This is what happens when you owe a lot of money in child support. If you don’t have the cash, you have to cough up the assets.
Former NBA superstar Larry Johnson was nearly a million bucks in the hole with one of his baby mamas — but he found a way to make her happy … hand over the keys to a house per TMZ.
Laura Tate filed docs claiming the ex-Knicks and Hornets player was way behind in child support payments — to the tune of around $900,000. She wanted the court to liquidate his assets so she could get paid, but we’ve learned Johnson hammered out a deal with her.
According to the docs he filed … Larry will hand over his $800,000 home in Orange County.
Better than going to jail, hopefully Johnson has more than one home.