Plaxico Burress’ illegal gunplay cost him his job and his freedom. Now it’s costing him his castle.
The former Giant wide receiver was slapped with a foreclosure notice on his Florida estate on Jan. 26, according to Broward County court records. He owes more than $250,000 to creditors American Home Mortgage Investment and Deutsche Bank National Trust, records show.
Burress and his wife, Tiffany, bought the mansion in tony Lighthouse Point for $4 million in 2005, according to records. But its value went south during the housing crunch and is now at only $2.3 million.
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.
In a jailhouse interview set to air today on CBS, Burress says he plans on returning to the gridiron. Even if his NFL comeback hopes are dashed, he is eligible to collect a $56,400 per year pension for the rest of his life.