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Terrell Owens

Unloads Another Condo

For Massive LOSS

11/24/2012 5:58 AM PST BY TMZ STAFF

More bad news for unemployed NFLer Terrell Owens ... TMZ has learned the former football star took a major hit on his Georgia condo ... selling it off for nearly HALF of what he paid for it.

T.O. -- whose finances have taken a turn for the worse as of late -- has been dumping his real-estate collection right and left (both his Miami and Dallas condos were already sold) ... and now he finally unloaded his 1,060-square-foot Atlanta crib.

The deal wasn't so great for T.O. -- he purchased the pad back in 2005 for $324,600 and then listed it in 2011, where it sat on the market for over a year. He finally unloaded it earlier this month for a mere $180k.

But it's a steal for the new owner ... the cool digs is rockin' 2 bedrooms, 2 baths ... and primo amenities like a 24/7 concierge service, rooftop pool, fitness center, yoga studio and a club room -- with Xbox & Playstation.

Maybe T.O needed a little less "Call of Duty" and little more time with the pigskin.


For more sports stories, check out tmzsports.com!

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Wow. Poor owens i hope he gets his finances in order really soon. I'm praying for you guy.

698 days ago


Dont worry TO, ...its just material garbage in the end of things.

698 days ago


A 300,000 home with just two bedrooms? Wow

698 days ago

Truth is    

A fool and his money soon part.....no fool like an old fool!!!

698 days ago


I am so over him. He is a dead beat dad (admitted on his show that he doesnt even know his 4 year old kid) and an arrogant prick. Had he a better personality like Shaq or Michael Strahan, maybe he could have turned his career into an on-air hosting gig. Too bad he is unlikeable.

698 days ago


Here are some of the top reasons players go broke: 1) Scammed 2) Bad investments 3) Divorce and Child Support 4) Try to operate a business 5) Drugs 6) Have to many children with multiple partners (also listed in Number 3) 7) Using the wrong advisors 8) Investing to much into real estate 9) Getting into trouble with the LAW 10) Stupidly..It still is amazing to me however how you can make millions of dollars and end up broke or filing bankruptcy. Maybe someone should be asking the NFL who is a 400 Billion Dollar company why they have no programs or training or assistance to better help the players make better decisions.

698 days ago


All he had to do was be a good boy, listen to the coaches and he would be playing football and making millions. Now, Walmart associate is looking pretty good.

698 days ago


Things can be replaced. He'll find a way to make it through this tough time.

698 days ago


Mid management of money and poor chives in so call friends... So sad...

698 days ago


I just love it when jerks like this get what's coming to them.

698 days ago

Celebrity Tampon    

I love it! Karma is a beach, huh T.O.? That POS should rot on hell.

698 days ago

Peter Popoff    

People that wish bad on others wonder why they are lonely and have nothing... Not talking about T.O

698 days ago


He was on top of the world once. Abandoned his children and probably wonders why the sky is falling? Dumb jock. I hate dumb jocks.

698 days ago

Phishie from Philly    

I guess spending 50k at a night clubs, having all those kids, buying real estate foolishly, being such a jerk on & off the field wasn't such a good idea now!
Phishie from Philly

698 days ago


Only a drooling idiot would make that kind of money and then blow it all. Soon he'll be asking people if he can supersize their order. What a dope.

698 days ago
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