Sherra Wright Home Foreclosed

NBA Widow Spends $1 Million in 10 Months

If you can remember back to 2010 when NBA player Lorenzen Wright was killed by a gunshot to the head, you will remember how tragic the entire story was for this young athlete and his family.

Wright earned over $55 million during his career and was divorced only a couple of months before his death from Sherra Robinson-Wright. After Robinson-Wright was cleared of being a suspect in the shooting, she received a check for $1 million dollars. After only 10 months that million is almost gone.

Here’s what she spent it on…

• $32,000 for a Cadillac Escalade

• $26,000 for a Lexus

• $69,000 on furniture

• $11,750 for a New York trip

• $339,000 for purchase and improvement to a new home

• $7,100 for a pool deposit

• $5,000 for lawn equipment

• $34,000 on legal fees

The money was left and supposed to go towards taking care of Wright’s six children. The mismanagement of money was brought to the attention of the Memphis courts and after an investigation a judge took the remaining money away from Robinson-Wright and gave the remainder for Lorenzen Wright’s father. The other money that the family received as death benefits from the NBA was also frozen.

When Wright died, he was paying $16,650 per month in child another $10,000 in alimony, giving his ex-wife a total of $319,000 per year.

This story is so sad for the children. Not only do they not have a father anymore, their mother is throwing away what money they do have to keep up with the Jones’.

Your Jersey Girlfriend,

Marcelle English

 

 

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Jersey Girl SportsJersey Girl Sports is a lifestyle brand dedicated to the millions of women who like to watch sports. We present sports from the female perspective--the way we see it, how we talk about it and what we have to say about it. It's sports on OUR terms. We can enjoy sports as much as any man, just with better shoes.View all posts by Jersey Girl Sports →

  1. MelanieMelanie01-30-2013

    So incredibly sad

  2. Joan DurtzJoan Durtz02-08-2013

    Typical

  3. kwhit190211kwhit19021102-08-2013

    What else is news? It seems like the kids always get the shaft!! The so called parents only think of themselves, sometimes. This lady was hell bent on pissing away 1 million bucks. She buys a $339,000.00 dollar house, just how in the heck is she going to afford all the taxes that go along with this purchase, do people ever think?? Looks like the kids will be going back to their old digs soon with a Caddy parked out front. Specking of which. What she going to do, drive 10 feet get out & drive the Lexas 10 & so on to use 2 new vehicles? What a jerk!

  4. YvgenyYvgeny02-08-2013

    The estate should get their money back. If they can freeze the money after 1,000,000 dollars were spent, they could freeze it after $1 was spent. Women are just so greedy and stupid fools, apologies to good moms.

  5. john bossjohn boss02-14-2013

    women abuse the child support system

  6. s macneills macneill02-16-2013

    what a shame guess us tax payers will add 7 more mouths to support in the future

  7. radeemradeem02-19-2013

    do the math, thats only $523,850.00. Also do all the kids live with her thats toward there comfort of life….by the way I’am a male…………leave the poor girl alone for gods sake………..not to mention most high has the final word…………..PEACE FAM

  8. My peopleMy people02-20-2013

    OK, now is the time to look back into the shooting of this young man. Maybe there is something more there. Thanks to the Judge, for saving the kids, from there Mother.I hope she never get another dime. And did they ever find out who kill this young man? If so please post it.

  9. RadeemRadeem02-20-2013

    Hey Melanie, there is nothing sad about you…:)………Again people the MOST HIGH will sort it out…….and kids will grow up and realize one way or the other………….

  10. bobby Rollinbobby Rollin02-20-2013

    That’s why states are giving kids to dads because moms now a days are just out for self. Before you comment the baby can’t drive and escalade. She needs therapy!

  11. TWizTWiz02-24-2013

    Gee, what a surprise!

  12. RayNina BrownRayNina Brown02-28-2013

    I think they shouId have never cIosed the investigation on her in the first pIace. I thought from the beginning she pIayed some roIe in his murder or she knew a whoIe Iot more than she Iead on. the poIice did not appIy enough pressure. She Iawyered up too soon. they shouId caII her in for more questioning whiIe she has no access to money and see what they get. orrrr offer her some money if she’s not guiIty she wiII sinng Iike a rock star

  13. Enough Said!Enough Said!02-28-2013

    It Ain’t Over Til God Says It’s Over. It Ain’t Over Til Justice Is Done! There’s a lot I’d like to say, but due to the circumstance of how close I am too it all, all I can say has been said.

