Tuesday, February 09, 2010

Plaxico Burress in Foreclosure


Sad but true. The jailed former NY Giant's Florida estate has fallen into foreclosure. Plax owes more than $250,000 to American Home Mortgage Investment and Deutsche Bank National Trust. Plax bought the house for $4 million in 2005.


In September 2008, Burress inked a five-year, $35 million deal with the Giants after catching the winning touchdown in the 2007 season Super Bowl. Two months later, he shot himself in the leg in a Manhattan nightclub while fumbling with an unregistered gun in his waistband.
The team dropped Burress in April, costing him the $27 million left on the contract.
He pleaded guilty last August to attempted criminal possession of a weapon and in September was sentenced to two years in prison. With good behavior, he could get out in June 2011.
source