Showing posts with label Tim Duncan Financial Adviser. Show all posts
Showing posts with label Tim Duncan Financial Adviser. Show all posts

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