Well, it looks like NCAA fans aren’t the only ones who hate Christian Laettner.
Former Duke player, Christian Laettner, who has been revered as one of the most memorable college basketball players of his time (see his 30 for 30?) might be headed to a different type of court dealing with a tougher component, money. According to the Charlotte Observer, Laettner owes creditors $14M after a series of failed business ventures. This comes months after finishing a development in Downtown Durham which sold for $187 million and Laettner being listed as a partner with Fuller St. Development who received $28 million of said settlement.
But what’s interesting about this is the people Laettner is indebted to, Carolina Panthers player, Jonathan Stewart? Below is the current list of which people/companies are seeking repayment:
▪ National Servicing & Administration, a limited liability corporation based in Minnesota, where Laettner played for the Timberwolves in the NBA: $7,321,230
▪ Ernest Sims, III, a former Detroit Lions linebacker: $1,482,730
▪ Jonathan C. Stewart, a Charlotte Panthers running back: $3,629,230
▪ Park Lane, a sports investment firm started by Andrew Kline, who played for the St. Louis Rams.: $236,193; and
▪ D&F DCU LLC: $1,382,545
With consistencies of money troubles, Laettner’s lawyers seem optimistic that the debt will be repaid,
“We are optimistic that the funds from the sale of the West Village can be used to reach a global resolution with all of Christian’s creditors,” said Hassan Zavareei, a Washington-based lawyer representing Laettner. “As such, the negotiations are ongoing.”
I guess the saying “I Hate Christian Laettner” just took on a whole new meaning.
