Michael Jackson is not the only celebrity facing a possible foreclosure.
Three-time National Basketball Association (NBA) All-Star, Latrell Sprewell, is in danger of losing his half-million dollar home in River Hills, Wisconsin, according to USA Today. The report indicates that the former Golden State Warrior, New York Knick and Minnesota Timberwolve has not paid his $2,593 mortgage since September 2007.
Sprewell — who played 13 seasons in the league — earned an annual salary of $14.6 million in the final year of his career.
This is not the first time Sprewell is up against foreclosure. Last summer he defaulted on a $1.5 million yacht mortgage and lost the vessel at a public auction (it sold for $865,000).
It just goes to show once again that no one is immune to foreclosure — it can happen to anyone at anytime.
(Except for maybe Bill Gates and a handful of other zillionaires.)
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