Originally posted on Busted Coverage  |  Last updated 3/19/13
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
Ios_download En_app_rgb_wo_45

Dion Lewis signed extension to repay Patriots for giving him chance

Report: South Carolina to start Perry Orth at QB vs. LSU

Mark Giordano: Flames’ effort in opener was 'unacceptable'

LeBron James says he’s in same class as Michael Jordan

Report: Some Texans players have already 'checked out' on coaches

WATCH: Washington scores against USC with trick play


Andre Johnson, Colts down Texans in key division win

Claude Julien: Illegal hit on Patrice Bergeron warrants ‘further consequences’

Foster’s return to game after head injury raises questions

Lions owner Martha Ford is not happy with NFL about blown call on MNF

New details on Duke Williams dismissal

Baylor’s RG3 statue vandalized by TCU fans

Name every QB to play in the NFL at the age of 40

Matt Hasselbeck was ‘on his death bed’ before Texans game

WATCH: Jets' Burmistrov lays dirty hit on Bruins' Bergeron

Report: Cowboys ban filming offense in practice with Patriots next on schedule

Maryland HC Randy Edsall responds on Twitter to firing reports

Pacquiao says he is in talks with Mayweather about rematch

Wisconsin looks to bounce back against Nebraska

Jack Del Rio: Raiders will go after Peyton Manning, want to ‘take him down’

Charles Barkley will guest star on 'The NFL Today'

Week 5 NFL power rankings

Poor Royals grounds crew member gets eaten by tarp

Vin Scully to miss the entire postseason; will return in 2016

Colin Kaepernick’s contract structure protects team from overpaying struggling QB

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!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

Name every QB to play in the NFL at the age of 40

Week 5 NFL power rankings

Vin Scully to miss the entire postseason

Putin celebrates birthday by scoring seven goals in hockey game

"Friday Night Lights" writer calls Chip Kelly a fraud

Women in sports this week: Is this 2015 or 1965?

Three reasons each AL team can win the pennant

Garrett addresses Hardy's comments about Gisele

Five outrageous predictions for NFL Week 5

Rex makes players do push-ups in practice after penalty calls

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker