I know that a lot of people dislike Christian Laettner. I also know that a lot of people hate any and all Duke basketball players. Our next profilee played college ball with Laettner, was his teammate on the Timberwolves, and has been his business partner on numerous ventures. In fact, the duo had an agreement to buy 70% of the Memphis Grizzlies in 2006 - but failed to meet a deadline and the deal fell through. This transaction may have been a sign of what was to come, as the two Blue Devils have repeatedly been sued.
They lost a case to Scottie Pippen, who helped finance the aforementioned Grizzlies bid but never got his money back; they owe him $2.55 million.
In fact, thanks to various loans for real estate ventures they owe $30 million to Chevron, Fannie Mae, Shawne Merriman, Johnny Dawkins and others. In the case of Dawkins, now coach at Stanford, they have been threatened with jail time at least twice.
Who is Laettner's partner in crime, so to speak? Brian Davis.
Here are 12 cases against Laettner: http://dockets.justia.com/search?q=CHRISTIAN+LAETTNER
So, have any of you guys been bilked by this pair?