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He made millions in the NBA. Now Darius Miles is bankrupt.
Former East St. Louis Flyers basketball standout Darius Miles was a first-round draft pick with the Los Angeles Clippers in the 2000 NBA draft with a contract worth $9 million. He starred in a movie with Scarlett Johansson and Ryan Reynolds. He landed an endorsement with Michael Jordan’s athletic brand.
His star was rising and his financial future looked secure.
Darius Miles of East St. Louis High School shakes hands with NBA Commisioner David Stern, right, after he is drafted by the Los Angeles Clippers in the NBA draft on June 28, 2000. AP file photo AP
In June, he filed bankruptcy.
Miles is 34 now. It’s been 16 years since the 6-foot-9 forward was drafted by the L.A. Clippers right out of East St. Louis High School.
But injuries, legal problems and bad investments have left Miles asking the court to allow him to sell off his assets to pay creditors. Miles listed $460,385 in assets and $1.57 million in liabilities.
http://www.bnd.com/news/local/article102254247.html
Former East St. Louis Flyers basketball standout Darius Miles was a first-round draft pick with the Los Angeles Clippers in the 2000 NBA draft with a contract worth $9 million. He starred in a movie with Scarlett Johansson and Ryan Reynolds. He landed an endorsement with Michael Jordan’s athletic brand.
His star was rising and his financial future looked secure.
Darius Miles of East St. Louis High School shakes hands with NBA Commisioner David Stern, right, after he is drafted by the Los Angeles Clippers in the NBA draft on June 28, 2000. AP file photo AP
In June, he filed bankruptcy.
Miles is 34 now. It’s been 16 years since the 6-foot-9 forward was drafted by the L.A. Clippers right out of East St. Louis High School.
But injuries, legal problems and bad investments have left Miles asking the court to allow him to sell off his assets to pay creditors. Miles listed $460,385 in assets and $1.57 million in liabilities.
http://www.bnd.com/news/local/article102254247.html



