Remember basketball player Lorenzen Wright??   In 2010, the NBA all-star was found badly decomposed in the southeast part of Memphis, Tennesee. Well, his name has popped up in the media again. Not for anything in relation to his death, but instead for an excessive amount of money his ex-wife Sherra Robinson Wright has blown.

 

According to Yahoo! Sports, of the $1 million life insurance settlement she received after Lorenzen’s death, Sherra has spent $973,000 of it.  Before he passed, the couple finalized their divorce just four months prior to his death.  In the 2009 divorce settlement, the former Mrs. Wright was granted $16,650 a month in child support for their six children, and $10,000 a month in alimony…for a total of $319,000 a year.

 

The untimely death of the NBA player apparently didn’t sit too well with Sherra.  So much so, that his family has accused the ex-wife of mismanaging money.  A recent court judement ordered a financial review of her spending habits. According to those reports, Sherra was able to blow a million dollars via the following expenses:

 

  • $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

 

 

 

 

A judge has ordered an full investigation of the living conditions and welfare of the children.  In addition, $184,000 of death benefits from the NBA is being routed to Herb Wright (Lorenzen’s father) for the care of the kids.   According to Sherra herself, she claims that the family is financially okay and have $1.4 million in assets (a new home and three investment properties in Arkansas).