Eddy Curry Requested $8,000,000 Advance from Knicks
Eddy Curry asked the New york Knicks for an advance of approximately $8 million last year to offset his increasing financial debt, the Daily News has learned.
The Knicks rejected Curry’s bailout package, according to a person close to the troubled center, because the organization considered the amount excessive. The same source says that the Knicks did advance Curry approximately $2 million, which is commonplace in the NBA as long as the player is guaranteed to make double that amount on his existing contract.
Curry will earn $9.7 million this season and is scheduled to make $22 million in the last two years of his current pact.