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Terrell Owens

Another Day, Another Loss

... in Real Estate

12/22/2012 6:48 AM PST BY TMZ STAFF
EXCLUSIVE

1222_terrell_owens_launch
Desperate times call for desperate measures, especially for unemployed NFL star Terrell Owens -- who just unloaded his massive Georgia crib for waaaaaaaaaay under the asking price.

TMZ broke the story ... the wide receiver has been dropping real-estate left and right (thanks to his dwindling finances) and has already sold off condos in Dallas, Miami and Georgia.

The latest victim in his real-estate purge is a 7,694-square-foot pad outside of Atlanta, which he bought way back in 2000 (i.e. when he had a job with the San Francisco 49ers).

T.O. first listed the house in 2010 for $1.5 million, but didn't actually sell it until now ... when he was willing to let the place go for a measly $694,000 ... a.k.a LESS than half what he wanted.

It's a great deal (for the buyer) who gets 6 bedrooms, 8 baths, a home theater, basketball court, gym, rec room, decks, and a huuuuuge resort style swimming pool.

The lesson here: BUY HOMES IN GEORGIA!!!!!

For more sports stories, check out tmzsports.com!
31 COMMENTS

No Avatar
16.

dana    

Any athletes reading these comments, Please go to Daveramsey.com. He is a great financial advisor and has a radio program giving financial advise everyday. I donot work for him, only a fan of his :)

586 days ago
17.

cammy123    

its hard to feel sorry for celebs like him. Its sad that we r seeing a pattern of black athletes getting in trouble with the law, having money troubles because they don't know how to manage their money..

586 days ago
18.

Lisa    

He was on NFL Live on Friday and he was totally different. Not the selfish invisible person we have known him to be. He was so humble and even admitted his mistakes. There was no I, I, I or me me me. I couldnt believe this is the same TO

586 days ago
19.

jgood2u    

Sad comments considering he is not different than 90% of America. Athletes just have public lives. Most of America is 2 paychecks from broke. So stop the hate and check your own status.

586 days ago
20.

Toallthehatersoftheworld    

Nice home some of the decorating looks cheap

585 days ago
21.

Truth    

YEA, IMMA SURE THE MAINTENANCE COSTS AND PROPERTY TAXES COSTS MORE THAN $700K. BESIDES, THAT JOINT IS IN THE MIDDLE OF NOWHERE. CANT EXACTLY GO TO THE NEAREST STARBUX, MC D'S, OR WALK TO THE NEAREST CONVENIENCE STORE. THE NEW OWNERS MUST BE FROM THE COUNTRY... CUZ THAT'S HOW FAR YOU HAVE TO DRIVE TO DO ANY SH*T. #TRUTH!!

585 days ago
22.

NYCBlackMan    

I DONT FEEL BAD FOR HIM CAUSE HE WAS RUNNING AROUND THINKING HIS **** DIDNT STINK..........LOL! LET THAT BE A LESSON TO YOU A NASTY MOUTH AND SLEEPING WITH EVERY HOE COULD GET YOU POPPED! LOL! HOW UNINTELLIGENT ARE YOU TO HAVE SEX WITH TONS OF CHICKS WITHOUT PROTECTION?????? HE DUUUUUMB!

585 days ago
23.

EastCoastChopper    

These Atlanta McMansions are for the new money athletes that want all the cheezy bells and whistles that are not within their "budgets" in the Cali or Miami markets.

585 days ago
24.

Lou    

To all of you that are happy to kick a man while he is down are some evil @$$ people.... Regardless of how much money he had.... That shouldn't bring u pleasure. Worry about your own bank account not another mans.

Hopefully T.O can bounce back and pull through this tough period in his life.

585 days ago
25.

Shelly    

He had it built for $179,500 in 1998. That's the equivalent of a little over 248K today with inflation.

He got an extra 446K in the deal. Props to T.O.

How many of you losers commenting or the idiot that posted this article can make that much in one day. Try None!

TMZ FAIL and the mofo's dissing FAIL!!!!

585 days ago
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