Just a month after being named assistant coach of the Wagner Seahawks, Bobby Hurley's Devil Eleven Farm in Ocala, Fla. is being foreclosed on for a non-payment of almost $3 million in loans to PNC Bank.
The farm, named after Hurley's old jersey number, has seen some success in the past. Hurley's horse Songandaprayer won the Fountain of Youth Stakes in February of 2001, and it ran in the Kentucky Derby that same year, finishing 13th. It currently commands a $12,500 stud fee. Now, however, that horse may become the property of PNC Bank, after the bank filed a suit seeking to take possession of the stallion as a result of Hurley's non-payment on a note worth more than $900,000.
Hurley owes $2,531,165 total on the farm mortgage, according to PNC Bank.
Although it seems that Hurley's career as a racehorse owner is over, his coaching career is just beginning. When his younger brother Dan was named head coach of Wagner in April, he immediately named Bobby as his assistant. Bobby had no college or pro coaching experience at the time, but both brothers share a legendary lineage—Bob Sr., their father, is one of only three high school coaches inshrined in the Naismith Memorial Basketball Hall of Fame.
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