/dev/null Posted March 4, 2011 Share Posted March 4, 2011 http://www.nbcbayarea.com/news/sports/Own-JaMarcus-Russells-Oakland-Mansion--117358698.html?dr Link to comment Share on other sites More sharing options...
H2o Posted March 4, 2011 Share Posted March 4, 2011 Why am I not surprised? Link to comment Share on other sites More sharing options...
aristocrat Posted March 4, 2011 Share Posted March 4, 2011 how the hell could he have blown that money already...i could see like 5-10 years from now but damn that was quick Link to comment Share on other sites More sharing options...
justnzane Posted March 4, 2011 Share Posted March 4, 2011 how the hell could he have blown that money already...i could see like 5-10 years from now but damn that was quick This, and he should have had that house paid for outright after getting a $31 million signing bonus. Add this to the list of reasons why there should be a rookie cap. Link to comment Share on other sites More sharing options...
dayman Posted March 4, 2011 Share Posted March 4, 2011 (edited) wow Have to assume this is cash flow issues? That he isn't broke? Right? Edited March 4, 2011 by dayman Link to comment Share on other sites More sharing options...
KD in CA Posted March 4, 2011 Share Posted March 4, 2011 wow Have to assume this is cash flow issues? That he isn't broke? Right? Yes, I'm sure it's just a temporary issue. He probably got caught with too much tied up in long term bonds. Link to comment Share on other sites More sharing options...
BillnutinHouston Posted March 4, 2011 Share Posted March 4, 2011 Yes, I'm sure it's just a temporary issue. He probably got caught with too much tied up in long term bonds. Nice one. Just had my drink come shooting out my nose after reading that. Link to comment Share on other sites More sharing options...
Zulu Cthulhu Posted March 5, 2011 Share Posted March 5, 2011 how the hell could he have blown that money already...i could see like 5-10 years from now but damn that was quick Simple - he blew all his dough on cheeseburgers and cough syrup. Link to comment Share on other sites More sharing options...
NoSaint Posted March 5, 2011 Share Posted March 5, 2011 rumor was he had a MAJOR gambling problem. Also, coupled with drug issues.... if he was playing on the high end tables, you can burn that much money very quickly. its possible he has money beyond the 200k he owes, but has simply abandoned the property after not being able to sell. Link to comment Share on other sites More sharing options...
Zulu Cthulhu Posted March 5, 2011 Share Posted March 5, 2011 Oh yeah I forgot about the weekday overnight trips to vegas almost every week. That probably has something to do with it too. Link to comment Share on other sites More sharing options...
HansLanda Posted March 5, 2011 Share Posted March 5, 2011 nothing the purple drank can't fix. /mixing Link to comment Share on other sites More sharing options...
Meathead Posted March 5, 2011 Share Posted March 5, 2011 one word: lahoo zaher Link to comment Share on other sites More sharing options...
seadog Posted March 5, 2011 Share Posted March 5, 2011 What a waste of human being. With a little effort could of at least played out his contract. Had the physical tools, but i think he just took the money and ran. Codeine Cough Syrup and Hookers baby, hope he makes it Epic! Link to comment Share on other sites More sharing options...
Phil Hansen Forever Posted March 5, 2011 Share Posted March 5, 2011 For us non-druggies, what in the world is "purple drank"? Anything related to purple koolaid and Jim Jones? Link to comment Share on other sites More sharing options...
Buffalo Barbarian Posted March 5, 2011 Share Posted March 5, 2011 Shocker, I think all athletes should be required to take money management courses in college so at least they have clue when the money comes in. Link to comment Share on other sites More sharing options...
Nanker Posted March 5, 2011 Share Posted March 5, 2011 Yes, I'm sure it's just a temporary issue. He probably got caught with too much tied up in long term bonds. Yes, his investment advisory posse didn't properly counsel him on the illiquidity of long term debentures, or he wasn't listening. Hmmmm. Link to comment Share on other sites More sharing options...
Hapless Bills Fan Posted March 5, 2011 Share Posted March 5, 2011 For us non-druggies, what in the world is "purple drank"? Anything related to purple koolaid and Jim Jones? I needed that translated myself. This is what Wikipedia has to say: Purple Drank Explained My guess would be this is basically walking away, leaving the key. I heard Russell left the Bay area for Atlanta. With the housing crash, esp. on West coast, it's possible couldn't sell the house for enough to pay off the mortgage. If the bank wouldn't accept a short sale, not too much alternative Or he could be spending it all on Purple Drank and Orange Food (cheetos etc) Link to comment Share on other sites More sharing options...
KD in CA Posted March 5, 2011 Share Posted March 5, 2011 This is what Wikipedia has to say: Purple Drank Explained Adults getting high on cough syrup and Sprint? That's pathetic if you're in high school. Link to comment Share on other sites More sharing options...
HansLanda Posted March 5, 2011 Share Posted March 5, 2011 More on JaMarcus and his history with the purple drank: http://content.usatoday.com/communities/gameon/post/2010/07/jamarcus-russell-codeine-arrest-purple-drank/1 Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted March 5, 2011 Share Posted March 5, 2011 Well, now he can go back to his happy place...the ghetto. Link to comment Share on other sites More sharing options...
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