A former Pro football player says a bad construction deal at the worst possible time sent him spiraling into debt that led him to file for bankruptcy last week.
He made his first comments on the situation to Tampa Bay Times columnist and said he was motivated to file for bankruptcy with $6.7 million worth of debt because he didn’t want to go to jail.
He estimates he grossed about $60 million during his playing days, primarily with the Tampa Bay Buccaneers, and now he’s reduced to not much. It’s a little hard to believe one failed investment project, building homes in Fort Pierce, Fla., broke him. But that’s what he explains.
Since, he’s become the butt of plenty of jokes. He claims he’s lost not only his Super Bowl XXXVII ring but also his ring he earned as a member of a national championship team at the University of Miami. Losing one ring? OK. Losing two rings? Come on. They’ve really been misplaced?
He states that he thought he handed it to someone at the Super Bowl.
Prior to the bankruptcy news, he never publicly asked for anyone to assist him in a search for his missing jewelry.
He says he may be down financially but he’s not letting it keep him down. He promises that he will never go to jail.
In legal documents, he did claim 240 pairs of Nike shoes and a painting of a naked woman as assets.
Unfortunately, he looks a little bare right now as a man with public and real financial issues.
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