Friday, June 19, 2015
Tim Duncan allegedly scammed by financial adviser
San Antonio Spurs power forward Tim Duncan was allegedly scammed out of $25 million by longtime financial adviser Charles Banks.
Bloomberg reported the 18-year veteran and future Hall of Fame big man lost more than 10 percent of his career earnings.
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Forward Jeff Green exercised his $9.2 million player option for next season with the Memphis Grizzlies.
Acquired from the Boston Celtics in a trade during the 2014-15 season, Green played in 78 games for both teams and averaged 15.0 points, 4.2 rebounds and 1.7 assists. (Editing by Frank Pingue)
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Coach Mike Budenholzer will hold a joint title of coach and team president in a shakeup of the Atlanta Hawks that includes the dismissal of general manager Danny Ferry.
Ferry has been exiled since last summer, when a racially insensitive scouting report on free agent Luol Deng put the fellow Duke alum in the crosshairs.
source: www.abs-cbnnews.com