Found November 14, 2012 on
Two years ago, I was living in an apartment with some friends who decided to get a dog. I was totally behind the decision at the time, but the dog had an unfortunate tendency to eat anything and everything including my leather wallet with $40 inside. As you might imagine, I was livid. $40 was, well, $40, and it made up an unfortunately large percentage of my net worth.Jason Terry’s net worth is considerably higher than mine will EVER be, but if his allegations against his former financial advisers are true, he lost a heck of a lot more than $40 through the advisers’ involvement in Ponzi schemes. Via Courthouse News Services:Boston Celtics guard Jason Terry claims in court that his financial advisers cost him $2.4 million by putting his money into risky investments, some of which were Ponzi schemes.Terry sued Suntrust Banks, Martin Kelly Capital Management, William C. Crafton Jr., Adam Fein, and CSI Capital Management, in Federal Court. [...][From the complaint] “Crafton specifically told plaintiff that plaintiff could, at any time, get out of the investments Crafton placed plaintiff in because he said very investment he placed plaintiff in was a very safe, liquid asset.“However, contrary to his express representations, defendant Crafton placed plaintiff in high-risk, alternative investments, which were Ponzi schemes or other fraudulent investments run, managed, controlled, operated and/or created by individuals with whom Crafton had a personal relationship, business dealings or kickback agreements. These investments were unsuitable and illiquid and Crafton had some financial interest and undisclosed relationship with each investment that was never disclosed to plaintiff.”According to the story, Terry hired Crafton when he was still in Dallas, impressed with Crafton’s roster of professional athletes. Terry wanted to invest his money conservatively, and Crafton promised to do just that. But, according to the allegations, Crafton didn’t hold up his end of the deal, and now Terry is filing suit for, well, you saw the number.It should be noted that this isn’t the first time Crafton has been accused of investing an athlete’s money in Ponzi schemes. The Courthouse News Service reported back in August that three Philadelphia Eagles and a professional women’s soccer player all claimed to have lost a considerable amount of money to Crafton, and Terry’s allegations are strikingly similar to theirs. Terry has been with Crafton since before the Eagles’ players lawsuit, but it wouldn’t be a surprise if their case brought his attention to his own.I’m far, FAR from a legal/financial expert (I mean, I work in the Wal-Mart deli when I’m not in class or writing here at Celtics Town), but Terry is a very intelligent individual, and he has a financial background, representing the Mavericks as a player rep in the latest NBA lockout. It would be foolish to speculate on a court case, but it DOES seem unlikely that a smart guy like Terry would file suit frivolously.Follow Tom on Twitter: @Tom_NBA. But don’t ask him for financial advice.
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TALKIN' 'BOUT PRACTICE
Boston Celtics guard Jason Terry has never been one to shy away from the limelight. Recently he had one of his shooting drills taped during practice. He took between ten and 13 shots from each corner, each elbow and the top of the key. In total, he put up 55 jumpers. Yes they were uncontested and yes it was during practice, but he hit 50 of them, including 13 in a row to...
According to Dan McCue of the Courthouse News Service, Jason Terry of the Boston Celtics filed a lawsuit in Federal Court against his former financial advisers alleging they lost $2.4 million of his NBA earnings in various Ponzi schemes and risky investments. The Suit specifically mentions William Crafton Jr. as Terry’s adviser, a man who [...]
I love these NOC Jason Terry is a Celtic videos. Shooting 91% from midrange is pretty incredible. Of course he didn't have a hand in his face or a defender running at him, but as we've seen in recent games, he's pretty good even with a defender on him. I don't know about you, but I'm very glad that Jason Terry is a Celtic!
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Previously on That NBA Lottery Pick, we've posted some pretty solid clips from the folks over at Network of Champions.As part of their series with Boston Celtics guard Jason Terry, they allowed Jason to show off his shooting stroke.Check out this clip where he makes 50 out of 55 straight jump shots:
Couple new Jason Terry videos by the NOC. Sorry, it took so long to post them. I was busy trying to escape a Keith Bogans head lock. 1st video the Jet shows off his parking attendant skills and then in the 2nd video he shows off his more natural mid range shooting skills.
NBA All-Star ballot is out. Five Celtics on it: Rondo & Terry at guards; KG, Green, & Pierce in frontcourt. No love for Bass.57 minutes ago via EchofonReplyRetweetFavorite@ESPNForsbergChris ForsbergSo who’s starting the “Vote Jeff Green” movement?
We thought that Rondo's streak of games with 11 or more assists per game ended with the win over the Bucks. That left him tied with John Stockton at 27 games for the most consecutive games with 11+ assists. Then, they found another assist that he wasn't credited with in the Bucks game. According to Chris Forsberg on ESPN,
Re-watching the tape, a bucket by Brandon Bass...
The NBA announced All-Star ballots for each team today, and the Celtics are well represented, with five players.
Five #Celtics on #NBA All-Star ballots: Guards - Rondo Rajon, Jason Terry. Frontcourt - Kevin Garnett, Jeff Green, Paul Pierce #CelticsTalk
— Jessica Camerato (@JCameratoNBA) November 13, 2012
I'm a little disappointed Brandon Bass was left off for Green. He has...
The Boston Celtics will get an opportunity to prove themselves against another Eastern Conference rival this week, scheduled to hit the road against the Chicago Bulls on Monday night. Although the hometown Bulls will be without their starting point guard Derrick Rose, that’s not to say they aren’t still imposing figures on the NBA betting line.
For Boston, settling into a new...
COLUMBIA, Md. — Without Rajon Rondo, the Boston Celtics were still able to generate plenty of offense from the guard positions. Leandro Barbosa started in Rondo’s place. Along with Jason Terry and Courtney Lee, Boston’s three healthy guards combined for 40 points and 11 assists. As a team, they shot better than 55% in the [...]
After every game, we’ll take stock of how each individual performance affects the player’s overall value.
Offense: Defense: Overall:
Early on, Rondo’s contribution was strictly scoring. Once again, he shot 50% from 16-23 feet. He did only shoot 3 of 9 for the game, but a couple of those shots were half way down. After finishing the...
The Celtics had a pretty good team win against an injury riddled Chicago Bulls team. This is not an indictment on the win, but how well they came together defensively. The dreaded KG swoon did not occur. When Doc took KG out of the game, the team did not fall apart.
There is also Rajon Rondo, who is starting to find players in their preferred spots, with Jason Terry being...
Only 5 games into the season it is way to early to panic about this team or jump off the bandwagon. I said this at the beginning of the season we need to wait about 20 games to really judge this team and make a judgement to weather this team is going to make a title run. The good with this Celtics team in the first 2 weeks has to start at the top with the play of PG Rajon Rondo....
Boston Celtics (5-3) @ Brooklyn Nets (4-2) 8:00 PM EST: TNT/WEEI Starters: Boston Celtics PG - Rajon Rondo / Leandro Barbosa SG – Jason Terry SF - Paul Pierce PF – Brandon Bass C – Kevin Garnett Injuries: Avery Bradley (shoulders) Rajon Rondo (sprained right ankle) Brooklyn Nets PG – Deron Williams SG – Joe Johnson SF – [...]
Boston Celtics (3-3) @ Chicago Bulls (4-2) 8:00 PM EST: CSNNE/WEEI Starters: Boston Celtics PG - Rajon Rondo SG – Jason Terry SF - Paul Pierce PF – Brandon Bass C – Kevin Garnett Injuries: Avery Bradley (shoulders) Chicago Bulls PG – Marquis Teague SG – Rip Hamilton SF – Luol Deng PF – Carlos Boozer C – [...]