Clinton Portis files for Bankruptcy

[MTK]

RB is a young man's position, nobody would want him at this point.

[TheMalcolmConnection]

Not to say I don't need to lose a few (or dozen) LBs, but Portis was looking a little chunky last time I saw him on TV. Typically it seems like the skill players get fat post-football and the linemen get all skinny.

[That Guy]

a lot of those linemen aren't naturally chunky and are basically force feeding themselves. the ones that want to live past 60 do the smart thing and ditch the extra weight.

[metalskins]

Mark Brunell also wound up filing for bankruptcy a few years back as well.

[That Guy]

brunell got suckered into a bad real estate investment scheme of some kind. he talked about it on 980 a while back, but i forget the details.

as for his mom's house, if he paid it in full and signed it over to her (bad move), then someone could trick her into signing a mortgage and the house could be taken without his signature or involvement, and he could be trying to fight it as predatory.

i don't really care enough to look into it.

[SolidSnake84]

Originally Posted by That Guy

brunell got suckered into a bad real estate investment scheme of some kind. he talked about it on 980 a while back, but i forget the details.

as for his mom's house, if he paid it in full and signed it over to her (bad move), then someone could trick her into signing a mortgage and the house could be taken without his signature or involvement, and he could be trying to fight it as predatory.

i don't really care enough to look into it.

Mark Brunell, Tony Boselli, and some other former NFL players were talked into buying a derelict strip mall near downtown Jacksonville with the intention of developing it, etc.. This was right before Jacksonville's famous "depression" where basically real estate became worthless and the city itself flirted with declaring bankruptcy.

Anyway, long story short, some of the other players defaulted on making their share of the mortgage payments, leaving Brunell to attempt paying the loan with his own funds. Keep in mind that the building was never developed, it was basically abandoned. Brunell did it for as long as he could, but eventually declared bankruptcy. It was his business that went bankrupt, not him. I understand that he got to keep his cars, houses, etc, it was just his company (that also owned a chain of whataburger locations) that went belly up.

[That Guy]

thanks for the info.

[SolidSnake84]

Wanted to update those who cared about the Portis situation. He is now close to being evicted, and on official documents he listed that he has only $150.00 in his checking account. Even though I was not a big Portis fan, this is still sad.

Clinton Portis Close To Being Evicted; Owes $6500 In Back Rent, Only Has $150 In Checking Acct | Total Pro Sports

[Irrefutable]

I would think his teammates would take care of him. Does he have a job ?

[NC_Skins]

Originally Posted by Irrefutable

I would think his teammates would take care of him. Does he have a job ?

Why would they do that when he made the type of money he did?

[ForkLifter]

Considering that certain debts are not dischargeable in bankruptcy (i.e. child support, federal tax liens), Clinton looks like he's going to have some difficulty moving forward. I'm sure he can get some relief in his custody case based on his new income, but the liens normally don't go away.