Tag:Brian Davis
Posted on: January 6, 2011 9:25 am
Edited on: January 6, 2011 9:52 am
 

Christian Laettner owes millions to NFL star

Posted by Eric Angevine

No, you're not accidentally at our NFL blog. That indeed is Shawne Merriman, and he's tied in to the college basketball world.

If I had to make a list of people I would never, ever under any circumstances want to owe money to, NFL star Shawne "Lights Out" Merriman would probably top said list.

What does this have to do with basketball? Try this on for size:

Buffalo Bills player Shawne Merriman will get $3.7 million from two former Duke basketball stars after a federal judge ruled in his favor in a loan dispute.

A federal court judge in Maryland ordered Christian Laettner and Brian Davis to pay Merriman in December.

According to court documents Merriman said he loaned Laettner and Davis $3 million for their real estate business in 2007, but the pair failed to pay back all the money and interest as required to in 2009. Laettner and Davis claim in court documents there were problems with the agreement.

-Associated Press story in the Charlotte Observer


And here we thought foreclosure or bankruptcy might be the worst thing that could happen to someone caught on the wrong side of the real estate bubble. Turns out it could be this:



Photo: Getty Images
 
 
 
 
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