HoopsHype Tim Grover rumors
Attack Athletics, an elite West Side athletic training facility built by Tim Grover and backed by his most famous client, Michael Jordan, may be headed for foreclosure. Grover's company, Attack Properties LLC, is in receivership and owes more than $12.2 million to creditors. Among those with substantial skin in the game is Jordan, who stands to lose $1.5 million as an unsecured creditor. Chicago Tribune
Tim Grover, the trainer who used his connection to Michael Jordan to help him build a West Side gym for serious athletes, is in danger of losing the business. And Jordan could lose $1.5 million in the deal. A judge has rejected a Chapter 11 bankruptcy case Grover filed for his business, the Attack Athletics gym at 2641 W. Harrison. He filed for bankruptcy in April in an attempt to delay a foreclosure on the property, where he built a 60,000-square-foot facility with four NBA-sized courts. Records show Grover owes $10.17 million on a first mortgage and hasn’t made payments since 2010. With a bankruptcy off the table, the mortgage holder is free to seek foreclosure. Chicago Sun-Times
Attack Athletics continues to operate under the control of a receiver. The bankruptcy filing listed Jordan as among the business’ largest creditors, saying the former Chicago Bulls star is owed $1.5 million. Another creditor listed is former NBA player Michael Finley, who guaranteed a $2 million loan. Chicago Sun-Times
Sources told the Post that, last week, Wade also reached out for a trusted friend and adviser to come to him. Tim Grover, the founder and owner of Attack Athletics, is best known for all his years training Michael Jordan, and has been working lately with Kobe Bryant in Germany. After returning to the United States, Grover went with Bryant to Los Angeles, when Wade requested he come to Miami. With Bryant’s permission, Grover flew to South Florida, arriving on Saturday, watching Game 3 of the NBA Finals from AmericanAirlines Arena on Sunday night, scheduled to stay a few days to work on Wade’s body and mind. Palm Beach Post
And since it is, it was, with more than a dozen players descending Thursday on the 65,000-square foot Training Facility That Michael Jordan Built (through his 15-year association with trainer extraordinaire Grover and the star-studded clientele that delivered). One difference: Instead of showing up to lift and sweat their way through workouts in anticipation of the NBA season, these guys arrived ready to listen and ask questions about the league's looming non-season of 2011-12, which is about a month away from being jeopardized in part or in whole by the labor lockout, which hit day No. 56. Jordan Dumars, Michigan guard and son of Detroit Pistons' president Joe Dumars, was there to play. But the pros in attendance Thursday were consumed with business over basketball, the uncertainty about the former continuing to mess with a lot of guys' schedules for the latter. "Slow. It's slow," said Grover, of the flow of NBA talent into his ATTACK Athletics complex this offseason. "They just don't know when they'll be starting. Guys like D-Wade and Kobe [Bryant], they know better. They don't change [their routines]." NBA.com
Caron Butler: Before training camp begins with the Mavericks, I’m going to spend four weeks with workout guru Tim Grover. It’s my first time going to work with him, but you know he’s good just by looking at the cast of players that have been trying to improve with him. LeBron James, Dwyane Wade, Kobe Bryant, Gilbert Arenas have all spent time with Grover. There must be something to him, right? HoopsHype
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