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Report: Ex-QB Russell facing foreclosure

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Updated Mar 3, 2011 4:41 PM ET
     
 

Things keep getting worse for former NFL quarterback JaMarcus Russell, who is considered the biggest bust in NFL draft history.

RISKY BUSINESS

The draft is a high risk, high reward event. Adam Caplan lists the top 10 busts and top 10 steals of the past 25 years.

Now, the former No. 1 pick of the Raiders is in danger of losing his Oakland mansion.

According to documents obtained by TMZ.com, foreclosure proceedings have begun on Russell’s mansion because he allegedly failed to make $195,512.05 in mortgage payments. Russell bought the house for $2.4 million in 2007 after the Raiders made him the No. 1 overall pick in that year’s draft.

The Louisiana State University product has three months to make the payments or the mansion will be auctioned off, the TMZ report says.

According to TMZ, Russell’s agent said he had not spoken with the former QB about the situation.

Russell, 25, played 31 games over three seasons with the Raiders, completing 52.1 percent of his passes and compiling a 65.2 passer rating. He threw 18 touchdown passes and 23 interceptions, and the Raiders went 7-18 with him under center.
 

Tagged: Raiders, JaMarcus Russell
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