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by 222 svsb svsb trswGE (2013-10-08)

NFL star Kosar files for bankruptcy

Former NFL star Bernie Kosar, dogged by financial and legal problems tied to his real estate and restaurant businesses, filed for bankruptcy protection yesterday in Florida.

Kosar, 45, a former Miami Hurricane and NFL quarterback, filed for Chapter 11, which is generally used by companies to reorganize.

The filing listed Kosar's largest unsecured creditors, owed a combined $19.5 million.

Among them: the Cleveland Browns, [url=]cheap nfl jerseys[/url] a team he quarterbacked from 1985 to '93, owed nearly $1.5 million; exwife Babette, who divorced him in 2007, $3 million; and Jim Ferraro, owner of the Cleveland Gladiators, an Arena Football League team, $725,000.

Other major unsecured creditors include Tampa's Florida Bank, owed about $9.7 million over some sour real estate investments, and Key Bank of Cleveland, owed $3.1 million.

The filing marks a hard [url=]wholesale nfl jerseys[/url] fall for Kosar, who excelled in the NFL with the Cleveland Browns [url=]wholesale nfl jerseys[/url] before ending his career with the Miami Dolphins in 1996. Last year, his Bernie Kosar's Steakhouse went out of business.

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