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#1
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mark brunell, you have got to be kidding me
Jets Quarterback Mark Brunell's Catastrophic Financial Path | ThePostGame
you have been in the league 100 years and your'e broke? Although he has a better playoff winning percentage than Peyton Manning, 18-year NFL quarterback Mark Brunell is facing a financial nightmare. Action News Jacksonville reports the current Jets backup and former Jaguars hero has managed to run through $50 million as an active player and will have to start a 9-to-5 job as soon as his NFL career is over. And that will be soon. Brunell plans to retire from the Jets after this season and, because of his financial misfortunes, will have to become a regular working stiff. Bankruptcy filings show Brunell has a job lined up to work as a medical sales representative after he's done holding a clipboard in New York. Brunell, originally a fifth-round selection by the Packers in 1993, was twice traded for third-round picks, first in 1995 when the Packers traded him to the expansion Jaguars and again in 2004 when the Jaguars traded him the Redskins. He won a Saints world championship ring as Drew Brees' backup with the Saints in Super Bowl XLIV. He also started two AFC title games with the Jags. Mark Sanchez's current backup and one of New York coach Rex Ryan's favorites is appearing more in bankruptcy court than on the field these days, according to the Jacksonville TV station. Brunell, 40, blew all his money with lousy investments into nine businesses -- more than half of which are already closed. His most ponderous financial disaster was in Champion LLC, a company that invested in high-end real estate properties. That may have worked out great had the housing market not soured over the course of Brunell's NFL career. He also invested in a Whataburger fast-food franchise, and ended up losing every penny he invested and even more according to financial documents. Brunell attempted to cover the loans with his own cash. If that's not harsh enough, the three-time Pro Bowl quarterback is facing six lawsuits. Brunell is on the hook for a whopping $24.7 million, according to the litigation. Ken Ruettgers, a former Green Bay Packers lineman and Brunell teammate who is now working to help ThePostGame brings you the most interesting sports stories on the web. Follow us on Facebook and Twitter to read them first! retired players who are down and out, claims a majority of athletes have trouble very soon after hanging up the pads. "It's something like 78 percent of former NFL players, two years after their last game, are either bankrupt, divorced, or unemployed," Ruettgers told WAWS-TV. Brunell holds the NFL single-game record for most consecutive completions with 22 in a row with the Redskins against the Texans in 2006. Last edited by be47320; 11-01-2011 at 06:54 PM. |
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#2
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Some guys just aren't financially responsible.....it's a shame
__________________
2011-'12 CollegeBB: 228 - 232 - 8, +6.92 units 2011-'12 CollegeBB 5*** plays: 21 - 10 - 0 2011-'12 NFL: 79 - 77 - 2, +3.62 units 2011-'12 NCAAF: 57 - 49 - 0, +4.34 units2009 NFL Best Handicapper Contest Runner Up Last updated:3/17/12 @ 10:58 pm |
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#3
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didn't even know was still in the league
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#4
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how did he lose money with a whataburger franchise? it is a thriving chain
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#5
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the 9 to 5 thing sounds ridiculous, surely he can be a coach or a commentator
Last edited by be47320; 11-01-2011 at 07:09 PM. |
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#6
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yeah you would think...the best commentators are usually players that sucked for most of their careers
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#7
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sad......for some reason Im glad they didnt say he snorted it up his nose or gave it to two bit whores...or had twenty kids
__________________
Kentucky Football: WE SUCK--FIRE JOKER NOW Kentucky Basketball...NCAA CHAMPS New Orleans Saints: UH OH Cincinnati Reds: LONGSHOT @ WORLD SERIES-Fire Dusty |
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#8
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Couldnt picture this happening to brunell.. must've been an easy target vulnerable to a good sales pitch. kid i met thats a financial advisor w/ massmutual graduated from BC got an appointment with matt ryan - one of many that he took. im sure these guys get approached for business 'ventures' by every walk of life tough to decipher the legit from the phonies
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#9
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Wow, that is so sad!
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#10
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I don't get it. Must be greed. Would you not take 20% of what you made and lock it into to something with a low yield but no risk so you are guaranteed some kind of retirement if nothing else works out???? Just stupid.
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#11
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a local radio host tells a story of one time being in brunell's car and lying down in the floor of the passenger seat was a check for 100gs. the guy gave it to brunell and he was like..oh yea there it is, i didnt know where i put it. just shows you how careless or stupid the guy was when it came to his money..guess when you have so much you prob dont think it'll ever run out.
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#12
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difficult to feel sorry for anyone who fukked away money he shouldn't have made in the first place
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#13
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whatashame $50 mil pissed away.
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#14
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Quote:
__________________
2011-'12 CollegeBB: 228 - 232 - 8, +6.92 units 2011-'12 CollegeBB 5*** plays: 21 - 10 - 0 2011-'12 NFL: 79 - 77 - 2, +3.62 units 2011-'12 NCAAF: 57 - 49 - 0, +4.34 units2009 NFL Best Handicapper Contest Runner Up Last updated:3/17/12 @ 10:58 pm |
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#15
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Keep in mind his pension! He gonna be just fine. 9 to 5 my ass.
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2011-'12 CollegeBB: 228 - 232 - 8, +6.92 units
2011-'12 NFL: 79 - 77 - 2, +3.62 units
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