SportsProf

(Hopefully) good sports essays and observations for good sports by a guy who tries (and can sometimes fail) to be a good sport.

Name:

Not much to tell.

Add to Technorati Favorites

Saturday, April 10, 2010

Another Former NBA Player Goes Bankrupt

Derrick Coleman is broke.

What's even more surprising is that he listed only about $1 million in assets. Coleman had a long NBA career and at times drew a salary in eight figures. How do you spend/invest yourself into a predicament where almost all of that goes away?

It's a sad, and too frequent, tale.

1 Comments:

Blogger Escort81 said...

I think he eats a great deal, and maybe he has expensive tastes.

Perhaps his pal Larry Brown will give a job (not as a player, obviously). Rumors are Brown might be headed back to Philly.

9:56 PM  

Post a Comment

<< Home