Good thing Stephon Marbury's making bank playing ball in China -- because his L.A. mansion was just sold at a foreclosure auction.

According to new court docs, obtained by TMZ, Stephon owed $3.1 million on the 7-bdrm 8-bath 8,000 sq. ft. L.A. property -- and the house was just sold to a lucky buyer for $2.275 million.

The docs don't say whether the bank plans to go after Marbury for the balance -- or if this settles his debt.

Stephon just won a championship playing basketball for the Beijing Ducks in the Chinese Basketball Association -- so it's unclear if dude's even aware this happened. If not, consider this a memo.

And can you believe it -- it's been nearly 3 years since Stephon went on the Internet and ate Vaseline in front of thousands of people. Those were the days.

Stephon Marbury -- who once made tens of millions to ride the NY Knicks' bench -- is now in a legal battle over the sale of his company ... for the grand total of $1, according to court documents.


In the lawsuit, filed Friday in L.A. County Superior Court, a woman named Thuymai K. Ung claims Marbury agreed to sell her 100% of his company -- which includes a piece of property in L.A. -- back in December ... for the sum of one American dollar.

In the documents, Ung alleges that Marbury is now claiming that he still owns part of the company and/or the property.

According to the suit, the property is currently in foreclosure, which might explain why Marbury -- who now dishes the rock in the Chinese Basketball Association -- would dump his company for ten dimes.  Then again, it's hard to explain most of what Marbury does.

Ung is asking the court to declare her the rightful owner of the company and the property. A rep for Marbury could not be reached.

NBA star Tracy McGrady's autograph is over 16x more valuable than fellow baller Deandre Jordan's -- this courtesy of a lawsuit filed against a trading card company.

Nine NBAers -- McGrady, Jordan, Brandon Roy, Derrick Rose, Russell Westbrook, D.J. Augustin, T.J. Ford, Antawn Jamison, Anthony Randolph and DeAndre Jordan -- are suing Topps, claiming they were all only partially paid for their autograph deals.

The most interesting part ... how much Topps paid per autograph.

McGrady -- $50
Rose -- $25
Roy -- $18
Westbrook -- $10
Jamison -- $10
Ausgustin -- $8
Randolph -- $7
Ford -- $6
Jordon -- $3

All nine combined are suing for $300,000.

The cat is out of the dime bag -- Stephon Marbury admitted, on camera, that he's in love with Mary Jane.


After lighting up a suspicious joint on his livestream -- which we posted yesterday -- the basketball star came clean about what he was actually smoking. Anyone surprised?

You might as well call Stephon Marbury 'The Orkin Man' ... 'cause this guy KILLS roaches!


Stephon Marbury got lit today on his neverending livestream, smoking what looked like a joint in his car -- but hey, at least he wasn't driving.

Though Marbury may be violating the law (if it is a joint), at least he's arguably on the right side of the 5150 line ... i.e, he's not eating Vaseline.

Evan Rosenblum and Charles Latibeaudiere talked all things sports today -- from Michael Vick's potential comeback to basketball star Stephon Marbury's crazy viral video antics.

We finally got to ask Stephon Marbury why the hell he's been livestreaming his life for the past week -- and his rationale is as logical as you'd expect from a person who's been eating Vaseline, getting into car accidents, bawling his eyes out and impromptu dancing for all the world to see.


P.S. -- The completely sane reason he was at LAX yesterday -- to pick up a random 30-something man he bonded with over the Internet.

Stephon Marbury -- who's been broadcasting his shirtless, random, "I'm not crazy nor on drugs" rant online for four days now -- brought the wackness again this morning, rocking out to Michael Jackson songs in white face.


O.K., so it's facial cleanser, but still ... he's out there.

A whole lot of weirdness occurred on the Internet yesterday thanks to NBA player Stephon Marbury -- which culminated when the shirtless basketball star broke down harder and longer than Ne-Yo with a cold.



Marbury broadcasted the marathon of madness on Ustream -- where he spent the day screaming nonsense into the camera ... then spent the night crying ... and is currently streaming himself asleep in his bed.

We spoke to a rep for the NBA Players Association, who said he saw "a few hours of it" and it "was interesting" -- adding players are "capable of making their own decisions."

Including bad ones.

UPDATE 8:45 AM PT: Marbury is now awake and talking crazy again.

UPDATE 9:55 AM PT: Marbury just turned it up a notch -- apparently he just ate some Vaseline.