At the height of his NFL career, professional football player Terrell Owens was worth an estimated $70 million. However, in 2011, Owens told a judge in a Family Court dispute that a series of financial set backs had essentially left him broke. At the time, he was paying $125,000 a month in child support and mortgage payments to the four mothers of his four children.
The latest wrinkle in Terrell Owens’ money problems? A two week marriage that has already ended in claims that “T.O.” was trying to financially defraud new wife Rachel Snider into obtaining a mortgage and putting a down payment on a $2 million home.
According to reports, Snider, a Texas postal worker, secretly wed Owens at the end of January in California. She claims he was eyeing a house in Sherman Oaks, California and married her to obtain a loan for the house. On a past episode of The T.O. Show, Terrell revealed that he had no income and his credit score was a little over 500. Snider says Terrell only married her for money and credit score.
Speaking with TMZ, Rachel says:
I felt in love … and now I feel betrayed and heartbroken. I really valued his love and friendship for 5 years. Out of the love in my heart, I tried to help him. We had a secret relationship for 5 years and I married him for love.
Snider has already moved back home to Texas. So now what? It appears to be game off with the marriage, but whether this means divorce or an annulment is another question. In New Jersey, when one spouse seeks to have the marriage annulled, there are a number of grounds to choose from, one of which is fraud (bigamy and alcohol/substance abuse are some of the other grounds). During the annulment process, the petitioner must present the judge with compelling evidence to prove their ground.
Will Snider pursue an annulment? Time will tell. We will provide an update as soon as one becomes available.