What is going on these days with former NBA players going bankrupt after making millions of dollars during their career? Antoine Walker and Latrell Sprewell are two perfect examples of players who poorly managed their wealth and then today comes the news that Derrick Coleman is flat broke. DC made more than $87 million throughout his NBA career yet he has filed for bankruptcy and owes creditors close to $5 million. He supposedly has roughly a million left in assets that include some jewelry, five fur coats, a 1997 Bentley convertible and two homes in the Beverly Hills. According to Coleman’s lawyer Derrick lost most of his fortune in Detroit real estate which probably wasn’t the best place to invest.
Destitute Derrick Coleman
April 12, 2010 by
Mzaybe he should have not bought so many furs.. Cus we all know that living in Beverly Hills, CA the weather is so cold that having 5 furs is essential.
Karma is a bitch!