All Articles Tagged "Terrell Owens"
Whether it’s living outside of your means, making a bad business deal or trusting the wrong people to handle your finances, things can happen that might leave you in the red. It’s very easy to assume a person who we think “has it all” is living free of issues when in fact they could very well be on their last. Here’s a look at some successful people who at one time lost it all. Luckily many have bounced back, though some continue to go through the fire.
Do you think they are to blame, or is it on their accountant?
Check out the trailer for “When The Checks Stop Coming In,” the latest from Moguldom Studios. And purchase this new documentary, click here.
A lot of controversy has followed famed football player Terrell Owens. Following 15 turbulent years with the NFL Owens’ football career is currently in limbo, but the outspoken wide receiver isn’t standing still. In the twilight of his career, he told Forbes he’s ready to put on his “entrepreneurial hat” and venture into business.
This might come as a surprise to some as Owens has been plagued with financial troubles and bad investments. Earlier this year he was hit with a $244,000 tax lien. Then there was his recent divorce from Rachel Snider, who claimed Owens only married her in a quickie wedding for her money. But he says he’s learned from trusting the wrong people with his money.
“Throughout my career, I thought I’ve had some people who had my best interest at heart, but they had ulterior motives,” said Owens, now 40. “…Sometimes it’s a hard pill to swallow but by the grace of God, I’m still able to understand that I’ve established a little bit of a brand for myself, and there’s more opportunities and revenue streams out there. There’s more to me than just being a football player.”
Owens is seeking to get into various sectors, among them technology, apparel, fitness and home décor.
Last year he hooked up with Jon Orlando, the Director of Talent Relations at Hang W/, to become involved with the live social streaming app and he is currently a shareholder. “A celebrity-driven mobile platform that counts 50 Cent (Curtis Jackson) as one of its investors, Hang W/ allows its users to live broadcast from anywhere, anytime, up to 15 minutes. For verified users, the broadcast time expands to a full hour,” reports the magazine.
On top of this, Owens just did a DVD workout video in partnership with Tristar Products. It features an all-in-one workout machine called The Rack, which combines 10 machines into one. Owens is also working with Beverly Hills, California-based sports agency, Relativity Sports, to promote his philanthropic endeavors, such as his T-shirt and apparel lines. He had a soft launch of his inspirational “What T.O. Do” campaign for women’s tees, which he wants to expand to kids in the 7-to-18 age demographic.
Maybe he will have some business prowess when he appears on Celebrity Apprentice in the fall.
Sounds like Owens may be ready to put football aside.
“Being a professional athlete, you know that at some point, you’re not going to be an athlete forever,” he said. “You start to think about post career and obviously, with some of the pitfalls I’ve been through and some of the ups and downs, it really enabled me to buckle down and really be on top of my financial portfolio and be involved from that aspect.”
Beauty is in the eye of the holder and for these celebs who have jungle fever, they see no color when it comes to dating someone outside of their race.
Perhaps best known as magneto in the blockbuster franchise X-Men, Michael Fassbender knew he wanted to be an actor since he was 17 years old. His first role came in the television miniseries “Band of Brothers.” The German-Irish actor has been romantically linked to actress Nicole Baharie and Leasi Andrews. He also dated Zoe Kravitz for several years. Recently rumors were sparked last month when the 12 Years a Slave actor was spotted hugging and kissing supermodel Naomi Campbell while dining at a London restaurant.
Tags:Alfre Woodard, Brad Pitt, Bradley Cooper, Chris Noth, eve, Garcelle Beauvais, Jamie Foxx, jennifer aniston, justin chambers, Kerry Washington, lark voorhies, mark paul gosselaar, maya angelou, mike tyson, robin givens, Sanaa Lathan, serena williams, sharon leal, Terrell Owens, venus williams, Zoe Saldana
It looks like former NFL star Terrell Owens is facing more financial hardship. According to TMZ, the athlete-turned-reality-star has been hit with a hefty tax bill to the tune of $244,000.
