Billy Donovan, Homeless On 1.7 million a Year?
According to The Big Lead, Florida coach Billy Donovan (Billy D if you’re nasty), is on the verge of having to seek out government assistance, in an attempt to save a home that he must have been smoking crack to have ever thought about purchasing in the first place.
According to HomeGuide123:
By his estimates, the place will end up costing him $30 million after all is said and done.
Donovan’s accountant Ronald Silberstein confirmed the coach’s predicament, adding that it is never a good idea to buy a $6 million piece of property on a 40-year term with no money down–no matter how many staircases the house has.
Now I’m no financial genius, but it doesn’t take Latrell Sprewell to figure out that this was a bad idea from jump street. 40-year term, 6 million, no money down. Bad, bad, bad, Billy. Jesus H. do you have zebra’s and a roller coaster in the backyard? As for seeking government help: SELL THE FREAKING HOUSE! You screwed up, you made a bad decision, now get rid of it. If you can. Maybe Tennessee coach Bruce Pearl would be interested in buying it? He’s owned Billy’s ass for the last three years anyways. Cheap shot’s rule! Especially since Urban Meyer holds the lease on Neyland Stadium, I gotta take shots where I can.
Photo from Sportsburn.com.
