Why register with the Steelers Fever Forums?
 • Intelligent and friendly discussions.
 • It's free and it's quick. Always.
 • Enter events in the forums calendar.
 • Very user friendly software.
 • Exclusive contests and giveaways.

 Donate to Steelers Fever, Click here
 Our 2013 Goal: $400.00 - To Date: $00.00 (00.00%)
 Home | Forums | Editorials | Shop | Tickets | Downloads | Contact Pittsburgh Steelers Forum Feed Not Just Fans. Hardcore Fans.

Go Back   Steelers Fever Forums > General Football > NFL Football


Steelers Fever Fan Shop

Doc's Sports Get FREE NFL Picks and College Football picks as well as Football Lines like live NFL Lines and updated NFL Power Rankings all at Doc's Sports Service.

Steelers Steelers - Bills Bills
August 16th, 2014, 7:30pmET

CBS
Reply
 
Thread Tools
Old 03-19-2013, 01:04 AM   #1
Hawaii 5-0
Armchair QB
Supporter
 
Hawaii 5-0's Avatar
 

Join Date: Apr 2012
Location: The Aloha State
Posts: 8,799
Gender: Male
Member Number: 24013
Thanks: 7,572
Thanked 9,976 Times in 4,269 Posts
My Mood: Happy
Default Joey Porter faces foreclosure on Miami home

Joey Porter faces foreclosure on Miami home

Posted by Michael David Smith on March 18, 2013



Joey Porter, a former NFL linebacker who made tens of millions of dollars in his career, is once again facing financial problems.

Porter is facing a foreclosure lawsuit on a home he bought in Broward County shortly after signing with the Dolphins in 2007, according to the South Florida Business Journal. Porter got a $12 million signing bonus when he joined the Dolphins and could have used the money to buy the home outright, but he instead took out a $2.8 million mortgage. Boca Raton-based 1st United Bank says Porter hasnít been making payments on that mortgage.

The home is in a gated community, and the homeownersí association says Porter hasnít been paying his dues. Itís the same gated community where former Dolphins quarterback Daunte Culpepper also bought a home that is now in foreclosure.

This is the second indication in the last few months that Porter is having financial difficulties. Just before Christmas he was arrested for writing bad checks to a Vegas casino, although he was released when he came up with the money he owed.

Porter played 13 seasons in the NFL, eight with the Steelers, three with the Dolphins and two with the Cardinals.

http://profootballtalk.nbcsports.com...on-miami-home/
__________________
Hawaii 5-0 is offline   Reply With Quote
Old 03-19-2013, 02:21 AM   #2
ZoneBlitzer
Head Coach
 
ZoneBlitzer's Avatar
 

Join Date: Sep 2010
Location: Vancouver
Posts: 1,885
Gender: Male
Member Number: 16775
Thanks: 251
Thanked 477 Times in 253 Posts
Default Re: Joey Porter faces foreclosure on Miami home

It's unbelievable as to how stupid these players can be. They make millions and they blow it all. Terrell Owens is in the same boat. Millions!....man.
ZoneBlitzer is offline   Reply With Quote
The Following User Says Thank You to ZoneBlitzer For This Useful Post:
TRH (03-19-2013)
Old 03-19-2013, 02:28 AM   #3
SteelerEmpire
Team President
 
SteelerEmpire's Avatar
 

Join Date: Sep 2009
Location: USA
Posts: 2,461
Gender: Male
Member Number: 14355
Thanks: 1,266
Thanked 1,634 Times in 752 Posts
Default Re: Joey Porter faces foreclosure on Miami home

With this current line-up of unmotivated losers... I would certainly welcome a Joey Porter in the mix. This current Steeler team lacks "heart"... JP... is a motivator !
__________________

A HOUSE DIVIDED WILL FALL TO IT'S ENEMIES;
BUT IN UNITY THERE ARE 6' SUPER BOWLS !!!
SteelerEmpire is offline   Reply With Quote
Old 03-19-2013, 03:29 AM   #4
Galax Steeler
The Virginia Hillbilly
Supporter
 
Galax Steeler's Avatar
 

Join Date: Oct 2006
Location: Galax Va
Posts: 89,212
Gender: Male
Member Number: 3287
Thanks: 1,015
Thanked 3,155 Times in 1,337 Posts
My Mood: Lurking
Default Re: Joey Porter faces foreclosure on Miami home

This thread is already posted in the nfl forum but I will leave it here as well unless another mod or administrator wants it moved.
__________________
Galax Steeler is offline   Reply With Quote
Old 03-19-2013, 05:26 AM   #5
wwhickok
Starter
 
wwhickok's Avatar
 

Join Date: Jan 2013
Location: Williamsport, PA
Posts: 426
Gender: Male
Member Number: 24713
Thanks: 9
Thanked 27 Times in 22 Posts
Default Re: Joey Porter faces foreclosure on Miami home

I do NOT want Joey Porter back. He wqs great while he was here but he is old as **** now.

Id like to believe if I was a Millionaire I would build a $400,000 on 15 acres od wide open, Fenced in land (nice fencing, not that chain link junk) and save a large portion of my money. I would definitely travel around the world with my wife and son.

