Table of Contents
- Lamar Odom, an ex-Los Angeles Lakers player has tasted fine life
- He is now starting his journey through the other bitter side of life
- The fact that he earned millions of dollars a few years ago, and now he is broke shocked many people
Lamar Odom, an ex-Los Angeles Lakers player, has tasted fine life but is now starting his journey through the other bitter side of life.
The once-glorious NBA star is nothing like he was a decade ago, at least not financially. He is in his worst financial standing.
So bad is it that details of his financial struggles went public following a lawsuit by a company acting on behalf of his landlord.
The fact that he earned millions of dollars a few years ago and now he is now broke shocked many people.
What happened. What went wrong? Did he squander his money on luxury? Did he invest wrong, or didn’t he invest at all?
Lamar Odom Financial Struggles
An eviction from a studio apartment in California revealed the ugly face of Lamar Odom financial struggle. He fell behind on his rent payment, and it accumulated to $45,000.
Official court documents by Executive Recovery Group Inc. indicated that Odom had a verbal agreement with the group that he would sublease the apartment monthly for $15,000.
Former Los Angeles Lakers player Lamar Odom. Photo/People.com
The agreement further indicated that this money was payable on the first day of the month starting December 2024.
However, he missed the first three payments. Executive Recovery Group issued him a three-day notice to settle the outstanding arrears in full.
The company moved to court after Lamar Odom failed to meet the terms of the notice. Odom was sued for the outstanding balance and association legal costs, including attorney fees, lease termination and damages.
Court documents indicated that he officially forfeited the agreement on March 17.
While he is yet to publicly comment on the lawsuit, it’s mindboggling that he couldn’t afford to pay his rent, but he had money to grace Trump’s crypto gala recently.
He posted a photo of himself looking doppelganger attending the event.
“I’m just about to pass through security and officially walk into the Trump Gala…I’m fired up,” read part of his Instagram post.
He went on with his post, colouring it with a dash of pride.
“Think about it – what meme coin has ever done this? $ODOM isn’t just a token, it’s taking the stage at a presidential gala tonight,” ended the post.
Did Lamar Odom Date Kardashian?
Ex-NBA player Lamar Odom with his ex-wife Khloe Kardashian. Photo/The Economic Times
As a dominant NBA player who helped LA Lakers win two consecutive championships in 2009 and 2010, Lamar Odom was the prize for fine women.
Among them was Khloe Kardashian whom he dated, married and later divorced.
The couple stayed together from 2009 to 2016. His drug abuse problem and appetite for women led to their breakup.
In 2015, just a year before they divorced, Odom was found unconscious at a brothel in Nevada after a brush with death following a cocaine overdose.
He had mixed a cocaine dose with other drugs, which affected him so that he passed out. He would suffer kidney failure, 12 strokes and a series of heart attacks thereafter.
He was put on a life support machine in 2016 at a hospital in Las Vegas, and it was then that Khloe Kardashian withdrew a divorce suit against Lamar Odom, saying he needed her to ‘make critical treatment decisions.’
The couple later divorced in December 2016, 11 months after Odom walked out of the hospital and made a full recovery.
Lamar Odom Drug Abuse
Former Los Angeles Lakers player Lamar Odom. Photo/caknowledge
The 45-year-old former NBA star said that his wayward ways with drugs cost him a lucrative NBA career.
He told CBS in an interview that drugs shortened his NBA career. He would have played longer than 15 years which he brushed shoulders with big names such as the late Kobe Bryant whom he played with at LA Lakers for seven years.
He later played for Dallas Mavericks and LA Clippers for a short while before moving to Spain, where he retired in 2015, having earned a cumulative $115 million from his 15-year NBA career.
He credits his sobriety to his daughter, who challenged him to live a better life free of drugs. It took months of rehabilitation to talk and walk again after his fatal overdose in 2015.
