Stephon Marbury Loses LA Home to Foreclosure
I don’t think Marbury is too concerned about this.
He is making big money in China and hasn’t shown much interest in coming back to the states anytime soon.
According to new court docs, obtained by TMZ, Stephon owed $3.1 million on the 7-bdrm 8-bath 8,000 sq. ft. L.A. property — and the house was just sold to a lucky buyer for $2.275 million.
The docs don’t say whether the bank plans to go after Marbury for the balance — or if this settles his debt.
Stephon just won a championship playing basketball for the Beijing Ducks in the Chinese Basketball Association — so it’s unclear if dude’s even aware this happened. If not, consider this a memo.