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Tim Donaghy's court win forces former publisher, Shawna Vercher, into bankruptcy

2:01 PM, Nov 16, 2012   |    comments
Tim Donaghy
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PINELLAS COUNTY, Florida - Following a jury's order to pay former NBA referee Tim Donaghy more than $1.5 million, Largo publisher Shawna Vercher declared bankruptcy this week, delaying Donaghy's possible seizure of her belongings.

Vercher, a former political analyst for 10 News, was found responsible on five civil charges, including breach of contract, civil theft, and inflicting emotional distress connected to her withholding of proceed's from Donaghy's tell-all book, "Personal Foul."

In the bankruptcy filing, dated Monday, Nov. 12, Vercher listed just three creditors: her lawyer, Donaghy, and Donaghy's lawyer Nick Mooney.

Prior to publishing the book, Donaghy served the majority of a 15-month federal sentence for providing insider tips on games and tax fraud.  He just finished his probation and is working with an oddsmaker to help pick NBA games.

"Obviously, I made mistakes in the past and if I could turn back time, I certainly would," Donaghy told 10 News in June. 

Vercher has repeatedly declined requests for interviews, including most recently in October.  If she begins making payments to Donaghy, some will go toward re-paying nearly $200,000 in restitution to the NBA.

Find 10 News Investigator Noah Pransky on Facebook or follow his updates on Twitter. Read his Sports Business Blog at Shadow of the Stadium.

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