Former NBA star O.J. Mayo loses mansion after defaulting on $1.26 million loan

Courtesy of Mark L. Baer, USA Today Sports

Former NBA star guard O.J. Mayo is dealing with some financial difficulties that could lead to him losing his 9,000 square foot mansion in Milwaukee.

In May, he lost his home to U.S. Bank, which “won a $1,137,302.42 default judgment on the unpaid balance of the $1.26 million loan,” per Urban Milwaukee’s Michael Home.

Mayo stopped making payments in April of 2018, per the report, and has until October “to redeem the property from his creditor.”

Mayo was kicked out of the NBA for a drug violation back in 2016. He currently plays professionally in China. Originally slated for a potential reinstatement to the NBA during the 2018-19 season, Mayo was arrested for marijuana possession in February last year.

Home noted in his report that it’s unlikely Mayo will redeem the mansion due to his financial woes.