Perhaps former Warriors guard Latrell Sprewell should have taken that $21-million contract offered to him three years ago. Yesterday his 70-foot yacht was repossessed by the federal government, for failure to keeping up on monthly payments:
Armed with an order from U.S. Magistrate Judge William E. Callahan Jr., a federal marshal seized the $1.5-million, Italian-built vessel in Manitowoc, Wisc., where it sat in storage, Milwaukee’s Journal Sentinel reported. A New York bank is claiming the yacht’s owner, a company run by Sprewell, 36, has defaulted on a mortgage loan.
The boat’s name is “Milwaukee’s Best.” Despite Sprewell’s Milwaukee upbringing, it’s still an odd name for a vessel, particularly since it also describes a crappy beer. He’s clearly not Milwaukee’s best. That honor probably goes to Hank Aaron, Robin Yount or maybe Dan Gadzuric. But whatever.
It’s almost as if Tim Hardaway and Latrell Sprewell are having a contest to see which one of their old-school Warriors jerseys we’re more ashamed to wear. Really should have opted for the Billy Owens one.
Sprewell’s yacht repossessed [Fox Sports]