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Former NBA player Glen Rice 'almost broke'

REUTERS

After making millions over his 15-year pro basketball career, Glen Rice is running low on funds.

The three-time NBA All-Star is "almost broke," according to Miami-Dade County court records that have been publicized in a paternity suit filed against him in 2010, as reported by Jose Lambiet of The Miami Herald.

Rice, 49, was originally ordered to pay $1,500 in monthly child support for a girl he fathered with a Fort Lauderdale woman. After making a plea to the court system last year to lower the payments, though, they were decreased to $600 per month.

The installments were adjusted because Rice has little left of his roughly $67 million in basketball earnings after making some bad investments. Since retiring in 2004, he's been unemployed, with autograph signings, basketball camps, and coaching wealthy children serving as his sources of income.

"(Rice) is in dire financial straits … He has attempted to become gainfully employed in various capacities but has been unable to earn a semblance of meaningful income," the filing reads.

The 6-foot-7 small forward averaged 18.3 points, 4.4 rebounds, 2.1 assists, and a steal in 1000 NBA games split between the Miami Heat, Charlotte Hornets, Los Angeles Lakers, New York Knicks, Houston Rockets, and Los Angeles Clippers.

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