Plaxico Burress May Have Shot Himself Again

Plaxico Burress

The NFL wide receiver that is known more for physically shooting himself in the leg rather than winning a Super Bowl may not have a home anymore. Plaxico Burress, a former New Yrok Giants wide receiver, was shot with a $3 million dollar lawsuit on his Lighthouse Point, FL home.

Burresses $4 million dollar home he bought in 2005 was his primary residence. The foreclosure was filed in January by Deutsche Bank National Trust Co. There is no word on what the jailed ex-football player plans on doing.

Plaxico Burress was thrown in jail in 2009 after getting convicted with two counts of criminal possession of a weapon. This was after he lost control of a gun he had in his pants in a Manhattan nightclub. The gun fell down his pants, shooting himself in the thigh. Lets just end this post right there….

Dallas Stars Need A New Owner

dallas stars sold

Wanna buy a hockey team? Well the Dallas Stars are for sale and need a new owner as soon as possibe. Tom Hicks, the owner of the Dallas Stars and previous owner of the now sold Texas Rangers, is seeking a new owner after defaulting on $525 million in loans.

Hicks acquired the Dallas Stars back in 1996 and saw the team to a Stanley Cup in ’99. The only problem is that it was ten years ago and since they haven’t had an amazing season since, fans are diminishing.

The Dallas Stars are next big sale after he sold the Texas Rangers. Hicks also owns part of Liverpool and there seems to be no word on what he will do there.

Legendary NFL Defensive Lineman Filing For Bankruptcy

luther_elliss

There is only one thing that could knock down former NFL defensive lineman Luther Elliss….bankruptcy. The two-time Pro Bowler has filed for Chapter 7 bankruptcy with his wife Rebecca.

Elliss is about to lose his million dollar home in Detroit after he has already lost a home in Utah. Luther started a financial downfall after his investment in Trinity Armor LLC deterioriated away when the company went out of business. Eliss and his wife have debts of over $4 million with assets of $1.4 million.

Luther and his wife have 11 children and are doing whatever they can to stay afloat.

The Foreclosure Crisis Hits Golfers

Byron Nelson Tournament

Even golf has been affected by the foreclosure crisis. The much anticipated Byron Nelson tournament may see its last year at the Four Seasons Resort and Club in Irving, Texas. The 400-acre luxurious resort will be going into foreclosure auction on February 2nd in Dallas County.

The U.S. Bank is seeking to get back $183 million back for a default loan taking out by BentleyForbes. The Byron Nelson golf tournament will not be affected this year but who knows what will happen in 2011. BentleyForbes is reportedly working out a solution with its lenders.

Antoine Walker Sued For Slum-like Housing

Antoine Walker

Antoine Walker has problems and it isn’t with his game. Walker, NBA pro basketball star, is about to get in a whole lot of trouble from the city where he grew up for not paying attention to one of his real estate investments.

Antoine Walker has seen his fair share of trouble this year already but this will pile up on a man that earned over $100 million and an NBA Championship. His company, Walker Ventures LLC and AW Realty LLC, has a bunch of lawsuits filed against them primarily for poor management, damages, and a ton of debts.

Walker owns several buildings in the South Side of Chicago. One with a roach infestation, another with leaking pipes, and another with exterior damage. Walker might want to break out the tool belt as the lawsuits pile higher and higher. All of his properties have many problems in one way or another but excuses of a bad economy  that the star has made won’t fly in Chitown for this millionaire.

Antoine might want to think about joining a team and getting another contract looking at his other investments.

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