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LAMAR ODOM just got SLAMMED by ESPN's "Outside the Lines" over his cancer charity, Cathy's Kids, which he started back in 2004.
So what's the problem? Cathy's Kids has never given A SINGLE DIME to cancer causes. (--By the way, it's named after his mom, who died of stomach cancer.)
From its inception up until last year, the charity raised $2.2 million. More than half of that money, $1.3 million, has gone to fund two elite youth basketball travel teams.
Cathy's Kids has one paid employee, Lamar's old high school coach Jerry DeGregorio. From 2004 to 2011, he was pulling an annual salary of $72,000.
It's not clear where the rest of the money went, but Cathy's Kids has operated at a loss since its creation. According to its 2011 tax returns, Cathy's Kids is $256,000 in debt.
"Outside the Lines" approached Odom and asked him about the charity's practices . . . and he replied, quote, "IT'S MY MONEY."
Unfortunately for Lamar, that's not necessarily true. If his charity is spending on things that are not consistent with its stated mission, that could violate tax law, which means he could run afoul of the IRS or a state attorney general.
Could any of this controversy blow back on Lamar's wife KHLOE KARDASHIAN? Probably. She's done plenty to help Lamar raise money for Cathy's Kids.
For instance, she and Lamar have an eBay store where they've sold a lot of items to raise money for the charity. Although interestingly, they haven't sold anything there since ESPN released this report. (--Here's their page.)
She's also urged fans to donate to the charity on her website. However, Khloe's rep says Lamar contributed almost ALL the money that was raised by Cathy's Kids, that no charitable funds were misused, and that, quote, "the IRS has repeatedly given Cathy’s Kids a clean bill of health."
Lawrence Schwartzwald / Ã�Â�?Ã�Â�Ã�(C) www.splashnews.com