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Plaxico Burress, Wife Sued For $3.3 Million In South Florida Foreclosure Case
SportingNews
Feb 21, 12:17 am EST
Former New York Giants wide receiver Plaxico Burress(notes) may not have a home to return to in Florida, once he emerges from prison.
The jailed Super Bowl hero and his wife, Tiffany, were hit with a $3.3 million foreclosure lawsuit on Jan. 22 from Deutsche Bank National Trust Co., as a trustee for a mortgage-backed securities fund, according to Broward County Circuit Court records.
It concerns the $2.9 million mortgage Burress signed in 2005, covering his home in Lighthouse Point, just north of Fort Lauderdale.
He bought the 6,872-square-foot waterfront home, at 2249 N.E. 26th St., for $4 million in 2005. Two years later, he moved his official residence from New Jersey to Florida.
Burress caught the winning touchdown pass in the final minute of Super Bowl XLII to lead the Giants past the previously unbeaten New England Patriots. New York rewarded him in 2008 with a two-year contract extension at $7 million a year.
All of that unraveled in November 2008, when Burress entered the Latin Quarter nightclub in Manhattan with a gun tucked in his pants. The unlicensed gun slid down his leg and blasted a bullet in his thigh. The Giants released him after the season.
In August 2009, New York authorities charged Burress with two counts of criminal possession of a weapon and one count of reckless endangerment. He signed a plea deal to a lesser firearms charge and was sentenced to two years in prison.
In media interviews since his imprisonment, Burress said he would like to return to the NFL once he is out of prison sometime in 2011. It is not clear if that would be soon enough to save his home.
Plaxico Burress, Wife Sued For $3.3 Million In South Florida Foreclosure Case
SportingNews
Feb 21, 12:17 am EST
Former New York Giants wide receiver Plaxico Burress(notes) may not have a home to return to in Florida, once he emerges from prison.
The jailed Super Bowl hero and his wife, Tiffany, were hit with a $3.3 million foreclosure lawsuit on Jan. 22 from Deutsche Bank National Trust Co., as a trustee for a mortgage-backed securities fund, according to Broward County Circuit Court records.
It concerns the $2.9 million mortgage Burress signed in 2005, covering his home in Lighthouse Point, just north of Fort Lauderdale.
He bought the 6,872-square-foot waterfront home, at 2249 N.E. 26th St., for $4 million in 2005. Two years later, he moved his official residence from New Jersey to Florida.
Burress caught the winning touchdown pass in the final minute of Super Bowl XLII to lead the Giants past the previously unbeaten New England Patriots. New York rewarded him in 2008 with a two-year contract extension at $7 million a year.
All of that unraveled in November 2008, when Burress entered the Latin Quarter nightclub in Manhattan with a gun tucked in his pants. The unlicensed gun slid down his leg and blasted a bullet in his thigh. The Giants released him after the season.
In August 2009, New York authorities charged Burress with two counts of criminal possession of a weapon and one count of reckless endangerment. He signed a plea deal to a lesser firearms charge and was sentenced to two years in prison.
In media interviews since his imprisonment, Burress said he would like to return to the NFL once he is out of prison sometime in 2011. It is not clear if that would be soon enough to save his home.
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