Former Trail Blazer Cliff Robinson enjoyed a long and lucrative NBA career. A 6'10" forward who starred at the University of Connecticut, Robinson joined the Blazers in 1989 as a second round pick. He became an NBA All-Star in 1994 when he averaged more than 21 points per game. Robinson would play eight seasons for the Blazers and total of 18 seasons in the NBA. He retired in 2007, having scored just shy of 20,000 points.
That's the good news. The bad news is that despite having earned more than $62 million in salary during his career, Robinson declared bankruptcy in 2009. And next month, his 5,900-square-foot home in Hillsboro, which sits on 16 acres and has a pool, tennis court and guest house, will be auctioned [PDF] off to pay his creditors.
At the time of his bankruptcy filing, Robinson listed assets of just over $12 million and liabilities of just over $11 million. The bankruptcy remains unresolved and a filing made earlier this month listed liabilities at about $12.4 million and assets of $7.1 million—for a negative net worth of $5.3 million.
Robinson, who has relocated to New Jersey, suffered a well-publicized string of burglaries at his Washington County home in 2009. Now that home will be auctioned by Realty Marketing/Northwest with sealed bids due May 18. The reserve, or minimum price, is $1.35 million.
Michael Batlan, the bankruptcy trustee overseeing Robinson's case, says real-estate investments in Washington state and Jackson County, Ore. torpedoed the former player's finances.