If there was anyone in the world who could sell an entire company for one measly dollar, it’s Stephon Marbury. (TMZ)
Stephon Marbury — who once made tens of millions to ride the NY Knicks’ bench — is now in a legal battle over the sale of his company … for the grand total of $1, according to court documents.
In the lawsuit, filed Friday in L.A. County Superior Court, a woman named Thuymai K. Ung claims Marbury agreed to sell her 100% of his company — which includes a piece of property in L.A. — back in December … for the sum of one American dollar.
In the documents, Ung alleges that Marbury is now claiming that he still owns part of the company and/or the property.
I can only assume the company Marbury sold for a single dollar is the Starbury shoe company. And wouldn’t you know it – the only thing cheaper than Starbury shoes is the company that sells them.
By the way, the company is currently in forclosure. An absolute shocker — I never would have expected a company that sells sneakers for less than it costs to make them to be in forclosure.
P.S. - I wonder why he didn’t sell his company by an auction. He would have made a lot more than a dollar that way. Like, maybe seven or eight bucks?