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Report: Spree's yacht 'Milwaukee's Best' seized

Updated: August 22, 2007, 11:40 AM ET
ESPN.com news services

Former NBA star Latrell Sprewell had his yacht repossessed by the bank holding the loan on the 70-foot, $1.5 million vessel, the Milwaukee Journal-Sentinel reported Wednesday.

According to the report, a U.S. Marshal armed with an order from U.S. Magistrate Judge William E. Callahan Jr., seized the yacht, the "Milwaukee's Best," in Manitowoc, Wisc., about 80 miles north of Milwaukee on the shore of Lake Michigan.

The bank has claimed in federal court that the owner, LSF Marine Holdings, ...

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