Mark Brunell, the three-time Pro Bowl quarterback who as a backup in 2009 for the New Orleans Saints won a Super Bowl, planned to file for Chapter 11 bankruptcy
protection Friday, the apparent result of a string of failed real-estate investments.
. . .
Brunell, who has made nearly $52 million during an NFL career spanning more than
15 years, told The Times-Union he had for years covered the group's loan payments as it sought a resolution with its creditors.
"In the end, we couldn't, and I am no longer able to shoulder this burden," Brunell said.
I'm not especially familiar with his financial investments, but find it interesting and a small amount of annoying that Brunell can discharge his debts and will continue to have relatively valuable assets not available to typical college and graduate students.
I don't mean to imply that Brunell is gaming the system or taking inappropriate advantage of bankruptcy laws, but it's disconcerting to realize that he has the option when a lot of underwater lawyers and other post-graduates aren't currently able to walk away from their poor investments.
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