NBA player is latest athlete to face housing market struggle

Denver Nuggets guard Allen Iverson is offering a $1 million break on his Villanova, Pa., home. The 14,000-square-footer has six bedrooms, his-and-hers marble bathrooms, a 12-seat movie theater, pool house and four-acres of land. But after at least a year on the market, Iverson and his wife, who bought the house together in 2003, have generated little interest. The price is down to $3.9 million. So get out those checkbooks.

Coach says Ed Johnson won’t play this week, following incident

Super Bowl-winning coach Tony Dungy (above) says the Colts’ Ed Johnson won’t suit-up this week following Johnson’s drug arrest early Wednesday. Cops say Johnson was pulled over for speeding in Indianapolis about 1 a.m. and was later charged with marijuana possession. The lineman was released on bond from the Hamilton County Jail. Team management says the incident will be further investigated to determine if any action is taken. The NFL says the matter will also be reviewed under the league’s substance abuse policy.

Puncher hit with claim of contract violation. At this rate, Floyd “Money” Mayweather could wind up known as Floyd “Need A Loan” Mayweather. First, he had $7 million in jewels stolen from his house and now he’s the target of a lawsuit. A Florida real estate dealer says the boxing standout wiggled away from an $8 million property purchase after signing a contract stating that his company put $1.7 million into escrow toward the buy. But the developer claims Mayweather never properly established the account before trying to move into the spot. Mayweather’s being sued for damages and costs associated with the seller’s having taken the property off the market.

The former NFL player was killed in his Miami-area home last year.

It had been set for this month, but the trial of four men accused of murdering NFL star Sean Taylor won’t happen until next year. A judge on Friday set a new trial date of March 3, 2009. Prosecutors say the suspects shot the Washington Redskins safety last November during a robbery attempt at his home in the Miami area. One of the five suspects, 20-year-old Venjah Hunte, has pleaded guilty. The other four have pleaded not guilty and could get life in prison if convicted.