  14. Chicago GirlChicago Girl02-28-2013

    Sounds like the NBA player could have benefitted from an estate planning attorney. Risk of mismanagement of insurance money is greatly reduced by wills and trusts. Folks (athletes, rappers, etc) have spent more on less. No need to make her out as the villian or worse the criminal.

  15. Jeff SJeff S03-03-2013

    This doesn’t seem all that bad. $11,000 on a trip to NY is excessive, but if that’s the biggest waste out of a $1 million that’s not so bad. Sounds like she mostly spent the money on a decent place to live.

    And the headline is way off. She didn’t spend close to a $1 million. Barely half.

  16. JonesJones03-06-2013

    I don’t believe it’s the “Jones” because this Jones family knows better. I wonder where that expression came from????

    It is very sad for the children because they are innocent is all this. Our prayers are with them. I am glad to know that it was true of what our parents taught us. Some people makes money and some people money makes.

    In all our ways we are to acknowledge our Creator and He will direct our paths.

  17. BarbaraEBjBarbaraEBj03-09-2013

    A person receiving a life insurance policy in her own name should be able to spend it any way she wants! It was wrong for the in laws to take it back that way and for the courts to allow them to do so. No one can tell a person what to do with the money that comes in their own name. She was used to living on quite a bit of money every year that the courts apparently ruled that he owed her, then he is killed which meant that all that money to raise her kids in the same style that they were accustomed to was gone.

    Her in laws are just bitter that they didn’t get to that money before she did. Nasty people! The kids would have inherited everything she had when she died AND they already would have inherited all that their father had when he died. The insurance policy was HERS. It was in her name and it covered all of the alimony he would have had to pay her for dumping her in the first place.

    Wrong of people to judge the dumped wives all the time. The women always come out on the losing side in public opinion and financially while the guys can get away with discarding them like yesterday’s trash!

  18. RufusVonDufusRufusVonDufus03-12-2013

    do the math, thats only $523,850.00. Also do all the kids live with her thats toward there comfort of life….by the way I’am a male…………leave the poor girl alone for gods sake………..not to mention most high has the final word…………..PEACE FAM

    Hey Melanie, there is nothing sad about you…:)………Again people the MOST HIGH will sort it out…….and kids will grow up and realize one way or the other……
    …………………………………………………………………………..
    How can you people be so stupid? Are ya’ll talking about “Dear Leader,” the little faggot in D.C.?

  19. SweetsSweets03-21-2013

    She bought a house for her and her kids! She is making sure her kids live in the highest of standards.. I dont know why people are hating so much? Jeez

  20. Thetr00thThetr00th03-23-2013

    Other than the 11k trip to New York, it sounds like she made some pretty sound investments. A fully paid for home in a decent neighborhood to raise the kids. A large enough, safe vehicle to tow them back and forth to school and after school activities. A pool for the kids to enjoy during the hot summer months. That’s precisely what I would do with 1/2 of $1M knowing that I was no longer going to get $319k per year in alimony. The real question that’s on my mind is what in the heck happened to the $55M he earned during his career??? Did he not set up a trust fund for the kids? No investments in gold or the stock market? Seriously – is the $1M life insurance all that was available? That’s not a lot of money.

  21. Tired of BSTired of BS03-29-2013

    Thanks for exposing the truth about this case. Hope your article awakens the consciences of all of those parents who are deadbeats to their kids.

  22. mattmatt03-30-2013

    @Radeem I want to punch you in the lip so f’ing bad. You ARE what is wrong with the US. I hate your funcking guts. BTW i misspelled that on purpose.

  23. mattmatt03-30-2013

    “Thanks for exposing the truth about this case. Hope your article awakens the consciences of all of those parents who are deadbeats to their kids” So f’ing tired of that expression. the state in which that man had children in saw fit to make a judgement of over $300,000/year???????? what kind of bs is this? no governing body should ever get in between family affairs in regards to setting up collections in favor of the state. The state should never valuate our potential to the upbrining of our children, WTF is wrong with this country????

  24. EdwardEdward03-31-2013

    Actually the money must have been hers. She would not have been able to negotiate the insurance check if it was made out to the kids without court supervision. Basically the court would have blocked the funds designated for the children based on their state of residence.

