Stephon Marbury Facing Financial Problems with Bank
Former New York Knicks player Stephon Marbury is facing financial problems with Wachovia bank. Marbury currently plays basketball in China, but is dealing with a loan issue dating back to his time in the NBA. Marbury borrowed $16 million from Wachovia in order to start up his company Starbury, but he has yet to pay back the bank.
Despite making $151 million during his time in the NBA, Marbury has seemed to forget above his massive loan from the bank. Just another hit to Marbury’s broken reputation in the world of basketball.