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Giants Player Plaxico Burress Faces Foreclosure

Plaxico Burress, the embattled former wide receiver for the New York Giants, could be without a Florida home to return to once he emerges from prison.

On January 22, the imprisoned Super Bowl hero and his wife, Tiffany, were hit with a $3.3 million foreclosure suit from Deutsche Bank National Trust Co., as a trustee for a mortgage-backed securities fund, according to Broward County Circuit Court records.

The suit was filed over the $2.9 million mortgage signed by Burress in 2005, covering his Lighthouse Point home, just north of Fort Lauderdale.

Burress purchased the 6,872-square-foot waterfront home for $4 million in 2005. Two years later, he moved his official residence from New Jersey to Florida.

Burress caught the game-winning touchdown in the final minute of Super Bowl XLII, when the Giants defeated the previously unbeaten New England Patriots. He was given a two year contract extension by the Giants in 2008 worth $7 million per year.

That fell apart in November 2008, when Burress went to the Latin Quarter nightclub in Manhattan with a gun tucked in his pants. The unlicensed weapon slid down his leg and fired a bullet into his thigh. He was released by New York at the end of the season.

Burress was charged by New York authorities with two counts of criminal possession of a weapon and one count of reckless endangerment in August 2009. He signed a plea deal to a lesser firearms charge and received a two year prison sentence.

Since being imprisoned, Burress has said in media interviews that he would like to return to the NFL after he emerges from prison in 2011. It is unclear if that would be enough to save his home.

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