Tag Page Colorado

Chauncey Billups Posts $5 Million Bail Using Colorado Home as Collateral During Monday’s arraignment, former NBA star Chauncey Billups was hit with a $5 million bail, which he secured by putting up his Colorado residence as collateral. The courtroom moment underscored the seriousness of the federal charges now hanging over the retired basketball icon. Billups entered a not-guilty plea to three major counts: Wire Fraud Conspiracy Money-Laundering Conspiracy Federal prosecutors allege that Billups participated in a scheme involving fraudulent financial activity and coordinated efforts to move illicit funds through various channels. Details of the alleged operation have not yet been fully disclosed, and the case is expected to move into a lengthy discovery and pre-trial process. His legal team maintains that Billups is innocent and intends to fight the charges aggressively, arguing that the government has misinterpreted his financial dealings. The court scheduled additional hearings in the coming months as the case progresses. If convicted, Billups could face significant fines and potential prison time. #ChaunceyBillups #NBA #WireFraud #Conspiracy #MoneyLaundering #FederalCourt #Colorado #LegalNews #Arraignment #BreakingNews #CrimeUpdate #CourtCase

Colorado’s $27M football gamble shakes campus

Colorado’s bold move to hire Deion Sanders as head football coach has left the university staring down a staggering $27 million budget gap. The hype around Coach Prime brought national attention, but now the school is scrambling to cover skyrocketing costs—nearly doubling the coaching salary and pouring money into player support. As expenses outpace revenue, tough cuts are hitting more than just the football program, raising big questions about priorities and transparency. Is chasing sports glory worth risking the university’s financial health? How should schools balance athletics and academics when the numbers just don’t add up? #Sports #Football #Colorado

beautiful sunset here at Colorado! Woke up at 5:30 for this!

#Colorado #Sunset #SunsetPhotography #JesusLovesYou

Colorado seniors set for major tax break

Big news for Colorado retirees: starting in 2026, most seniors will no longer pay federal income tax on their Social Security benefits. This change could mean real savings for about 1 million people across the state, especially as housing costs keep rising. The new deduction—$6,000 for individuals, $12,000 for couples—mainly helps middle-income homeowners, making it easier to stay in their homes. There’s also a boost to the SALT deduction cap and new funding for senior housing. What do you think—will this help seniors in your community stay afloat, or is more support needed? #Business #MakeMoney #Colorado