Tags: daunte culpepper | foreclosure | florida | home

Daunte Culpepper Foreclosure Costs Ex-QB His Florida Home

Image: Daunte Culpepper Foreclosure Costs Ex-QB His Florida Home

By    |   Thursday, 18 Jul 2013 08:08 AM

Daunte Culpepper, the former NFL quarterback, had his million-dollar Florida home foreclosed on.

The 1999 first round draft pick, who holds the seventh best single-season passer rating, surrendered his 10,000-square-foot home to SunTrust Bank in April after the bank filed a lawsuit against the former pro athlete in February, citing a $3 million debt that was not being paid, the South Florida Business Journal reported.

Culpepper purchased the house in 2006 while he was signed with the Miami Dolphins. He reportedly paid $3.6 million for the large single family, which according to the real estate website Trulia.com contains five parking spaces as well as a pool and spa.

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During his 10 year career in the NFL, in addition to quarterbacking on the Dolphins, Culpepper also played for the Minnesota Vikings, Oakland Raiders and Detroit Lions.
Plagued with injuries, the two-time All-Pro signed with the Vikings in 2003 for a $102 million, 10-year contract that included a $16 million signing bonus, the South Florida Business Journal reported.

The contract was later reworked to $51.5 million through 2013 after he was traded to the Dolphins in 2006, where he received a $7 million signing bonus.

Culpepper finished out his career on the gridiron in 2010 in the United Football League, a second tier professional football league in the U.S., where he played one season for the Sacramento Mountain Lions.

Records show Culpepper still owns another home in the suburb of Weston, Fla., the Associated Press notes.

SunTrust is reportedly not pursuing damages against Culpepper's other assets.

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Daunte Culpepper, the former NFL quarterback, had his million-dollar Florida home foreclosed on.
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2013-08-18
Thursday, 18 Jul 2013 08:08 AM
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