http://www.twincities.com/sports/ci_18907132?source=rss Two former Minnesota Timberwolves could face jail time Former Timberwolves Christian Laettner and Brian Davis have been ordered to a Washington courtroom today to explain to a judge why they shouldn't be held in contempt. If their answers don't satisfy the judge, the former Duke University stars could be sent to jail - an outcome few could have predicted four years ago when they were basking in the success of their West Village development in downtown Durham, N.C. Even now, as Laettner and Davis try to fend off angry creditors, West Village remains the jewel in their crumbling real estate empire. Its mixture of apartments, restaurants and offices continues to thrive, making it attractive to investors and to those angry creditors determined to pursue Laettner and Davis' assets. Today's court hearing relates to a $671,309 judgment awarded to California investors J.D. Holdings in June. J.D. Holdings loaned Laettner and Davis' company, Blue Devil Ventures, $500,000 in November 2006 to develop property in Baltimore. The motion asking the judge to find Laettner and Davis in contempt accuses the men of thumbing their noses at the judgment and ignoring requests to show whether they have assets to satisfy the judgment. It requests that Laettner and Davis be ordered to surrender to the U.S. Marshals office and remain locked up until they comply with the order. - Former Ohio State and NFL quarterback Art Schlichter pleaded guilty in Columbus, Ohio, to state theft charges linked to a sports ticket-fraud scheme and was sentenced to 10 years in prison. Schlichter, 51, will appear today in federal court, where he faces related charges of bank and wire fraud and filing a false tax return. Schlichter has indicated he'll plead guilty to those charges, though no date for accepting the plea has been set. - Former Arizona coach Lute Olson contends in a lawsuit that he lost more than $1 million by investing in "bogus" bonds with David Salinas, the Houston financial adviser for college coaches who committed suicide while under investigation by the Securities and Exchange Commission. --

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