He averaged 21.4 points a game in his last season with the team in 1997-98. So, what is Latrell Sprewell's net worth? After that season, in which the Knicks missed the playoffs for the second year in a row, Sprewell was traded to the Minnesota Timberwolves in a four-team trade involving Keith Van Horn, Glenn Robinson, and Terrell Brandon. I just want to be treated with respect by the T-Wolves front office.. Latrell Sprewell made more than $100 million during his NBA career. What is Hakeem Olajuwons net worth? He hasnt eaten since yesterday, and he wont eat another bite until I get my fair market value. The name of his mother is Latoska Field and his father's name is Pamela Sprewell. Still thinking higher of himself than the teams or coaches he negotiated with, he was never again able to agree on a salary and has not played professional ball since. Find many great new & used options and get the best deals for Latrell Sprewell New York Knicks Unsigned Hardwood Classics Driving at the best online prices at eBay! Latrell Sprewell has a net worth of $50 thousand, which he accumulated from his professional basketball career. This is Sprewell's second stint with the team, his first coming between 1998-2003. However, he refused all offers. Well, if youre ready, lets start. Latrell Sprewell won several awards and recognition in his illustrious career. Stay connected with BVM Sports: Facebook | Twitter | Instagram, {"rules": {"password": "required", "password_confirm": {"equalTo": "#registerPassword"}}}. 12.8 points, 3.2 rebounds, and 2.2 assists. He also owed the state of Wisconsin $3.5 million in back taxes. However, Sprewells retirement has been filled with as much bad PR and brushes with the law as his playing career. According to Sports Illustrated, most ex-professional athletes are broke within a few years of retirement. [11] Three months later, a Milwaukee-area home Sprewell owned went into foreclosure status. Carlesimo You May Like:Scott Hoying Boyfriend, Dating, Gay, Sexuality, Shirtless, Net Worth, Bio. He declined the extension and the Timberwolves offered him nothing more. There he remained an athletic force helping the team make it to the NBA finals the first season he was with them. Latrell Sprewell was born on September 8, 1970, in Milwaukee, Wisconsin, to his parents Latoska Field and Pamela Sprewell. His college teammates went to become popular NBA players such as Jason Caffey, James Robinson, and Robert Horry. To go from being offered $7 million to taking $1 million, that would be a slap in the face." In 1992, the Golden State Warriors selected him as the No. They still have extensive financial commitments to ex-wives, mothers of their children, family and lavish lifestyles to maintain. Sprewell is living out a season of redemption. Police investigating the allegation searched Sprewell's yacht for evidence. With three children at the time, who were between the ages of 6 and 12, he lifted his smallest child up to the podium and said: See this cute little guy? Sadly some players. He tallied 35 points and grabbed 10 rebounds in the Knicks' 78-77 Game 5 loss, and was featured on the cover of the September 1999 issue of SLAM Magazine. "I never saw pictures of myself where I had a smile on my face. Who said nothing worth having comes easy? By the time they have been retired for two years, 78 percent of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce, reported Sports Illustrated. After playing high school basketball, he played with Three Rivers Community College for two years. Latrell Fontaine Sprewell is a retired professional basketball player from the United States who played for the New York Knicks, Minnesota Timberwolves, and Golden State Warriors during his career. Interestingly enough. Many ex-jocks run into money problems when their income drops from a huge contract to a pension. 20 minutes later, Sprewell still hadnt calmed down and once again assaulted Carlesimo, punching him in the face and once again had to be pulled off his head coach. Despite his fascinating history, the Timberwolves were excited to have him as a part of the squad. Following his suspension, Sprewell went on to play for the New York Knicks and the Minnesota Timberwolves. Sounds like he was not too bright, arrogant whatever. In five years in the Big Apple, Sprewell averaged 17.9 points per game and made one All-Star Game appearance in 2001. He has played in a number of big games and has not been afraid to take big shots over his career., After his initial season in Minnesota, Sprewell put on a solid performance as a league veteran. Now, his story serves as a cautionary tale for pro athletes in every sport to be careful with their finances. After the end of the 2005 season, his career came to an unexpected end when he refused a three-year contract offer from the Timberwolves. He would eventually play a total of four seasons with the Knicks. Over the next few years, his performance improved significantly, and he played for the Western Conference All-Star team in 1994, 1995, and 1997. How Latrell Sprewell lost his millions. More than likely, he wishes that he didnt turn down all those offers to play because he definitely isnt making a million dollars with his current career. Carlesimo. One such instance cost him 68 games at the height of his career. Apparently, his firm