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  1. #1
    Join Date
    Nov 2006
    Location
    HCA (Homecourt Advantage)
    Posts
    66,627

    Heat Buys Tim Hardaway's House To Help His Tax Trouble

    http://fwix.com/miami/share/8500a519...of_tax_trouble

    Former Miami Heat star Tim Hardaway made close to $50 million during his NBA career, but apparently that wasn't enough to keep him out of tax troubles. After a lien was placed on his house by the IRS for a $120,000 tax debt, the Miami Heat bought the mansion, according to the Detroit News. Meanwhile, Hardaway is still living in it.

    Miami Heat Limited Partnership bought the house on September 3rd, about three months after the lien was ordered. The team paid $1.985 million for the house, and is trying to sell it now for $2.5 million.

    The property features five bedrooms, five and a half baths, a pool, and a basketball court appropriately emblazoned with the Heat's logo. Apparently Hardaway is still living in the property, and refuses to say why the team bought it.

    "I can't say," Hardaway told the Detroit News. "I just don't want to say."
    "Talent wins games, but teamwork and intelligence wins championships."
    - Michael Jordan

    Thanks MJ-Bulls for the picture.

  2. #2
    Join Date
    Dec 2010
    Location
    Paradise
    Posts
    15,273
    That's what I call supporting your own.

  3. #3
    Join Date
    Nov 2009
    Posts
    15,283

    The Heat is a first class organization

  4. #4
    Join Date
    Jun 2009
    Location
    Syracuse, NY
    Posts
    26,653
    lmao. i love when athletes who were paid in millions go broke.

  5. #5
    Join Date
    Feb 2009
    Location
    Glendale, CA
    Posts
    14,895
    ^ +1

  6. #6
    Join Date
    Jul 2008
    Location
    Long Island, NY
    Posts
    4,869
    How dumb do you hafta be to blow 50 million dollars?
    https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fspecials-images.forbesimg.com%2Fdam%2Fimageserve%2Fb92ddcbe  4ca443338ded010cb573e550%2F960x0.jpg%3Ffit%3Dscale

    NYK
    NYY
    STJ
    BIG D
    NYR
    JUVE

  7. #7
    Join Date
    Jul 2006
    Posts
    3,568
    That's love right there but they're getting their money back when they sell it.

  8. #8
    Join Date
    Feb 2010
    Location
    Miami, FL
    Posts
    15,297
    Quote Originally Posted by albertc86 View Post
    That's love right there but they're getting their money back when they sell it.
    Yup, they flipped his property for a profit, which I'm sure they are keeping.

  9. #9
    Join Date
    Dec 2004
    Posts
    6,840
    Quote Originally Posted by NYY3487 View Post
    How dumb do you hafta be to blow 50 million dollars?
    http://sports.yahoo.com/nba/blog/bal...urn=nba-313303

  10. #10
    Join Date
    Feb 2009
    Posts
    10,377
    wow tim, how are u gonna blow 50 mill

  11. #11
    Join Date
    Jun 2010
    Posts
    722
    nice thing for the Heat to do but I think its so funny when NBA players go broke

  12. #12
    Join Date
    Jun 2009
    Location
    Berlin,Germany
    Posts
    1,523
    Quote Originally Posted by Kashmir13579 View Post
    lmao. i love when athletes who were paid in millions go broke.
    this


    ~The Future of the Warriors~

  13. #13
    Join Date
    May 2008
    Location
    MIAMI
    Posts
    19,638
    Quote Originally Posted by beasted86 View Post
    Yup, they flipped his property for a profit, which I'm sure they are keeping.
    Not in Miami the way the market is down here.

  14. #14
    Join Date
    Dec 2007
    Posts
    24,560
    thats very awesome thing to do for him

  15. #15
    Join Date
    Apr 2010
    Posts
    4,206
    loy-al-ty.

    also. tim hardaway is kinda rally stupid for multiple things he has done in the past like 3 years.

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