Bank sues Albert Haynesworth for $2.4 million

A Tennessee bank is suing Redskins defensive tackle Albert Haynesworth, alleging that he has failed to make payments on a loan.

The Knoxville News Sentinel reports that Clayton Bank & Trust sued Haynesworth in connection with missed payments on a $2.38 million loan.

The bank is asking for more than $2.4 million, which includes the amount of the loan, unpaid interest and late charges.

The bank reportedly made the loan in June of 2009, three months after Haynesworth signed a $100 million contract to leave the Titans for the Redskins. Haynesworth has already made $32 million from the Redskins.

61 responses to “Bank sues Albert Haynesworth for $2.4 million

  1. He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.

  2. He signed up for a checking account, but when they said they only do savings he decided to request to be moved to another bank.

  3. Perhaps they tried to change his interest rate on him and he’s refusing to pay until they change it back.

  4. “He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.”
    ___________
    A+, sir!

  5. T-5 years on Albert’s finances = ?
    for extra credit you may consider substituting Jamarcus for Albert.

  6. Wait maybe Snyder should by the bank and up the interest on the loan until it equals $32 million and then recoup his money that way…

  7. Fat, Lazy and Stupid is no way to go through life unless you want to be a Washington Redskin! Is there any doubt that Snyder was given all his money from his daddy. I can’t believe his other businesses were really run any better than how he destroyed the redskins through one bad decision after the next.

  8. LOL @ Tinbender. Dude makes some of the funniest comments on PFT. I look forward to the comments posted by readers more than the articles!

  9. this guy is the biggest turd EVER… I hope he dies in a fire and burns.. not from the smoke but the friggin fire

  10. Tinbender says:
    June 22, 2010 11:42 AM
    He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.
    That was good.

  11. So Haynesworth has bailed on the Titans, the Redskins, his baby-mama, and now the bank?
    Have I missed anything??????
    THIS GUY IS A WASTE OF LIFE.

  12. Tinbender says:
    June 22, 2010 11:42 AM
    He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.
    HILARIOUS

  13. He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.
    “Mr. Haynesworth signed with Clayton Bank & Trust when he was given assurances that his checks would have the ‘Peanuts Gang’ on it,” said his agent in a prepared statement. “However, none of his checks had Snoopy. How can you have ‘Peanuts’ checks with no Snoopy? Clearly, Mr. Haynesworth is only doing what is fair.”

  14. red4skins says:
    June 22, 2010 11:50 AM
    It would be better if it was 3.4 million
    —————————-
    quote of the day

  15. Maltese Raider says:
    So Haynesworth has bailed on the Titans, the Redskins, his baby-mama, and now the bank?
    Have I missed anything??????
    Don’t quote me, but he might be the guy who left the back door open at the Alamo.

  16. I won’t try to make a joke, since I can’t top Tinbender’s.
    There were numerous anecdotal stories going around the D.C. area last year, that Haynesorth’s credit cards were often declined at local establishments. Looks like this guy just doesn’t handle any of his business. Including once he knocks somebody up.

  17. The funny thing is that he has a 2 mill loan when he made 32 mill from the Redskins. I want to know who helps these guys mange their money because when you have 32 mill you should not need a 2 mill loan.

  18. Maybe his interest rate changed from 4.3 to 3.4 and he decided not to pay.
    ________________
    WELL PLAYED!

  19. Yes, this is bright. Sign a deal that gives you 100 million dollars and then go take out a loan? The even funnier part is that 90% of the amount demanded in the suit is bank fees.

  20. jesus, what a turd. he doesn’t need loans, for starters, and then doesn’t pay them?
    does he realize this doesn’t help stereotypes at all? lol

  21. Apparently he thought the bank would just give him money without expecting anything in return, just like the Redskins last year.
    This guy really sounds like a cretin.
    He’ll be broke by the time he’s forty, just like so many other athletes. Only this time, I won’t feel sorry.

  22. He could probably pay the loan off by selling some of his jewelry……I have to assume he is just a jerk when it comes to handling his business.

  23. ParkerFly says:
    June 22, 2010 11:59 AM
    I’ll never understand why these guys borrow money when they could pay cash for it.
    __________________________________
    Its pretty simple. They need interest deducitons at the end of the year since high incomes are taxed so heavily. i’m assuming this loan was for a home.

  24. He was using the money to buy a defensive lineman to take his place, but the guy didn’t report.

  25. @
    omegalh says:
    June 22, 2010 12:07 PM
    Maybe his interest rate changed from 4.3 to 3.4 and he decided not to pay.
    I understand where your comedy is trying to come into play. . . but where I come from, I’d rather have a lower interest rate on a loan. . . nice try though. . .
    Leave the comedic relief to Tinbender

  26. Tinbender and omegalh win this story.
    All I can ask is what will he do with the other 18.6 million he took from Dan Snyder this April? Maybe him and Dante Hall can send Mr Snyder a Christmas card.

  27. The reason AH needed the loan was so that he could pay his child support without anybody knowing about his stripping baby’s mama.
    Once AH stopped making his payments, she decided to tell her side of the story.
    Let this be a lesson to those who the lottery.
    Take the lump sum!

  28. “He signed up for a checking account, but when they said they only do savings he decided to request to be moved to another bank. ”
    __________________________________
    nice

  29. He’ll be broke and bankrupt someday like Antoine Walker, formerly of the Celtics is soon to be if not already…

  30. jamaltimore says:
    June 22, 2010 11:51 AM
    Fat, Lazy and Stupid is no way to go through life unless you want to be a Washington Redskin! Is there any doubt that Snyder was given all his money from his daddy. I can’t believe his other businesses were really run any better than how he destroyed the redskins through one bad decision after the next.
    _______________________
    Maybe you should stick to posting on The Baltimoron postings… Snyder is a self made millionaire. They got these things called “Wiki’s”, maybe you should read his:
    http://en.wikipedia.org/wiki/Daniel_Snyder

  31. Tinbender says:
    June 22, 2010 11:42 AM
    He was unhappy with the terms of the loan and stayed away from mandatory payments in protest.

  32. $10 million suit from baby mama.
    $2.4 million suit from bank.
    Add in strippers, pizza, and donuts and this guy will be BROKE in no time. smh

  33. In 2009 Haynesworth made $5 million in signing bonus plus $6 million in salary, yet he still needs a $2.4 million loan?
    If the Redskins want to recoup that $21 million bonus from April, good luck. My guess is Haynesworth has spent it all already.

  34. Nice job, Failbert Haynesworth.
    He may not want to play the nose, but he sure can play the A-hole.

  35. As DeAngelo Hall would say:
    “Albert gonna do what Albert is gonna do!”
    Isn’t that a DOUBLE POSITIVE?

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