Another arrest warrant was issued in Cook County (Ill.) court for Eddy Curry, who once again failed to complete his responsibility in paying the remaining $100,000 in a $660,000 agreement from a prior civil suit. Authorities expect Curry to turn himself in, but if he doesn't, he will be arrested.
The Chicago Sun-Times has the story here. There was a previous arrest warrant for Curry in late June, which was rescinded when Curry's Chicago-based legal team worked out a payment schedule for the rest of the money Curry owed in the settlement, which was the result of a civil suit from 2001.
Curry had been working out at the MSG Training Center in Westchester from April through late June. He was expected to go to Las Vegas earlier this month to work out with other Knicks veterans during the NBA Summer League, but he failed to show. Curry spoke with Donnie Walsh about the incident and explained his absence, which had to do with the fact that he was at his offseason home in Chicago where his wife gave birth to their couple's fourth child, a boy, on July 16. Curry told Walsh he would be back at the MSG Training Center later this summer to resume his workout schedule.
But Curry, who has appeared in just 10 games in the last two years because of injury and conditioning problems, clearly has more off-the-court issues to resolve before he can fully concentrate on reviving his career as he heads into the final year of his contract. The 27-year-old center is in a desperate financial state that has been well-documented (more info can be found here, too) and continues to get worse.
Kelly Saindon, Curry's lawyer, could not be immediately reached for comment, but the Sun-Times reported court records show Saindon's firm has attempted to withdraw because, "Defendant has continuously failed to pay invoices. Without his cooperation and payment of invoices, the firm cannot represent defendant in this matter."
A source with direct knowledge of the situation told Newsday, Curry received 50 percent of his $11.2M salary for the 2010-11 season on July 1. So the fact that he hasn't paid legal fees of the $100,000 remaining in a nine-year-old civil suit is curious. He'll get the remaining 50 percent in the usual bi-weekly form that players are paid, from Nov. 15 to May 1.
Along with the money owed on the civil suit and to his lawyer and his house going into foreclosure, Curry also reportedly defaulted on a $570,000 personal loan he took out on Feb. 2008 through a Nevada-based lender (which grew to $1.2M with a ridiculous 85 percent interest rate) and owes $350,000 to fellow NBAer Juwan Howard from another personal loan.