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Own JaMarcus Russell's Foreclosed Oakland Mansion ( NFL )
nbc ^ | Mar 4, 2011 | SAJID FAROOQ

Posted on 03/04/2011 7:23:05 AM PST by george76

Former Raiders' QB is losing his home to foreclosure.

JaMarcus Russell's return to greatness isn't going as well as planned... The former No. 1 pick of the Oakland Raiders...

...

Russell returned to his native Alabama after being released by the Raiders in 2009. His attempts to return to the NFL have been slowed down by charges that Russell was illegally sipping "purple drank."

The Raiders signed Russell to a six-year contract worth up to $68 million, with $31.5 million guaranteed. But in true Al Davis fashion, the team is trying to recuperate some of that signing bonus.

(Excerpt) Read more at nbcbayarea.com ...


TOPICS: Business/Economy; Sports
KEYWORDS: nfl; oakland; oaklandraiders; purpledrank; raiders
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To: Flycatcher

lol


21 posted on 03/04/2011 7:45:24 AM PST by freedomlover (Make sure you're in love - before you move in the heavy stuff)
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To: Tijeras_Slim

Kind of sounds like a “Flaming Moe/Flaming Homer” from the Simpson’s episode. Do they light the Purple Drank on fire before drinking it?


22 posted on 03/04/2011 7:45:53 AM PST by Above My Pay Grade
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To: Liz

That almost looks like McHammer’s old crib.


23 posted on 03/04/2011 7:46:10 AM PST by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: abb

That Everclear can kill you. It amazes me they allow it to be sold. Only reason to drink it is to pass out, or worse. BTW, I am very familiar with the stuff. Thank goodness I grew up a bit.


24 posted on 03/04/2011 7:46:37 AM PST by cornfedcowboy (Trust in God, but empty the clip.)
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To: Flycatcher

I did not know that you are a poet.


25 posted on 03/04/2011 7:48:56 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: Above My Pay Grade

I guess he'll lose his endorsements now...

26 posted on 03/04/2011 7:49:09 AM PST by Tijeras_Slim
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To: Liz

$3 million actually seems inexpensive for a waterfront house like that in the SF area.


27 posted on 03/04/2011 7:49:16 AM PST by GnL
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To: ken5050
..so he’s doing the smart thing in walking away..

Too bad he wasn't really smart and paid cash for a not-so-lavish house,
and then have a place to live forever.

What DID he do with that college education, anyway?
/sarc

28 posted on 03/04/2011 7:49:48 AM PST by RightField (one of the obstreperous citizens insisting on incorrect thinking - C. Krauthamer)
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To: GnL

Especially for one that is probably decorated in subdued good taste.


29 posted on 03/04/2011 7:50:41 AM PST by Tijeras_Slim
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To: WayneS

Unfortunately due to the influence of MTV, Oprah, etc this “culture” has a widespread influence in our society.


30 posted on 03/04/2011 7:51:09 AM PST by nascarnation
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To: george76
Oh yeah. The Purple Drank. I know we've all been there, haven't we?


31 posted on 03/04/2011 7:52:08 AM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: george76

Ol’ JaMarcus isn’t the brightest bulb in the chandelier...


32 posted on 03/04/2011 7:52:29 AM PST by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: george76
I did not know that you are a poet.

Oh, yes, this is a special time

For you to think that I can rhyme!

33 posted on 03/04/2011 7:54:54 AM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: pnh102
At one time, he did have a house that looked quite a bit like that one. It was in Virginia Beach.

It had a GIGANTIC ‘M’ on one of its huge gold-toned wrought iron gates and a GIGANTIC ‘C’ on the other. Blended RIGHT in with the rest of the neighborhood, that did...

34 posted on 03/04/2011 7:55:25 AM PST by WayneS (Enlightened statesmen will not always be at the helm. -- James Madison)
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To: ClearCase_guy
Everybody's saying it these days!

ProTip: One does not pronounce the "l" in "purple drank".

Say "purpa drank".

35 posted on 03/04/2011 7:59:39 AM PST by rogue yam
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To: WayneS

Do you also call it a grande royale?


36 posted on 03/04/2011 8:01:11 AM PST by BenKenobi (Don't expect to build up the weak by pulling down the strong. - Silent Cal)
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To: Liz

That looks like Derek Jeter’s house.


37 posted on 03/04/2011 8:02:09 AM PST by Dr. Ursus
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To: WayneS

0bama’s buddy lil wayne likes da purple drank.


38 posted on 03/04/2011 8:02:33 AM PST by lwd
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To: george76
Russell is the poster child for why the NFL is ready to throw down a couple of seasons to change the salary structure. As soon as he got a big paycheck he quit trying. Guys like Manning, Brady, Adrian Peterson, etc., play hard because they want to win, so a big contract doesn't slow them down. For others, the game is over as soon as the guaranteed money comes in.

The NFL wants a structured rookie salary cap to prevent these kinds of contracts, although it's obviously the Raiders fault that they placed a bet on a bad risk. On the back side, though, a structured rookie salary cap would dampen all NFL salaries. There's already a tendency to dump an older player and go with a younger guy. If the owners can sign rookies at a lower salary hit and the players can't negotiate until their first contract is out, only a few players will get offered a second contract unless they're willing to work on the cheap. This is where the anti-trust exemption helps the NFL tremendously. They have a cartel which allows them to collude to keep salaries low by refusing to hire players from another team.

On to JaMarcus, when a #1 pick can't get work as a backup project, he's toxic. Russell's only chance at a stable financial life is gone. He could easily end up like Joe Gillam, the Steelers QB that ended up being a street bum.

39 posted on 03/04/2011 8:03:12 AM PST by Richard Kimball
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To: cornfedcowboy

http://en.wikipedia.org/wiki/Everclear_%28alcohol%29

That crap is paint thinner


40 posted on 03/04/2011 8:08:40 AM PST by headstamp 2
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