Former Knicks forward arrested after owing casinos $250,000

 I just did a blog about NBA players and their struggles with finances after they're done playing. How 7 out of 10 NBA players go broke within five years of retiring. 

I also wrote about how this can be attributed to a number of factors like living beyond your means...just because you're a millionaire doesn't mean you should be throwing around cash like Jeff Bezos.

Bad investments are another attribute, bad decisions like casinos could also get you into a lot of trouble if you have a gambling addiction. I hate to lose money but I also love to win money. The last time my wife and I were at Mohegan Sun in CT, I won $600 on the first machine I played, then cashed out and walked around and watched her play. I did this despite the dude next to me yelling 'let it ride, the machine's warming up'...uh no I think I'll take option A and walk out ahead thanks.

Former Knicks forward Marcus Morris also came out ahead of the casino to the tune of $250,000. Now that is a nice pay day, unless you wrote a check to play some high roller games and the check bounces...uh oh!

See, if you gamble big and win, no big deal just pay the marker out of your winnings but if or should I say when you lose now you have a $250,000 balance. Casinos typically offer you time to pay the balance, they're not going to bash your hands with a hammer like the old days but they expect you to pay them back not run and hide allegedly. 

Morris' agent Yony Noy tried to defend him, "Just so everyone understands this is zero fraud here or whatever crap outlets have said regarding fake checks or whatever the hell. This is due to an outstanding marker with a casino.  Apparently, if you have over $1200 they can issue a warrant for your arrest. Absolute insanity!"

This guy is all over the place isn't he? First of all there isn't 'zero fraud' there's $250,000 worth. Secondly, I love how he's blaming 'crap outlets' for his boy bouncing checks. 

Under Nevada law, markers that aren't repaid can be treated as Class D felonies which can result in a 1 to 4 year prison sentence. 

The Knicks waived Morris so he doesn't have a team right now he's a free agent. Morris did earn millions of dollars throughout his NBA career but like I said earlier, that means nothing when a lot of these guys are so terrible with money. Gambling at that level and bouncing checks...that's absolute insanity.