had failed to make timely monthly payments or maintain the required insurance, and this led to Sprewell owing $1.3 million on the boat. Latrell mustered the revenue asthe NBA guard for Golden State Warriors from 1992 to 1998. He also lost $200 million when his wife sued him for physical abuse. Sprewell's 68-game suspension was the longest suspension given by the NBA until Ron Artest was suspended for the remainder of the 200405 season (including the playoffs), totaling to 86 games, due to his involvement in a brawl in Detroit. It was always negative." He then returned, after showering, and punched Carlesimo, before being dragged away by assistant coaches. Sprewell took the case to arbitration and the contract voiding was overturned, but the league did suspend him for the rest of the season without pay, which amounted to 68 games. Several websites are reporting the retired basketball star has blown through his fortune. In his rookie season, he averaged 15.4 points a game with the Warriors. As a result, he had to pay $200 million as alimony and agreed to support her and their four children through college. Choose your favorite sports and teams to follow to be able to see all of the content you want to enjoy first. He also owed the state of Wisconsin $3.5 million in back taxes. After his community college career, he went to play for two years with the University of Alabama. Its been 17 years since his retirement. [2] Sprewell lost the lawsuit. The next day, in the wake of a public uproar, the Warriors voided the remainder of his contract, which included $23.7 million over three years, and the NBA suspended him for a year. The Knicks extended his contract for another five years. a cautionary tale for up-and-coming NBA players who may get themselves into legal trouble, are stubborn in negotiations and blow through their money without a backup plan post-career. When Latrell Sprewell was named to his first All-Star team in 1994, in only his second NBA season, someone suggested to him that his days of anonymity were over. Sprewell married his long-time girlfriend, Candace Cabbil, with whom he has three children. Latrell Sprewell facts. He was later traded to the New York Knicks and then the Minnesota Timberwolves, where he received negative publicity for turning down a three-year, $21 million-contract extension, claiming it wasnt enough to take care of his family. The University of Alabamagraduate, Latrell Sprewell, is popular as the former NBA guard for the team Golden State Warriors. The 51-year-old also works as a media personality for Madison Square Garden. He and his wife, Candace Cabbil's relationship turned sour after Latrellfaced a financial crisis. I have a lot of risk here. Over the entirety of his career, he averaged 18.3 points a game. Teaming with Kevin Garnett and Sam Cassell, Sprewell helped the Timberwolves reach the 2004 Western Conference Finals, but he followed that up with a puzzling move that had a similarly puzzling explanation rejecting a three-year, $21 million contract extension because he had a "family to feed." Per The Undefeated, Sprewell immediately became a pariah in the aftermath of his confrontation with Carlesimo. He was a four-time NBA all-star after helping the Knicks reach the NBA Finals in 1999. Considering inflation as of May 2022, that same salary is equivalent in purchasing power to about $170 million when compared to inflation rates halfway into his playing career in 1999 (per U.S Bureau of Labor Statistics). While investigating facts about Latrell Sprewell Net Worth and Latrell Sprewell Now, I found out little known, but curios details like:. Court documents alleged that the former NBA star owed close to $300,000 in outstanding payments and had failed to pay his $2,593-a-month mortgage from September 2007 to January 2008. From assaulting to being insulted, the questionable decisions didnt stop there. Several days later, Gist said that Sprewell planned to wait until "teams get desperate" around the trade deadline in February, and then sign with a contending teaman eventuality that never materialized. Latrell Sprewell, a basketball player whose career ended when he refused a $21-million 3-year contract, implying that he felt it wasn't enough money to feed his children. Sprewell played 37 games and played well off the Knicks bench. Carlesimo. Written \u0026 Hosted by Brad Parker (@bpparker | Instagram)Follow us on Instagram: https://www.instagram.com/theScoreFollow us on Facebook: https://www.facebook.com/theScoreFollow us on Twitter: https://twitter.com/theScore#LatrellSpreewell #Warriors #NBA One such instance cost him 68 games at the height of his career. However, his personal antics would begin to overshadow his athletic ability. After getting a second chance in the league with the New York Knicks, Latrell Sprewell joined the Minnesota Timberwolves in 2003. All in all, Sprewell earned about $97 million during his NBA career, but much of that money was seemingly long gone as of February 2008, when Citizens Bank filed a foreclosure suit on the $405,000 home he purchased in his hometown of Milwaukee in 1994, according to a report fromESPN. As the third option behind Chris Mullin and Tim Hardaway, Sprewell averaged 15.4 points and was named to the All-Rookie Second Team. 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