Quantcast
Channel: Breaking News, Entertainment, Sports & College Life | COED
Viewing all articles
Browse latest Browse all 37839

IRS To Auction Off Darryl Strawberry’s Remaining Annuity Payments

0
0

daryl strawberry IRS

It was nearly 30 years old when the New York Mets and Darryl Strawberry agreed to a contract where some of his 1990 salary would be put into an annuity. Well, with Strawberry’s legal issues in the past several years, the IRS has had to seize the rest of the annuity. Fans can now be involved in an auction to get the nearly $1.28 million that Strawberry was supposed to get. [lead image via Harry How / Getty Images]

Strawberry was forced to give part of the deferred money to his wife as part of a divorce settlement in 2006 but never made the payments and then he filed for bankruptcy. The auction is being held on Jan. 20 in Fairview Heights, IL with the minimum bid being $550,000 according to ESPN.com and a filing on the Department of Treasury website.

The winner will receive the money in 223 monthly payments meaning that there would be a paycheck coming in every month for almost 11 years. There are surely going to be a lot of people who make an effort to win the remaining payments. The way things are going for Strawberry, he may want to go back to Springfield and play for Mr. Burns’ softball team again.


Viewing all articles
Browse latest Browse all 37839

Latest Images

Trending Articles





Latest Images