Jerry Rice suing buyers of mansion

Dec 6, 2011 - LegalZoom News Sources
Jerry Rice recently filed a lawsuit against the buyers who were suppose to purchase his California mansion.

Hall of Fame wide receiver Jerry Rice is suing the buyers set to purchase his Northern California mansion, after they allegedly backed out of the deal last minute.

According to court documents obtained by TMZ, Rice alleges the prospective buyers of his Atherton, California, home did not close the deal in time, and he's asking to keep the $330,000 deposit placed on the home and retain possession of the mansion.

The buyers allegedly signed a contract in which they agreed to close the deal on the house by July 15, 2011, or else they would have to forfeit the $330,000 deposit, TMZ reported.

Forbes ranked Atherton, California, as the No. 2 most expensive U.S. ZIP code in 2010, and Rice's home is no exception, with a listing price of $11 million.

The home has six bedrooms, 11 bathrooms, a gym and movie theater in addition to many other amenities, TMZ reported. Rice was also willing to include some of the items he already had in the home, such as a treadmill, pilates machine and two animal print chairs.

Rice was inducted into the Pro Football Hall of Fame in 2010 and was voted No. 3 all-time by the website Pro Football Reference.