Darius Miles, earner of more than $60 million in his NBA career, is broke
Darius Miles, the massive NBA draft bust of the Los Angeles Clippers who made over $60 million in his NBA career, has reportedly filed for bankruptcy which makes him just another name in a long line of former NBA players to have gone broke. Most known for celebrating feats of greatness with Clippers teammate Quentin Richardson via bumping his forehead with his hands and an esteemed acting career that included roles in “The Perfect Score” and “Van Wilder,” Miles hasn’t played since a brief stint with the Memphis Grizzlies in 2008–09. Miles was last in the news after being arrested for carrying a loaded handgun in an airport in 2011 because of course he did.
Here’s the bankruptcy rundown courtesy of Yahoo Sports:
“Miles listed $460,385 in assets and $1.57 million in liabilities.
“Miles listed a $20,000 child support debt in his bankruptcy. He lost more than $100,000 in 2008 in a California real estate deal. Another real estate deal — with fellow investors former NFL Rams player Marshall Faulk and rapper Nelly — was mired in lawsuits over a Laclede’s Landing property. Newspaper stories wrote about Miles rewarding himself with diamond jewelry.”
“Miles listed a $282,041 debt to the Internal Revenue Service. He also said that most of his debts aren’t consumer debts, but business debts. Miles owns a single-family home in Belleville with a value of $241,000. His car is a 2011 Chevrolet Camaro, valued at $20,000.
“In addition to his Belleville home, he listed 12 other properties he owns, all in East St. Louis. He has a Deutsche Bank account with $49,000 and his son’s college fund with $84,900. He also listed ownership of various collectibles with unknown value, including trophies and signed jerseys, and jewelry.”
“Miles and his bankruptcy attorney, Robert Eggmann, declined to comment when contacted this week.”
The №3 overall pick out of East St. Louis Senior High School in the 2000 NBA Draft, Miles became the highest paid player ever to be drafted straight out of high school. He teamed up with Quentin Richardson, Corey Maggette, Lamar Odom, and Elton Brand on the pretty terrible, but always entertaining early 2000s Clippers in which games generally looked something like this:
After two seasons in L.A., Miles was traded to the Cleveland where he was a key member of the Cavs tank job for LeBron and then shipped off to Portland in 2003 which is considered to be the height of the “Jailblazers” era. Head coach Maurice Cheeks and Miles didn’t get along all too well there. Miles was suspended during the 2004–05 season after calling Cheeks a “racial slur” and later told Cheeks that he “didn’t care if the Blazers lost the next 20 games because Cheeks was going to be fired anyways.” The following season, Miles would severely injure his knee which basically ended his disappointment of a NBA career. He did return briefly though to play with the Grizzlies in 2008–09.
Miles’ greatest career accomplishments may have actually come off the court as he starred in “The Perfect Score” alongside Scarlett Johannson. The movie was supposedly Miles’ real-life parallel of a high school basketball star’s attempts to achieve a high enough SAT score to attend St. John’s although he would have been better off just having John Calipari taking the test for him. It received a 5.7 out of 10 on IMDB which is actually way higher than I expected. His greatest cinematic venture though may have been starring alongside Quentin Richardson and Michael Olowkandi in “National Lampoon’s Van Wilder.”
It’s too bad that Miles was unable to hang on to his career earnings, but remember … the government can take away his cars and they can take away his house, but they cannot takeaway the memories. Never forget Darius Miles.