!?!?!
    check out
    www.SPORTSHATE.com
    where they hate on athletes and teams
     

    sweetpea1
    Sounds like he had an adjustable interest rate. I don't understand. Why didn't he get a fixed interest rate? Or better yet, why didn't he pay cash for a house instead of financing one? SMH.
     

    Theoneulovetohate
    Yes, he definitely needs to call Melanie Dobbs or Suzie Orman
      ---------------
    4 me to h8 u is 2 imply I give a damn

    CrystalGR09
    That's a damn shame people need to learn how to spend their money.
      ---------------
    Crystal love Jordans!!!

    lifegroove
    He probably spent 5 million on rims for his car!!
     

    jamdown
    skrippers

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    KickrockS07
    JKIDCHI-TOWN


    VERY GOOD POINT!
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    Supreme21
    Not a good look for you Eddie. It's one thing after another with you. It's no wonder the Knicks are looking to shop yo ass!!
     

    keepingitreal
    EDDY IS PATHETIC! Maybe if he stops making innocent babies all over the place, he would have money in his pocket.

    R.I.P- To his murdered baby AVA, and I hope he is doing right by his son NOAH!
      ---------------
    Justice for Nova & Ava...

    jade516
    THAT'S JUST PLANE OLD IRRESPONSIBLE...WELL IF HE DOESN'T CARE THAT THIS WILL REFLECT ON HIS CREDIT...WHY SHUD WE?
     

    StBernard
    LET LOOK AT FROM THIS POINT OF VIEW, HIS WIFE MIGHT NOT BE COMFORTABLE LIVING IN A HOUSE THAT HER HUSBAND WAS FOUND BEAT AND ROBBED!

    SH*T, THEY MIGHT BE AFFRAID THAT SOMEONE ELSE WILL COME UP IN THAT HOUSE AND THAT'S WHY THEY ARE LETTING IT GO!
     

    Lucy320
    I strongly suggest you view more details at ** I n t e r r a c i a l L o v i n g . c O m ** where you can find me and many handsome black and white men, where I'm waitting for my right girl.
     

    b_rich30
    suze orman is on them local channels all d time... time to flip to bruh. knicks r wack anyway
      ---------------
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    Foxy90210
    SMDH! WASTING ALL THAT MONEY! FEED THE HOMELESS!
      ---------------
    R.I.P. MJ aka KING OF POP

    BT_Style
    GET YA DAM.N STORY RIGHT MTO.
    ITS A BIG BIG REASON WHY.
    !!!!!HIS FAMILY GOT KILLED OVER THEIR!!!!!
      ---------------
    Chi-Town.... Joe

    mimi305
    MTO I wonder if any of guys have college degrees. You all are either stupid or ignorant...

    Do you know why people let their home go into foreclosure?... So they don't lose money. If he bought that house for let's say, 10mil, and now it's only worth 7mil...he'd lose or basically pay 3mil for a house he doesn't even live in. If he lets it go into foreclosure he loses nothing, he'll just have bad credit for 7 years. But what does that matter, he makes 10mil a year, he can buy everything cash.

    Tighten up MTO, go read a book every now and then instead of gossiping all damn day. holla!
      ---------------
    www.myspace.com/mimi131

    customcalendars4u2
    Isn't that also the same dude who's baby momma and
    baby were MURDERED???? I think he might be starting to realize the important things in life and that isn't FLASH!!!!! 4u2.com
      ---------------
    Michael was the greatest!

    caramelphatty
    .
    .
    .
    LOL @ Suzie Orman...
      ---------------
    PISCES!!! SEXY AND SWEET...