    I know this a blog so journalistic standards are loose but you should be careful before you smear someone’s name.

  25. JPJP08-25-2013

    A trust would have done the trick. Sad indeed…

  26. alanalan09-24-2013

    Does the guy have any other money after earning 50M??

  27. LaShunLaShun11-18-2013

    Oh how trifling & pathetic this woman must be. Almost a million dollars in 10 mos.? You’ve got to be kidding me!! She should catch a charge for blowing through those kids’ money like that. It was designated for them & I’m sure primarily to assist with their education, NOT for her to spend lavishly on material things that SHE wants!! That is about the most selfish, ludicrous & grimy thing a MOTHER can do. So sad & truly disrespectful to her children, the memory of their father, and to herself if she had sense enough to realize it!!! Someone made the comment that obviously Lorenzen meant more (financially) to her dead than alive. Regretfully, her actions clearly indicate that if indeed that is the case, she certainly didn’t hesitate to show her true intent/colors!! I feel sorry for the kids. Their mother is more motivated by spending excessively on frivolous things than the welfare, best interest & future if her children. I’m pretty sure the remainder of the money is long gone by now. I pray the children each excel both academically and/or athletically where scholarships will readily be available for them when the time comes since their mother has delusions that she is a….(in Nene Leakes’ voice), “VERY RICH BITCH”!!!! Lol

  28. DreDre12-16-2013

    That’s why I stay the F away from those heffas . It’s beyond F-ing disgusting ..

  29. Gregory DespainGregory Despain02-03-2014

    I simply want to say I am just beginner to blogging and actually liked your website. Probably I’m planning to bookmark your blog . You certainly come with very good stories. Many thanks for sharing with us your website page.

  30. Jessie JamesJessie James02-11-2014

    They should charge her with grand theft….

  31. Marc GoldenMarc Golden03-09-2014

    Yes, this sad, but the larger problem is that he was under insured for a person with such a large income and large obligations.

  32. Anna SandersAnna Sanders05-19-2014

    That is their fathers fault. Why wasn’t this money put in a trust with instructions to be saved for their college education? Too bad he is dead, but didn’t take care of business before he died to protect his children.

  33. Juan WilliamsJuan Williams05-22-2014

    I notice that only women are the ones here saying that she “spent the money wisely.” and co-signing her buffoonery. If you think she did the right thing with that money, then you 1. have bananas for brains and 2. know absolutely nothing about how to invest money. Even if she didn’t invest it and decided to live off the money, she could have lived comfortably for at least 15-20 years off of 1 millions dollars. She could have put it in a living trust and paid herself 5,000 a month (or about 1,250 a week, which is about 50,000 a year) and lived a comfortable lifestyle for the next 20 years or so but of course she had to go out and pay cash for an almost 400,000 dollar home, $60,000 on two LUXURY vehicles, $70,000 on furniture? Really? Was that really necessary. And before you bitter females start saying “oh she wanted to give her kids the best and she was used to a lavish lifestyle.” Well when the breadwinner isn’t alive anymore and he leaves you 1 Million dollars to take care of yourself and his children, doesn’t it make sense to make that money last as long as possible knowing that you don’t have a job and can’t afford to maintain that “lavish” lifestyle anymore. The taxes on the house alone can run anywhere from 10-15,000 grand a year depending on the area. Don’t even get me started on the yearly maintenance on a Cadillac AND a Lexus. $70,000 on furniture is asinine. That’s 20% of what the house actually cost just on furniture. It’s called IKEA ladies and gentlemen. She could’ve furnished that entire house, electronics and all for about $15,000 easily. Her mindset was, “This is my last big check, so let me get everything I can out of it” which is why so many lottery winners and pro athletes go broke. Now the FIRST thing she should have done was sit down with a financial adviser. 2. put a large portion of the money (about 750,000) in a high interest account and let the interest add up along with the principal or other smart low risk investments so that the kids won’t have to worry about money in the future. 3. Invest a small portion of the money(lets say $50,000) into a small business so that she doesn’t have to live off the money at all and create her own income and finally 4. put the other 200,000 in savings (rent an apartment in the meantime) and once you see how much money your business that you started is making you can use about 10-20,000 of it on a DEPOSIT on a new home that is AFFORDABLE and not just a mini-mansion that you’ll end up losing in a few years either by not being able to make mortgage payments or nor being able to pay the taxes. We as black people have to seriously learn about money.

