Chad Johnson’s debt just continues to grow…
SMN News reports that the government of St. Maarten is expecting a refund of the money it invested into Chad and Evelyn Lozada’s wedding. Initially, the island agreed to pitch in because the ceremony, which was held in St. Maarten on July 4th and was set to air on the duo’s reality show on Vh1 in September, would help bring more tourism to the island.
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Just a little over 30 days after the couple was given approximately $90,000 to enjoy a lavish wedding on the island get-away, Evelyn filed for divorce due to a domestic violence incident where Chad head-butted the Basketball Wives star and left her forehead cut open.
Not only did Vh1 drop the Ev & Ocho wedding special, but Chad publicly lost his spot on the Miami Dolphins, as well as many of his endorsements. He is also in danger of losing much of his property due to debt.
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Finance Minister Roland Tuitt confirmed the investment, and explained the entire ordeal:
“When someone is investing in business it’s a risk they are taking and if something happens then they will have to deal with the consequences. Naturally, we have a contract with Johnson and Lozada and that contract has some clauses inside of it and St. Maarten will use those clauses if necessary.”
According to SMN News, Prime Minister Sarah Wescot Williams didn’t think making the money available was a good idea and it looks as though she was right. If the contract is not respected, and Vh1 does not air the show in September, the St. Maarten government will take legal action and seek their donation back.
So, who’s going to foot that bill?
SOURCE: SMN