    MYMINDISNAAASTY
    he need to give me and my family a call
    yall seen my fathers child play movies
    my dad chucky rich like a mutha [EXPLETIVE]
      ---------------
    CHUCKY DID IT

    Karimah
    He's an ass anyway.....
     

    yessneaker
    is a moving bank!
    :) chek me out-www.yessneaker.com
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    www.yessneaker.com

    201jerseyfinest
    Answer this for me somebody.. If his house cost 3 million and he made 10 million. why in the hell does he has a mortgage??? a 30 year one at that smh... buffoonery at its best!!
      ---------------
    www.twitter.com/jerome_rome105

    J_R0C
    And your answer is! Yeah he makes 10 mil on paper but after taxes, agent fees, and all the other bills, it equals out to just about what the house cost 3 mil. And keep this in mind, there are incentives in contracts that have to be met, if not then you don't get the whole 10 mil. So your money is not guarnteed
     

    dollish
    mto he's going through a tough time find somebody else to talk about
     

    GoodScar
    Learn to manage your finances. "A fool and his money will soon part"
      ---------------
    "LONG LIVE THE KING!‘

    black55
    O WELL.....
      ---------------
    myspace.com/leah55..

    215realkop
    smh at the peeple thinkin cuz u make that much money you should payoff a house in full or car in full..im not gon even school yall about having mtgs and loans help yall credit (3f u make payments on time) ima leave that conversation alone cuz da young kids who live at home wit mommy and have no idea about credit might get confused..ha
     

    Nice_Look
    SOME PPL DONT KNOW WHAT TO DO WITH MONEY!
    Blackberry users add yo boy PIN#31ED378A
      ---------------
    twitter.com/TopNotchTone

    Contrell
    Eddie been going through sum thangs 4 da last 2 to 3 yrs. He had heart problems, his limo driver accused him of trying to have sex with him, his baby and baby mother was murdered and now this
      ---------------
    #1shooter

    tempest1
    BOY O BOY...SOME PEOPLE JUST DONT NEED THAT TYPE OF MONEY...
      ---------------
    I‘m blessed

    mzarrogance
    Take some business courses, online if you have to, when you come into that type of money!!! There's no excuse for turning all of your earnings over to a suit to 'watch, water and grow.' Then you want to government on your side when you retire and discover that you're broke.
     

    Marl0nnnn
    im sure eddie dosent give a flying fcuk about that house MTO. AS YOU GUYS SHOULD REMEMBER since you posted a story about it, his wife and baby were both murdered earlier this year. Leave him the fcuk alone.
      ---------------
    Brooklyn Born & Raised...

    uwillhateme
    [SPAM]hhhhh[SPAM]o[SPAM][SPAM]www THE FVCK DO U LOSE UR HOME IF YOU MAKING BREAD LIKE THAT!.....YOU MAKING 10 MILLION...UR HOUSE IS ONLY 3 MILLION....PAY THAT SHYT OFF! WTF! HOW HARD IS THAT! ONCE YOU PAY FOR IT YOU OWN IT! WHY THE HELL DO THEY DO THAT SHYT....I DONT GET IT.....UUUGGHHH!!!!! IM SURE HE STILL RICH THOUGH....LOL
      ---------------
    follow me-@intelligentstud- ATL wat up

    STypeJagSwag
    Peeps...it happens. Regardless of your cash flow. Ya never know how overextended folks get...bills, family obligations, medical expenses and foolish material things. I feel for bruh and his family. The grass is not always greener on the other side...no matter how much green you got!
      ---------------
    Cruise control engaged.

    Darknsexy44
    MTO is always trying to pretend that they have new sources: "MediaTakeOut.com learned". Please, MTO, you got this story off the NET
     

    uwillhateme
    lol @ dark u right...MTO good for stealin stories themselves....and these sources they always claimin they have usually be regular ol folks sendin them emails each day with some bull shyt they done heard somewhere ...i just come on to laugh..not really get any news....I GOT TO [SPAM].COM FOR THE REAL DEAL...LOL THEY SIT IN UR BUSHES TRYIN TO GET THE REAL SCOOP...
      ---------------
    follow me-@intelligentstud- ATL wat up

    imsickoftvnradio
    Just go to a nice neighborhood and buy two houses and connect them. YOu will save millions. Duh!
     

    clarkthink
    Take note Soulja Boy.....a stupid motherf**ker and his money are SOON parted!!
      ---------------
    Rest in peace Michael Jackson!!

    thatboyp
    Dude was duct taped and hogged tied in that crib by them Vice Lords. I wouldn't wanna live there too if I make make all that money and gotta sleep with a chopper in whats supposed to be a good neighborhood!!
     

