Former NBA Star Dennis Rodman Owes $800,000 in Child + Spousal Support
Fri, 30 Mar 2012 10:43:55
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Los Angeles Times reports that former baller Dennis Rodman owes over $800,000 in child and spousal support to his third wife, Michelle Rodman, who filed for divorce back in 2004. He has until May 29 to make payments or he is staring down 20 days in jail.
The flamboyant former power forward of the NBA also has serious tax issues. Rodman, 50, cashed out his NBA pension in order to pay California taxes, and still owes close to $350,000 in back taxes to the state. Yikes. That's a monetary mess.
His financial advisor, Peggy Williams, say the court's May 29 deadline just isn't realistic, since Rodman has major financial concerns and is an alcoholic. "His sickness impacts his ability to get work," Williams told the paper. She said, "This case...has put him on a binge that I have never seen before."
Sorry to hear it, Dennis.
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