Blog Entry

A $4 million payday for Merriman

Posted on: January 4, 2011 11:08 pm
 
S. Merriman won a $4 million judgment against two former Duke basketball players. Posted by Josh Katzowitz

At some point, you just have to hand it to Bills LB Shawne Merriman. Give that man the credit, because quite simply, the dude knows how to get paid.

He sat out most of the 2010 season, after missing much of the Chargers training camp because of a holdout and then an injury. But still, he managed to hook up with the Bills, with whom he practiced once before getting injured again. Somehow, Buffalo signed him to a two-year extension that could be worth up to $9 million.

And today, there comes word, via ESPN’s Tim Graham, that Merriman will deposit another $4 million in his bank account, courtesy of former Duke basketball stars Christian Laettner and Brian Davis.

Apparently, Merriman loaned Laettner and Davis $3 million in 2007 for a real estate venture, but two years later, they defaulted on their loan. Merriman took them to court, and now, Merriman’s representatives say a federal court has awarded Merriman $4 million.

"Shawne Merriman trusted Laettner and Davis to repay the millions they borrowed from him for their businesses," Merriman's attorney, Marc Kasowitz, said in the statement. "During the past two years, they first denied they owed the money and then made false promises they would repay Shawne. We are pleased that the federal court has vindicated Shawne's rights and is compelling Laettner and Davis to fulfill their obligations."

The lesson here, of course, is an easy one: do not bet against – or default on a loan to – Shawne Merriman. Because he will make you pay.

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Category: NFL
Comments

Since: Dec 2, 2011
Posted on: January 12, 2012 12:56 am
 

A $4 million payday for Merriman

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Since: Dec 2, 2011
Posted on: January 6, 2012 2:07 am
This comment has been removed.

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jhfgdters
Since: Dec 2, 2011
Posted on: December 9, 2011 7:29 pm
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Since: Jun 21, 2007
Posted on: January 7, 2011 7:44 am
 

A $4 million payday for Merriman

By the way, the picture of him is a scary example of life after steroids.  Man, he looks like a little kid compared to his big ol' self.  Hope the roids haven't messed up his chromosomes too much.



Since: Oct 21, 2006
Posted on: January 6, 2011 6:23 am
 

A $4 million payday for Merriman

Well done Shawne. Put the scum in their place. Good luck in Buffalo.



Since: Jul 8, 2009
Posted on: January 6, 2011 1:41 am
 

A $4 million payday for Merriman

That comment was for klm11



Since: Jul 8, 2009
Posted on: January 6, 2011 1:39 am
 

A $4 million payday for Merriman

What does have to do with Merriman's payday?



Since: Jan 5, 2011
Posted on: January 5, 2011 3:24 pm
 

A $4 million payday for Merriman

Being awarded $4 million and actually collecting $4 million are two different things. Something tells me that they didn't pay him back because they didn't have it. Now he and his attorneys get the joy of trying to enforce this judgement by seizing what ever assets those guys have left to liquidate. I hope he gets it all back, but I doubt it.



Since: Jan 5, 2011
Posted on: January 5, 2011 3:02 pm
 

A $4 million payday for Merriman

YOU KNOW I AM THE LST ERSON ON EARTH THAT WAN'T'S ANYONE TO BENIFIT FROM THE SYSTEM THAT DOE'S NOT DESERVE THEIR DUE REWARD"S, BUT IN THIS CASE IT' CUT AND DRY. THEY BORROWED THE MONEY AND TRIED TO WEASEL OUT OF IT, IF ANYONE NEEDS TO BE DISGRACED IT IT SHOLD BE THE BORROWER"S, NOT THE LOANEE. THE MAN DESERVES HIS MONEY.



Since: May 16, 2010
Posted on: January 5, 2011 2:53 pm
 

A $4 million payday for Merriman

come on merriman needs that money to learn a new dance in buffalo and some new steriods


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