    NOTLOOKINBACK
    GOT DAMN I GUESS MONEY DON'T GIVE YOU A LOWER INTEREST RATE. GIVE DIS NUCCA A FINANCIAL ADVISOR PLEAZE!
      ---------------
    CREME DE LA CREME/ THE VERY BEST

    NoElleNo2
    No- he needs to call his accountant and find out WTF is going on.
      ---------------
    And yet they remain ignorant...

    Caramel_Cutie
    Karma.
      ---------------
    Always be a lady.

    Kenny266104
    Dude is stupid with money.
     

    upabittoolate
    there are some very nice houses in burr ridge. but i don't understand why that fool didn't just pay cash instead of a mortgage. THIS is why those guys need to go to college for a year or 2.
     

    shida25
    They make blacks look ignorant and foolish! He a [EXPLETIVE] with money [EXPLETIVE] off so much money on "bling" and gucci bags for his damn wife now those [EXPLETIVE] don't got a pot to piss in they some stupid [EXPLETIVE]! Yeah I said it! They act like N I G G * S! Call them that [EXPLETIVE]! I make 27,000 a year [EXPLETIVE] peanuts and I promise one thing this bitch will never EVER be homeless!
     

    love2screw
    he spent all of it on bad pus*sy cars and tattoos.
     

    galiana55
    I strongly suggest you view details at *M y I n t e r r a c i a l M a t c h. c Om * where you can find me and many handsome black and white men, where I'm waitting for my right girl.
     

    JIZZLE305
    Eddy bruh, this has been a tough, TUFF year for U so far. U REALLY need to get it together. Go speak with Bishop TD Jakes, Bishop Eddie Long, Rev. Run or SOMEBODY cuz U DEFINITELY need someone to PRAY LONG AND HARD 4 U.

    ~BO$$~
     

    nunya_bizness
    He was robbed so probably doesn't want to stay there anymore. I'm sure its up for sale. Buying market is bad though.
     

    silky1700
    IT'S CALLED TRICKIN'
     

    MONIQUEP
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    gogetta80
    POPPN TO MANY DAM BOTTLES!
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    mynameisearl
    see what buying them stupid azz Kanye shoes will do to dumb "stuntin" azz niccas?!?!
      ---------------
    I put the ‘e‘ in ignant...

    Lucy320
    I strongly suggest you view more details at ** I n t e r r a c i a l L o v i n g . c O m ** where you can find me and many handsome black and white men, where I'm waitting for my right girl.
     

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    narcis
    He's still paying for HIS BLING BLING, you know when you arrive you got to REPRESENT Black peop...I mean dumb N*GGAS. Try investing like me, better yet like someone who has common sense!
    DAMN IS IT THAT HARD PEOPLE?!
      ---------------
    Being BLACK makes me STRONGER!!!

    mag3upt
    Thats whats with these men when it come to money they dont know how to manage it
     

    HR
    This wat happens if u give n!ggas some money
     

    Salome
    ME Too.
     

    Bunni2Gay
    Maybe he spends his money on crack lol [EXPLETIVE] that will do it !!!
      ---------------
    www.myspace.com/queeny53

    rainbowkiid
    O well *yawns*
     

    coLdwindsbLow0
    IT AINT NO JOKE, IF YOU DON'T PAY THAT NOTE, YEAH!!!
     

    galiana55
    I strongly suggest you view details at *M y I n t e r r a c i a l M a t c h. c Om * where you can find me and many handsome black and white men, where I'm waitting for my right girl.
     

    choclatdrop
    leave him alone. He's been through alot.
      ---------------
    www.myspace.com/choclatdrop

    butch31
    I heard dat Eddy...let dat shyt go...fcuk 'em!!! banks got way more money than any of us.
      ---------------
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    tayyalexis2409
    he cheap as fxck !
      ---------------
    tayy.kinq2409


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