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Knicks Center Eddy Curry Ordered to Repay $1.2 Million Debt After Defaulting on Loan

By DNAinfo Staff on May 25, 2010 10:25am

Knicks center Eddy Curry was ordered by a Manhattan court on Friday to pay off a $1.2 million debt, after defaulting on a loan.
Knicks center Eddy Curry was ordered by a Manhattan court on Friday to pay off a $1.2 million debt, after defaulting on a loan.
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Getty/Nick Laham

By Olivia Scheck

DNAinfo Reporter/Producer

MANHATTAN — Knicks center Eddy Curry isn't just losing basketball games these days, he's losing court battles too.

Curry, who received a $10.5 million salary during the 2009-10 season, was ordered by a Manhattan court Monday to pay $1.2 million to a Las Vegas lender, after he defaulted on a personal loan worth more than half a million dollars, the New York Times reported. 

The basketballer's debt reportedly gathered interest as he continued to lead a life of luxury in the New York suburbs. Curry paid $17,000-a-month in rent and $6,000-a-month for a personal chef, according to the Times.

In addition to ordering Curry to repay the lender — $75,000-a-month — the court demanded that he hand over two 2009 Land Rover SUVs and a Rolls Royce Phantom convertible, the paper noted.

However, the Knicks center isn't relinquishing his wheels without a fight, the Times said. Lawyers for both sides told the paper they were working out an alternative arrangement, though they would not specify the terms of the potential deal.