Greg M. Cooper –– USA Today Sports

Friday’s Mashup: Kevin Garnett suing his accountant, alleging firm stole $77 million of his money

Lucy Burdge
September 07, 2018 - 6:51 am

Welcome to Friday’s Morning Mashup. For the latest news, start at our WEEI.com home page or click here for the top stories from our news wire.

FRIDAY’S BROADCAST HIGHLIGHTS:
MLB: Chicago Cubs at Washington, 7 p.m. (MLB Network)
MLB: Houston at Boston, 7:10 p.m. (WEEI-FM 93.7, NESN)

AROUND THE WEB:

-- Kevin Garnett is suing his accountant and his firm, alleging they helped steal $77 million of his money.

In his lawsuit, Garnett claims Michael Wertheim and Welenken CPAs helped Charles Banks IV defraud him through shared businesses.

“Banks intentionally and continuously looted Garnett of his earnings and assets for many years, including the many years that Welenken and Wertheim provided accounting services to Garnett and his business interests,” the lawsuit states.

It also says Wertheim “possessed actual knowledge” that Banks stole money from Garnett and “did nothing about it.”

The lawsuit, which was originally filed in Hennepin County District Court and was moved to U.S. District Court in Minneapolis on Wednesday, also said Wertheim "worked in concert" with Banks to put Garnett on an allowance and set budgets for Garnett to follow claiming finances were tight.

The former Celtic retired in 2016 as the highest-paid player in NBA history, having earned $326 million over his career.

-- Former Browns linebacker Mychal Kendricks pled guilty to insider trading on Thursday and now faces up to 25 years in prison.

When the judge asked Kendricks why he pled guilty, Kendricks said, "I'm making the decision because it's the right thing to do. I know that I made the decision to accept information, secret information, and it wasn't the right thing to do.''

The Browns cut Kendricks after he was indicted last week. His sentencing is set for December.

Kendricks had signed a one-year contract with the Browns in June after helping the Eagles beat the Patriots in the Super Bowl last season.

Prosecutors claim his co-defendant, Damilare Sonoiki, was paid $10,000 in kickbacks from 2014 to 2015 in the scheme and was given perks that included tickets to Eagles games.

QUOTE OF THE DAY: “I think the Patriots are entering one of the most difficult years since Tom Brady began starting at quarterback for them. Having said that, I picked them to get to the Super Bowl, but I still don’t know for instance, are they going to add a receiver before the trading deadline? I think even when [Julian] Edelman comes back, unless Phillip Dorsett is a lot different than the player he was last year — I think he will be better, but how good will he be? I don’t know.” -- Peter King, with D&K, on the Patriots

 

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