Court documents reveal that Owens owes $244,391.52 for unpaid income taxes from 2012. This of course, isn’t the first time the troubled ex-athlete has found himself in trouble with Uncle Sam. Between the years of 2005 and 2009, he reportedly racked up $430,000 in back taxes. He just finished up paying that lien off back in 2013.
It’s unfortunate that after playing 15 seasons and earning over $80 million, Owens has almost nothing to show for it. He credits his financial plight to his poor judgement when it comes to trusting people.
“It’s not a matter of having lived too large—he was never the type to stockpile Ferraris or build himself a compound; the flashiest car he ever drove was a Mercedes, and while he indeed racked up a few homes that cost as much as $4 million, the only crib he classifies as even mildly sick by pro-ball standards was the one he bought in Atlanta to live in during the Philly off-season,” a 2012 GQ profile on Owens reads.
The problem, he says, is that he’s by nature too trusting, loyal to a fault, despite everyone’s carping that he’s selfish. It’s the sad old stereotypical song of the up-from-nothing black athlete: He let other people take care of things. He says his financial advisers (informally recommended by Rosenhaus) put him in a series of risky, highly leveraged ventures that he didn’t discover until autumn 2010, when he finally demanded a full accounting.”
So far, reps on behalf of Owens have yet to comment on the lien.
Celebrities continue to prove they’re regular people just like the rest of us, unfortunately in some of the worst ways possible. When it comes to these celebs with child support drama it took a judge to get them to cough up cash for their kids. Were they to blame or were the mothers of their children asking for too much?
Nas was happy to take himself off of the market and marry singer Kelis but that marriage soon went up in flames. In December 2009, the Queensbridge rapper was ordered to pay the R&B singer $51,000 a month in alimony and child support, but the bad economy worked in Nas’ favor and 13 months later he was able to convince the judge that his payments should be lowered. Even though at one point Nas was in arrears and owed Kelis more than $300,000 in back child support, the judge agreed to lower his payments to $20,000 a month in alimony and $5,000 in child support.
Kenya Moore, Terrell Owens And Keshia Knight Pulliam Reportedly Cast To Star In New Season of ‘Celebrity Apprentice’
NBC is gearing up to announce which celebs have been cast to star in the 2014 season of “Celebrity Apprentice,” but it looks like a loose-lipped snitch may have already spilled the beans.
According to TMZ, former child star Keshia Knight Pulliam will be appearing on the show along with “Real Housewives of Atlanta” star Kenya Moore and “Real Housewives of Beverly Hills” star Brandi Glanville. Brandi and Kenya being added to the cast actually makes a lot of business sense considering that the two are already a part of the NBC Universal/Bravo family. What’s interesting, however, is that the two haven’t always seen eye-to-eye in the past. During Kenya’s first season of RHoA, Brandi went on record referring to Kenya as desperate following the Walter Jackson fiasco.
“The whole ‘I want to get married, I want to get married’ thing is not hot for anyone to say,” Brandi said in a 2013 interview before adding that Kenya “reeks of desperation.”
It’ll be really interesting to see how the two Bravo stars interact on the show. It has also been reported that troubled athlete Terrell Owens will be appearing on the 14th season of the competitive reality show alongside Kate Gosselin and Geraldo Rivera.
NBC has yet to confirm whether or not the casting speculations are true.
Does this sound like an interesting lineup to you?
Either times are really, REALLY hard for Terrell Owens, or he’s just content living a very trifling life. And considering that he just got a child support discount from the mother of his daughter, Dasha, under the conditions that we would actually spend time with their child, AND his soon-to-be ex-wife claims he married her for her money, we’re thinking it’s the latter.
According to TMZ, even though Rachel Snider allegedly wanted to split because she felt that Owens was using her for her money, and trying to get a loan from her so that he could finance a million-dollar home in California, Owens was the one who filed for divorce, and he did so on Valentine’s Day. And while she also says they were married for two weeks, in the divorce papers, Owens says it was really only three days, from January 23 to the 26th. According to TMZ, the couple had a five-year relationship that Owens kept on the low, until he secretly married her in late January and word spread. Of course, after their split, news also broke that Snider tried to commit suicide because of her heartbreak.
