Kane, Sharks being sued over unpaid loan.

[Voight]

And it's like the people looking to pile on don't follow up on those stories because there's really no information regarding the 500k thing beyond it being dropped for undisclosed reasons. When you have some information that shows actual results to this history that is relevant to the situation, I'll be glad to hear it.



I don't think it was a bank requirement but typically having the team involved lowers the interest rate. Maybe it was required for this instance, I'm not sure but I don't think it was and there are reasons to do it.

And as far as I know, there aren't cap implications to this. This is likely more common than we think.

Lets not act like Kane is some saint. Even if you want to disregard the 500K debt, there is still more than handful of other issues that involve him.

& FWIW, it is like 99% positive he settled out of court with the casino. They dont go to court unless they know they will win and they dont drop anything unless they are getting compensated. When his massive debt first came to light, I believe some LV residents on here said that as well.

 

[Nick Hansen]

Meh. Don't we all get sued every once in a while?

 

[Pinkfloyd]

Lets not act like Kane is some saint. Even if you want to disregard the 500K debt, there is still more than handful of other issues that involve him.

& FWIW, it is like 99% positive he settled out of court with the casino. They dont go to court unless they know they will win and they dont drop anything unless they are getting compensated. When his massive debt first came to light, I believe some LV residents on here said that as well.

Nobody is acting like he is some saint. Just because I have a problem with people assuming things are facts that aren't actually facts doesn't mean I think he's innocent or some saint. It's just pointing out you can't actually prove much of anything.

The second part is unsubstantiated. Banks and casinos leverage the court because they have resources individuals tend to not have. It doesn't mean they know they will win. It's why you can see their win rates decline when individuals have representation. I don't know why you think it matters what LV residents say about that sort of thing. They're not correct by default. Your assertion is also not correct by default. They lose court cases plenty in this regard.

 

[91Fedorov91]

 

[Rob]

I'm used to hearing about athletes filing for bankruptcy after their career is over.

 

[bsu]

Wow

 

[The Hanging Jowl]

So that's pretty crazy. Instead of having $10M in the banklike he should at a minimum he's -$26.8M? Good God. So there are demons in there somewhere. This goes way beyond living too large. Unless Don King was his financial manager, something is severely wrong. Dude needs some help I think. Kinda sad to be honest.

 

[MessierII]

Meh. Don't we all get sued every once in a while?

Only in america

 

[BruinsBtn]

All the people defending his finances in this thread aren't looking too sharp.

The only way I can imagine that he lost this much is gambling.

Remember all the people who got called racist for saying the stacks of money thing was a red flag???

 

[Breakers]

Called it in page 1 of this thread

that San Jose attached PDF lists over $2 million in car debt. He’s obsessed with high end vehicles.

 

[DudeWhereIsMakar]

No wonder he walks out on his tabs.

After taxes what he owes is his whole salary in San Jose.

 

[Brobust]

All the people defending his finances in this thread aren't looking too sharp.

The only way I can imagine that he lost this much is gambling.

Remember all the people who got called racist for saying the stacks of money thing was a red flag???

Nobody is defending how he handles his finances. There are some comments about how much glee there is in this thread though.

 

[JonathnTaylorTavares]

Damn. Hope he’s getting some good counseling. I can’t imagine the burden on his mental health

 

[Hierso]

Ouch

 

[DJJones]

Haha Jesus how is that even possible.

They won't let him go bankrupted though. They'll just claw back his paychecks

 

[Fatass]

So that's pretty crazy. Instead of having $10M in the banklike he should at a minimum he's -$26.8M? Good God. So there are demons in there somewhere. This goes way beyond living too large. Unless Don King was his financial manager, something is severely wrong. Dude needs some help I think. Kinda sad to be honest.

From our points of view, for sure it looks awful. But maybe Evander loves living fast, furious, and on th3 edge? Maybe he’d rather be grossly in debt, and one step from the poor house, than living safe and comfortable? Maybe this is happy living for him? Crazy to us normal people, but he might enjoy how he’s living?

 

[Sheppy]

Woof

 

[kingpest19]

All the people defending his finances in this thread aren't looking too sharp.

The only way I can imagine that he lost this much is gambling.

Remember all the people who got called racist for saying the stacks of money thing was a red flag???

I dont think it was all gambling. I imagine there has to be some pretty bad investments in there as well because that is a huge amount of debt. That's pretty much going to eat up his whole contract

 

[Avsboy]

Looks like canned soup for the next few years

 

[WillTheThrill]

No wonder he wanted to fight the Paul brothers so bad.

 

[Breakers]

No wonder he wanted to fight the Paul brothers so bad.

I mean this may sound like a joke comment.

but there seriously could be truth to it now.

 

[surixon]

Haha Jesus how is that even possible.

They won't let him go bankrupted though. They'll just claw back his paychecks

They apparently already have and he is making -91k a month. There is nothing left to claw back.

 

[thethirdhockeyman91]

lol

 

[WillTheThrill]

I mean this may sound like a joke comment.

but there seriously could be truth to it now.

Oh there’s definitely truth to it. It was almost cringy at the time, calling them out almost begging to fight them. He knows it’d come with a big pay cheque.

 

[GirardSpinorama]

What a loser.