Plaxico Burress, the lithe, talented New York Giants wide receiver who caught the game-winning touchdown pass in Super Bowl XLII in 2007 and then signed a $35 million, five-year deal with the Giants in 2008, was riding on top of the world. He had talent and a huge contract and a bright future. And then he shot himself in his own foot — literally.
In late November, Burress went to a Manhattan nightclub and had an unregistered gun tucked into his waistband. The gun slipped down his leg and went off, shooting himself in his right thigh and narrowly missing a security guard who was standing inches away. As a result, the Giants dropped Burress and the NFL suspended the receiver until he completes his prison term. Burress was tried and sentenced to two years in prison and could be eligible for early release in 2011.
Now, Burress faces another loss: the loss of his home. According to the NY Post, Burress was slapped with a foreclosure notice on his Florida estate on Jan. 26 (see the Broward County court records). Burress reportedly owes more than $250,000 to creditors and thus, Burress gets added to the list of celebrity foreclosures.
According to public records, Burress and his wife bought the home for $4 million in 2005, but the home’s Zestimate value has slid to just below $2 million due to the rough real estate market, which is no surprise since more than 35% of Lighthouse Point homes have sold for a loss.
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