Robert Swift was drafted 12th overall by the Seattle Supersonics in 2004, and, at the time, taking Swift straight out of high school seemed like a solid move, because the 2004 NBA Draft mostly sucked. Unfortunately, Swift’s career became a prime example of why the NBA wanted kids to spend at least a year in college, and it seems that Swift may have recently been reflecting on his decision to turn pro at 18 as a huge mistake.

Swift’s Washington mansion had been in foreclosure since last year, and a couple eventually purchased it at a fraction of the original price, but there was one notable problem with their desire to actually live in it – Swift refused to leave. Now, the once-promising center has finally left, and the couple faces a new problem – the mansion is a complete sh*thole. Literally.

Read the rest of this entry »

Former No. 1 draft pick and current unemployment rate contributor JaMarcus Russell is facing foreclosure on his Oakland home that is worth an estimated $2.4 million. According to TMZ, the codeine enthusiast is behind on his mortgage payments to the tune of $195,512.05 and he has three months to pay up or his home will be auctioned. I will bid on this house, but only if his fur coats are included.

Here’s what I don’t get, and I openly ask any of our millionaire readers to correct my ignorance – JaMarcus signed a deal worth $61 million when the Oakland Raiders made him the top pick in the 2007 NFL draft. $32 million of that deal was guaranteed, so how the hell does he even have a house payment for a $2.4 million home? Far be it for me to criticize the wealthy but as someone who appreciates not being homeless or having my credit destroyed, I just think it makes sense to pay the whole thing off up front.

But hey, what am I worried about? I’m sure the Washington Redskins will take care of his financial woes soon enough.

Side Thought: New JaMarcus nickname – Fail Whale. I think it has legs.