A judge in New York has authorized a lender to seize three cars owned by the Knicks’ Eddy Curry because he’s behind in loan payments. Curry, who has played only 10 games the last two seasons, has a $60 million contract that includes an $11 million option for this season.
In addition to the cars, Supreme Court Justice Jane Solomon ordered Curry to pay $75,000 a month plus interest on his $570,000 personal loan from Allstar Capital, according to the New York Daily News.
Curry took out the loan in 2008 at 85% interest, a rate that’s legal to charge only in Nevada, according to the Daily News.
Court documents show he also has a $6,000-a-month personal chef, a Rolls-Royce and a $350,000 debt to fellow NBA player Juwan Howard. The Daily News says the documents also show Curry gives $16,000 a month to relatives.
“Mr. Curry appears to be a very, very generous man,” Allstar Capital attorney Donald David told the judge. “He appears to have taken it upon himself to support every person named Curry on the East Coast.”
