No, I hadn't heard that. Thanks for the story. SO I guess when Ty is fired next season, we shouldn't expect PJ to be on the short list of replacements.
Wow.. you're still holding on to that hope?
No, I hadn't heard that. Thanks for the story. SO I guess when Ty is fired next season, we shouldn't expect PJ to be on the short list of replacements.
I read somewhere that Luther Wright signed away all rights to that money and his mom or some relative will collect on it. What a dummy...Jazz will be paying Luther Wright a hundred something thousand a year until 2019 (I think).
Probably for a mess of pottage.I read somewhere that Luther Wright signed away all rights to that money and his mom or some relative will collect on it. What a dummy...
Jazz will be paying Luther Wright a hundred something thousand a year until 2019 (I think).
153k for 25 yrs. is what Wiki says:
https://en.wikipedia.org/wiki/Luther_Wright
I didn't know this story, so thanks for sharing.
153k for 25 yrs. is what Wiki says:
https://en.wikipedia.org/wiki/Luther_Wright
I didn't know this story, so thanks for sharing.
I remember reading an article that said his mom got control of the annuity and essentially either cashed it in (like at one of the JG Wentworth type places) or used it as collateral for something and it's gone now. A shame.
When the Jazz cut him in 1994, DiFazio, converted his five-year, $5 million contract into an annuity that would pay Wright $158,000 for the next 25 years. But Wright's mother, Mae, had gained control over the annuity when Wright was mentally unstable, he says. She used it as collateral for a large loan. Payments on that loan ate up much of the money.
Wright won't say how she spent the money. He refuses to allow access to his mother, whose health, he says, is deteriorating.
Most of the rest of the money went to child support payments to four children Wright supposedly fathered with four different women, leaving just a small piece — he won't say how much — for Wright himself.