Blog Entry

Report: Dez Bryant owes finance company $50K

Posted on: December 28, 2011 5:18 pm
 
BryantBy Josh Katzowitz

You might recall that Dez Bryant has had some legal trouble in the past year. He’s apparently worn his baggy pants too low at the mall and hadn’t paid off a $600,000 debt to a jeweler. It was enough to cause the Cowboys to express concern about off-the-field habits, while others, like my CBSSports.com colleague Mike Freeman. wondered about his on-field behavior.

Although Bryant said at the time of the jewelry story incident that he had a handle on his money problems, that might not be the case after all.

That’s because, according to the Boston Herald, Bryant refuses to pay off a $100,000 loan to Endurance Capital Fund, a micro-finance company based out of New York. The Herald writes that the debt is a year past due and that Bryant still owes more than $50,000.

The micro-finance company helps athletes and entertainers obtain large luxury items, and apparently, it’s unsuccessfully attempted to serve Bryant with a lawsuit in Dallas.

This from the ECF statement to Ian Rapoport of the Herald: “This was a simple transaction with a loan agreement and promissory note reviewed by Mr. Bryant’s advisors and signed by Mr. Bryant. We held up our side of the bargain, now we are simply asking that Mr. Bryant follow through with what he promised to do.

"We have reached out to everybody from Mr. Bryant’s agent to his mortgage broker to try to get this debt repaid.  Everyone acknowledges the debt, but nobody will come forward to repay it. This is a unique and disappointing experience. We have never had a client refuse to repay their debt before.”

With so many claims to Bryant’s money, you have to wonder what exactly happened to the five-year, $11.8 million contract ($8.5 million in guarantees) he signed before his rookie year.

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Comments

Since: Nov 10, 2011
Posted on: December 29, 2011 4:07 pm
 

Report: Dez Bryant owes finance company $50K

They never said they couldnt find him. They said he wasnt paying them back. It's not like in the cartoons, where they pick the guy up, turn him upsidedown and shake him until the money drops out of his pockets. Duh.



Since: Dec 29, 2011
Posted on: December 29, 2011 2:45 pm
 

Report: Dez Bryant owes finance company $50K

Ask Sam Hurd he may know where the money is....



Since: Dec 29, 2010
Posted on: December 29, 2011 1:50 pm
 

Report: Dez Bryant owes finance company $50K

One word to the finance company:  Garnishment.



Since: Dec 29, 2010
Posted on: December 29, 2011 1:48 pm
 

Report: Dez Bryant owes finance company $50K

Maybe he should trade in that "Lazy but talented" shirt for a "Rich but stealing" shirt.




Since: Dec 6, 2010
Posted on: December 29, 2011 11:59 am
 

Report: Dez Bryant owes finance company $50K

A Finance  Company to help you with large luxury purchases?  Stupid, no wonder so many athletes go broke.  Dez school time....take your signing bonus and open a checking and savings account.  The Bank will usually give you a credit card with a high balance to make your purchases with therefore you can cut out the middle man and save money.  Be mindful though the Bank is going to want to see some kind of picture ID because 99% of America wouldn't know you if you walked up to them.  99% of America would guess you were some "gangsta" with ill intentions.  Whoever is handling your finances now should know I own the title to the famous Brooklyn Bridge and I will let you have it for a mere $100,000 and pay off your outstanding loan to that NJ Finance Company.



Since: Sep 11, 2008
Posted on: December 29, 2011 9:16 am
 

Report: Dez Bryant owes finance company $50K

Dez will be one of those atheletes you read about going broke and living in the street......probably about 5 years from now when the money runs out.



Since: Aug 24, 2009
Posted on: December 28, 2011 9:43 pm
 

Report: Dez Bryant

Where o' where to find Dez Bryant? Let me think, Hmnn. What if you went to the Cowboys training facility and looked for him there? I'm thinking, during the week. Let's say between 9am and 6pm.



Since: Jun 12, 2009
Posted on: December 28, 2011 8:40 pm
 

Report: Dez Bryant owes finance company $50K

Report:  Dez Bryant is a tool.



Since: Aug 18, 2006
Posted on: December 28, 2011 7:55 pm
 

Report: Dez Bryant owes finance company $50K

Why you even entertain the idea that the finance company screwed something up is inane. Bryant is a young man with a very questionable character. He seems to think that because he's a professional athlete, he's entitled. He'll be broke and destitute by the time he's 40 if he doesn't acquire some integrity. How he can get up every morning and look himself in the mirror and actually LIKE what he sees is beyond me.



Since: Sep 25, 2009
Posted on: December 28, 2011 7:09 pm
 

Report: Dez Bryant owes finance company $50K

He's in Dallas all the time, and it's not like it's hard to serve someone. They probably screwed something up but don't want to admit it, and the courts are just throwing out their claim.


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com