Originally written on Busted Coverage  |  Last updated 10/15/14
Of course Joey Porter made huge money during his 13-year NFL career. How much exactly? Lots. He signed a deal in 2007 with the Miami Dolphins that guaranteed him $20 million. Now, the tragic news is that Joe faces foreclosure on his 12,000 sq. ft. Broward County mansion that features six bedrooms and eight bathrooms. Porter paid $3,995,000 for this pad just after signing with the Dolphins. The house now has an estimated value of $1.3 million. Why not pay cash for the house and then pay the taxes via investments? Something tells us Joe isn’t exactly an accountant with his money. You might remember back in December when it was announced that Porter was arrested in Las Vegas for writing a bad check. That was a bad check to cover a $70k gambling debt. As for the house, the bank wants its money back. Boca Raton-based 1st United Bank (NASDAQ: FUBC) filed a foreclosure lawsuit on March 6 against Porter and his wife over their home at 16900 Stratford Court in Landmark Ranch Estates. Built in 2006, the home is 10,600 square feet on 2.3 acres. The lawsuit concerns a mortgage granted for $2.8 million in 2007 by the International Bank of Miami, which later failed. The Federal Deposit Insurance Corp. has a loss-sharing agreement with 1st United on Porter’s loan. There’s no word if Joe is still living in this pad while the foreclosure process rolls along. The last time we saw the former linebacker he was at a golf course. [Realtor - 16900 Stratford CT] Filed under: Football
MORE FROM YARDBARKER

Giants dethrone Royals in Game 1 of World Series

Devils winger sends zinger about nasty facial cuts

Wife of Royals pitcher leaves World Series ticket as tip

Report: Chandler Jones to miss a month with hip injury

Lance Briggs left Bears' locker room to avoid the fighting

Could the Seahawks have gotten more for Percy Harvin?

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Five storylines to watch in the 2014 World Series

Favre delays Lambeau return due to Bart Starr’s health

Cowboys release Michael Sam from practice squad

Fan in critical condition after being beaten before Bears game

Ben Roethlisberger rips the media

Tim Tebow: Gators don't have offensive leadership, lack heart

WATCH: Arkansas St. RB scores improbable touchdown

Royals fans sleeping during Game 1 loss at World Series

Matt Flynn had a blast at Pearl Jam concert

Report: Back injury could end Nathan Horton's career

Report: Ray Rice files grievance against Ravens

UEFA Champions League midway report: Groups E – H

PHOTO: Fans place Manning’s 509 football in Hall of Fame

Jets sign Jeremy Kerley to $16M 4-year extension

10 teams that should try to trade for Yoenis Cespedes

Lego stadiums: turning a childhood hobby into a business

Bayless: Kobe's sexual assault trial gave him 'edge' and 'sizzle'

Blackhawks make leukemia patient's dream come true

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Nicklaus defends Jameis Winston

NFL players who could be traded by the deadline

Royals fans sleeping during Game 1

Rice files grievance against Ravens

UEFA Champions League midway report

Cowboys release Michael Sam

Bayless: Kobe's sexual assault trial gave him 'edge'

10 teams that should try to trade for Yoenis Cespedes

Five storylines to watch in the 2014 World Series

Ben Roethlisberger rips media

NFL Power Rankings Week 7

Pistorius sentenced to five years

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.