Kukla's Korner Hockey

Kukla's Korner Hockey

Jack Johnson Suing His Business Manager

09/24/2014 at 8:10am EDT

from the Courthouse News Service,

NHL star Jack Johnson III sued his business manager and real estate broker, claiming they duped his mother into taking out loans that used his $30 million player contract as security.

Johnson sued National Mortgage Resources (NMR), its owner Steve Miller, and CYA Sports Management on Monday in Superior Court....

"This case arises from a course of egregious, unethical and wrongful conduct by defendant CYA, who served as Johnson's business manager, and defendant NMR and its principal, defendant Miller, who acted as real estate broker and co-lender in a systematic, deliberate and predatory lending scheme - both individually and collaboratively - to line their own pockets the expense of Johnson," the 33-page complaint states.

Johnson claims that Miller "preyed" upon him and his mother when Miller found out they had little experience in financial planning.

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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