logo

JaMarcus Russell in Desperate Need of New Job; Mansion Facing Foreclosure

March 5, 2011   ·     ·   Jump to comments

Just how much "purple drank" and full length fur coats do you have to buy to squander over $38 million and go broke?
TMZ.com reported earlier today that Russell's $2.4 million Oakland hills mansion has fallen into foreclosure proceedings after JaMarcus failed to make close to $200,000 in past due mortgage payments on the property.
JaMarcus now has three months to pay the past due balance and all current payments to save the house from an auction date.
The home was purchased in 2007 before Russell ever even signed his contract with the Raiders. It is a 5,800-square-foot mansion with six bedrooms, six full bathrooms and two half bathrooms, a four-car garage, four fireplaces and bay views.
While I can't help but feel a little sorry for JaMarcus for having fallen on such hard times, I also find it hard to feel sorry for an athlete that threw away his own career by not taking the steps necessary to prepare himself properly to compete every Sunday.
After all, Russell...

Read Complete Article at Bleacher Report - NFL
Article is property of BleacherReport.com

readers comments