Jamarcus Russell Is Broke
On September 12th, 2007, the Oakland Raiders signed number one pick JaMarcus Russell to a six-year, $68 million contract. It was one of the biggest in NFL history at the time and even if Russell turned out to be a huge bum (which he did), he’d still have $31.5 million guaranteed. JaMarcus may be broke!
JaMarcus was out of football by the spring of 2009 and, exactly one year later, he’s out of money. His $2.4 million dollar house according to TMZ.com is in foreclosure and he owes $195,000 in mortgage payments. If the unemployed quarterback doesn’t cough up the cash in the next three months, the bank will put his home on the auction block.
How’s that for a fall from grace?