Santana Moss’ Financial Woes Owes; IRS And His Mansion Is In Foreclosure
The former University of Miami Hurricane great was signed to a three-year, $15 million contract with the Redskins in July that also included a $5 million signing bonus. So it is surprising that Duetsche Bank, representing a mortgage-backed securities (MBS) trust, would allege that Moss has gone into default on a mortgage issued for $3.64 million in 2006.
Further compounding his trouble, the IRS filed a $258,017 tax lien in November in Broward County Circuit Court against Moss. It concerned his taxes from 2006.
It has been a rough year on the field for the former Pro Bowl player. Not only did his Redskins miss the playoffs, but Moss missed four games with a broken hand. However, he was coming off a 2010 campaign where he caught a career-high 93 passes for 1,115 yards and six touchdowns.
With the proceeds of his successful career, Moss bought the 9,304-square-foot home for $5.2 million in 2006. County records show that he maintains his homestead on the property, indicating that it is his primary residence.
Now the speedy Moss will be challenged with the task of slipping by his lender and maintaining possession of his house.