Posted on 02/25/2009 11:42:48 AM PST by Indian_Fighter_Kite
Never thought we'd see a day when a pro ballplayer might take to selling apples or asking a fan to spare a dime, but thanks to the ongoing fraud schemes those farfetched scenes could become a reality this spring.
On Monday, Phillies reliever Scott Eyre became the latest MLB player to admit he's in a bit of a financial bind, telling MLB.com's Todd Zolecki that his assets are currently frozen due to the ongoing investigation into the Stanford Financial fraud case.
Just how bad is it? Well, because of the court-ordered freeze, Eyre says he's "broke right now" and that he has "$13 in my wallet." This after the lefty signed a one-year deal worth $2 million in the offseason.
(Excerpt) Read more at sports.yahoo.com ...
Idiot.
No other word for it.
Some people truly don’t seserve to have money.
Boros is up to his eyeballs in this....I’d wager that he was getting a “finder’s fee” for directing his clients to Stanford.
There’s more to this story than being said. The guy made $10 million over 3 years with the Cubs before signing as a FA this offseason. His prior contract earned him a million a year for 3 years in SF.
I realize that players pay a lot of taxes and have other expenses but to have no liquidity?
Would be great is Borasshole gets investigated for financial BS. Hell, John Henry of the Red Sox would gladly pay the tab for the Feds.
I should think it very easy for someone with a $2M salary contract for this coming year to get a line of credit secured by the paychecks-to-come.
I was thinking the same thing. Seems a bit suspicious that many of these names are Boras clients.
I’d love to see him busted for something.
Him and Drew Rosenhaus.
Maybe he should have learned to budget his money a little better. There are people in the country right now that are being laid off that were making $50,000. This guy was making a million a year and he only has $13 in his wallet.
And that was a waste of some good money!
Isn’t there some TARP or PORKULUS money for him?
"The man who attempts to purchase the brains of his superiors to serve him, with his money replacing his judgment, ends up by becoming the victim of his inferiors. The men of intelligence desert him, but the cheats and the frauds come flocking to him, drawn by a law which he has not discovered: that no man may be smaller than his money." -- Ayn Rand, Atlas Shrugged
The Stanford and Madoff scandals have revealed very publicly that whole lot of prominent Americans were smaller than their money.
Or at least leave $100K in a slush fund that he could draw on in an emergency. Then again, if his accounts are frozen due to government actions it’s hard to say he’s a financial moron.
What we are not seeing mentioned is the Joe Biden family tie-in to the Stanford scandal.
I was watching 20/20 the other night on the Madoff scandal.
Donald Trump said people in West Palm Beach invested and lost almost all of their money with Madoff.
If these people are so smart, why did they invest it all with one person. How did they become so rich? Can’t be stupid.
I am a peon but not dumb enough to invest it ALL with one person.
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