Bernie Kosar files for Bankruptcy.....

Discussion in 'National Football League' started by NYCBillsFan, Jun 20, 2009.

  1. NYCBillsFan

    NYCBillsFan Well-Known Member

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    http://sports.espn.go.com/nfl/news/story?id=4272998&campaign=rss&source=NFLHeadlines

    Kosar files for Chapter 11


    Associated Press
    MIAMI -- Former NFL and Miami Hurricanes star quarterback Bernie Kosar has filed for bankruptcy protection in Miami.

    Kosar's Chapter 11 filing Friday lists assets between $1 million and $10 million and liabilities of between $10 million and $50 million.

    Kosar owes almost $1.5 million in "unsecured debt" to the Cleveland Browns, who he played for from 1985 to 1993. Kosar also owes his ex-wife Babette $3 million and $725,000 (from a personal loan) to the owner of the Cleveland Gladiators of the Arena Football League. He owes a bank more than $9 million for bad real estate deals.

    The 45-year-old Kosar got divorced in 2007 and last year saw his steakhouse go out of business.

    Kosar, who also played for Dallas and Miami, retired from the NFL in 1996.
     
  2. GBA

    GBA Well-Known Member

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    I do hate to hear about anyone get themselves into that type of situation and I hope for him only the best, but dear God I hate that fucker. Ignoring for a second that he's a massive asshole, sounds like he's permanently hammered (and might not just sound it), looks like he hasn't taken a shower in weeks, and hates on the Jets like they gang-raped his mother - I have to admit he's one of the most talented football analysts in the business. Dude can predict plays and make reads better than probably 95% of the QBs on the field. It's really incredible.
     
    #2 GBA, Jun 20, 2009
    Last edited: Jun 20, 2009
  3. NDmick

    NDmick Revis Christ

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    so he's from Cleveland?
     

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