I agree these players are very irresponsible with their money. They take it for granted.
__________________
The Stong Conquer the Weak, The Mighty Make the Rules -- self-written.
wwhickok is offline   Reply With Quote
Old 03-19-2013, 08:37 AM   #6
TRH
Living Legend
 
TRH's Avatar
 

Join Date: Nov 2010
Location: eastern PA
Posts: 4,391
Gender: Male
Member Number: 17206
Thanks: 98
Thanked 222 Times in 155 Posts
Default Re: Joey Porter faces foreclosure on Miami home

i can't even comprehend how dumb stories like this are. I just don't even know what to say.
They lose it - they deserve to lose it. There's no excuse - at all.
TRH is offline   Reply With Quote
Old 03-19-2013, 09:17 AM   #7
El-Gonzo Jackson
Living Legend
 
El-Gonzo Jackson's Avatar
 

Join Date: Feb 2008
Posts: 8,943
Member Number: 8264
Thanks: 253
Thanked 1,759 Times in 877 Posts
Default Re: Joey Porter faces foreclosure on Miami home

Theres a good ESPN 30 for 30 documentary on how most athletes squander their wealth.

One of the smartest guys I saw a story on was former MLB catcher Ernie Witt. His financial advisor setup an annuity that he and his family got $100,000 a year to live on and the rest of his MLB salary went to his bank and investments. Probably doesnt need to work for the rest of his life....unless he got divorced.
__________________
El-Gonzo Jackson is offline   Reply With Quote
The Following User Says Thank You to El-Gonzo Jackson For This Useful Post:
austinfrench76 (05-11-2013)
Old 03-19-2013, 09:18 AM   #8
jjpro11
Living Legend
 
jjpro11's Avatar
 

Join Date: Oct 2006
Location: Near Cleveland
Posts: 4,011
Member Number: 3559
Thanks: 0
Thanked 116 Times in 55 Posts
Default Re: Joey Porter faces foreclosure on Miami home

When you stop and think about it; it's not all that difficult to figure out why these athletes squander away their millions so often.

In the real world, to obtain the kind of wealth that star NFL players make, it takes intelligence. Dumbasses do not own multi-million dollar companies or hold executive positions. Yeah, sometimes they come off as dumbasses based on poor decision making in their private lives or in the workplace; but generally speaking, they are more often than not well-educated and intelligent people. They have the knowledge and education to handle their income in an intelligent manner.

With athletes, especially basketball and football, these guys lack the intelligence, education and upbringing that is necessary to obtain the kind of wealth they do. Most of them are brought up in shitty environments where common sense and intelligence is non-existent. Let's be honest, 99.9% of these players wouldn't be earning anywhere near what they are now without their athletic skills. They don't have the intelligence required to rise to that level in other workplace fields. You can hand them millions and millions of dollars, but they won't have any clue what to do with it. They think back to their roots, where the majority of their parents or parent never saved a dime and the attitude was spend, spend, spend without a care in the world. They are given more money than they ever dreamed of having, and now they don't know what to do with themselves. They also assume the monster paychecks will keep coming forever. They don't look far enough into the future at retirement until it's too late.

It's the same kind of thing that happens to lottery winners who blow it all. Most don't have the intelligence to actually earn that kind of money, yet they are handed it all at once and don't know what to do. They fail to realize they will not be handed that kind of money every single year, and spend beyond their means until it runs out.
jjpro11 is offline   Reply With Quote
The Following User Says Thank You to jjpro11 For This Useful Post:
zcoop (03-19-2013)
Old 03-19-2013, 10:33 AM   #9
Vis
In Hoc
Supporter
 
Vis's Avatar
 

Join Date: Mar 2007
Location: SC
Posts: 7,451
Gender: Male
Member Number: 5117
Thanks: 575
Thanked 4,451 Times in 2,264 Posts
My Mood: Yeehaw
Default Re: Joey Porter faces foreclosure on Miami home

Porter could have blown everything or he could just be deciding to let the bank have the house. We don't know if he owes more than it's worth.
__________________


All generalizations are dangerous.
Vis is offline   Reply With Quote
Old 03-19-2013, 10:40 AM   #10
LVSteelersfan
Living Legend
 
LVSteelersfan's Avatar
 

Join Date: Sep 2007
Location: Las Vegas, NV
Posts: 3,083
Gender: Male
Member Number: 6620
Thanks: 4
Thanked 328 Times in 226 Posts
My Mood: Cheerful
Default Re: Joey Porter faces foreclosure on Miami home

Stupidity is rampant among high paid athletes. I could live very well off the interest of just one of their million dollars they have squandered. He could have bought the house outright but why the heck do they feel they have to live in a mansion with three or four $100K+ cars? You can live in a very nice home for much much less than that. Whatever. This will never change because these people don't have the brains to deal with it.
__________________

COACH - Breakfast of Champions !!!
LVSteelersfan is offline   Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -5. The time now is 02:53 AM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Shoutbox provided by vBShout v6.2.1 (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging v3.0.8 (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Navbar with Avatar by Motorradforum
no new posts