  34. khalil jenkinskhalil jenkins05-22-2014

    Saying it was the father’s fault is crazy… Im sure he didn’t plan to be killed smh. The thing is, her means of child support died with him, and so those monthly payments are what that 1m is to cover… View will she maintain the house, cars, pool etc. And for those saying it was only half, I’m sure Uncle Sam still had to get his cut, he always does.

  35. khalil jenkinskhalil jenkins05-22-2014

    How

  36. shamekashameka05-22-2014

    I want to know why people have such high standards for how she spent a million dollars but such low standards for how he spent 55 million dollars? The fact that he did not have his estate set up to manage those funds in such a way that he would have been able to leave significantly more to his children in the event of his death and in a way that the funds could have been distributed with oversight and responsibility reflects his lack of financial savvy. So why would we expect his partner to have any more business acumen than him? I am not sure if there is more to this story than what I read above, but since I can only comment on what’s in this article, I don’t feel like there is enough information to crucify her for her financial choices. People who don’t have a million dollars spend money on expensive cars every day. She did buy a house and the only thing I actually thought was excessive was the 69k for furniture.

  37. Robert ChisolmRobert Chisolm05-22-2014

    Sounds like a typical ” Greedy Gold digger ” I want it all story! This makes me believe , that there is more to the story about this young man death! MONEY MAKES PEOPLE DO SICK & DEPRAVED THINGS!

  38. GoodGameGoodGame05-22-2014

    TRAMP!

  39. dana pdana p05-22-2014

    First of all if you aren’t from Memphis and are familiar with the ENTIRE SITUATION,shut the hell up. No one knows all that that woman endured in that marriage. She was the WIFE, NOT JUMPOFF. they had been together for years. He mistreated her for years, everyone in Memphis knew lorenzen Wright was a heaux. But he was good to his children and did lots of things for our community. That money that she got she did what she felt like she needed to do with it, she has 6 damn kids to take care of. If she wanted to go to new York and spend 12k thats her business as well.
    whoever wrote this blog should research facts before publishing some shit that isnt thoroughly researched. Almost everything about the case is public record. Folks always quick to put their mouths on stuff they have no clue about.
    And no I am not a relative, friend, or anything else of hers.

  40. TorreyTorrey05-22-2014

    1st of all if the money was supposed to be spent in a certain way it should have been in writing! (she nothing wrong) 2nd thing she is used to having nice things with her husband alive or dead(319,000 monthly), 3rd who money is it when she is taking care of the kids, LOOKS like FAMILY MONEY to me if its not in writing! Proof is in the pudding when someone dies everyone looses there minds over money when you don’t have it in writing “WILL” people! To sum it up if the courts gave her all that money how can they tell her how to spend it. I am pretty sure the kids ride in the Escalade, pretty sure they sit on the new furniture, pretty sure the pool is for the kids, oh yeah pretty sure she DIDN’T want to waste money to pay people to cut the grass and she could buy the equipment herself and cut grass, ijs keepit 100 the court fucked up if we blaming people!

    GETAWILLPEOPLE if you want money for your kids!

  41. Juan WilliamsJuan Williams05-24-2014

    People on here are ignorant saying “she can do what ever she wants to do with the money, it’s hers.” Yeah your right. She CAN do whatever she wants with the money but that’s not being responsible. Stop deflecting off the fact that she was irresponsible. Yeah it wasn’t in writing that she had to spend the money wisely, just like when your boss gives you your paycheck, it’s not in writing that you HAVE to use your paycheck to pay your rent and bills but you know what?? You do, right!! Or your’ll be homeless.

    Spending the money wisely and trying to make it last for as long as possible when you know that you won’t be getting any more is common sense. Common sense shouldn’t have to be “put in writing.”

    Lastly, yes he made $55 Million dollars over his career(after taxes lets say about 30 Million). How are you bitter women blaming him for HER blowing the money he left HER. They weren’t together anymore and he left her a MILLION DOLLARS. You don’t know what he left his kids. It wasn’t mentioned. He may have left them a trust fund that they can’t touch until they turn 18 or 21 etc. because he knew if she would have given it all to her that she would blow it all. We don’t know, so lets talk about what we DO know and what the article is about. The 1 Million…… $1 Million is plenty for her to survive for a long time. Stop making excuses for her and deflecting blame.

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