While they have no shared property together from their uber-short marriage, according to court documents, Owens wants Snider to pay for his lawyer fees and court costs for the divorce proceedings. It’s unclear why he is asking her to do this (maybe he thinks since she’s the one who wants to divorce, she should pay up), but it might have a lot to do with the fact that T.O. isn’t working. Though word is, at 40, he thinks he can still play in the league, and if a team will have him, he’d like to go back to collecting that NFL money:
“They brought up my age when I was 35, 36 and I’m still in just as good shape as I was then. Jerry (Rice) played until he was 42. At 39, I ran a 4.43 40-yard dash. You look at the number of dropped balls and the way guys are playing now and you can’t honestly say I can’t do better.”
But no matter what his work prospects are looking like, his private life is looking quite the mess.
Mom Of One Of Terrell Owens’ Kids Says She’ll Give Him Discount On Child Support–If He Actually Visits His Child
According to TMZ, one of the mothers of Terrell Owens’ four kids says she’s willing to give him a break on child support payments, under the condition that he visit the daughter he hasn’t really made many efforts to see.
According to TMZ, in new court documents, Melanie Smith has made a deal with Owens that will help the troubled former NFL star reconnect with his daughter, Dasha. While he is supposed to pay $2,250 each month for the young girl (she is between 8 and 9, but Owens and Smith have been doing battle over child support since 2011, AND Smith was also one of the women who confronted him on Dr. Phil), Smith is willing to deduct the cost of travel for Owens to see his daughter from his monthly child support payments. According to TMZ, if he travels to Georgia and spends at least six hours with Dasha, he can take take the costs of that out of the $2,250 he owes next month. However, under the terms of the agreement, he can only receive this discount three times a year, and can’t use it more than once a month.
I would hope that something like this wouldn’t be necessary to make someone want to be with the human being they brought into this world, but whatever it takes to get him to his child, I guess…
What do you think of their agreement?
Drama just seems to follow Terrell Owens wherever he goes. We already told you how the former football star’s wife of two weeks (now three) filed for divorce last week, claiming Terrell only married her for money and used her so he could get a loan to finance a $2 million dollar home in Sherman Oaks, CA. Though he denied those claims, he has an even bigger issue on his hands now. According to TMZ his new bride, former postal worker Rachel Snider, has reportedly been hospitalized after a suicide attempt.
Apparently Rachel moved back to Texas just days after she decided to leave Terrell a week ago and she’s reportedly been in the hospital ever since. Sources close to the new Mrs. Owens say the cause is a suicide attempt. Tweets from Rachel add more proof to the pudding. When a friend asked her if she was OK or sick on Twitter February 11, she replied that she was suffering from a broken heart. She told another follower that same day that she was “a little broken down.”
What follows those remarks are a series of Tweets about God and attempts at clearing up misinformation that’s been published about her and her relationship with Terrell, which prove Rachel’s short-lived time in the spotlight has been weighing on. So far Terrell Owens hasn’t commented on this news, but we’re hoping the best for Rachel.
Two weeks ago, we told you about Terrell Owens marrying former postal worker, Rachel Snider from Texas. It seemed like their nuptials came out of no where. And as soon as it came, it’s leaving just as fast.
TMZ Sports learned that Snider is already demanding a divorce…again, after just two weeks. Rachel has already moved out and plans on filing as soon as possible.
If you’re thinking this story is fraudulent, Snider herself told TMZ that she believes Terrell only married her for money and used her so he could get a loan to finance a $2 million dollar home in Sherman Oaks, CA.
Snider said, ” I felt in love…and now I feel betrayed and heartbroken.”
TMZ was unable to reach Terrell for comment…
Is anyone else wondering if these two ever dated, let along got married?