Tax Debt Leads Tim Hardaway to Sell Miami Home to Heat for $1.9 Million (Photos)

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Jan 30, 2011

Tax Debt Leads Tim Hardaway to Sell Miami Home to Heat for $1.9 Million (Photos) Being a former member of the most noteworthy teams in basketball, the Miami Heat, must have its perks. For former Heat guard Tim Hardaway, though, the perks can be borderline life-saving.

According to The Detroit News, Hardaway, 44, is in some tax trouble despite the fact that he earned $46.6 million during his NBA carreer. That's where his former team stepped in.

The team bought Hardaway's 7,542 square foot mansion to clear up the $120,000 federal tax debt and erase the lein the IRS had on the house. It was sold to Miami Heat Limited Partnership, which owns the Miami Heat.

Hardaway is still living in the mansion and working as a college basketball analyst for Compass Media Networks, which broadcasts games in all conferences.

Check out what his pad looks like >>

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