You may remember Mark Brunell as the creaky old quarterback who Joe Gibbs brought in to run a mostly horizontal offense. You know, the guy the Redskins paid a third-rounder and $43 million for? You may also recall he filed for bankruptcy last year. Here’s how he lost his fortune, and then some:
“According to court filings, Brunell sank his fortune into nine businesses and enterprises, five of which are no longer in operation. Brunell is now the focus of no less than six lawsuits.
Among the biggest financial losers was a company called Champion LLC, which purchased high-end investment properties. But when the real estate market crashed, Brunell lost every cent of his investment and even more trying to cover the loans with his own money.
Another financial bust was Brunell’s investment in a Whataburger franchise. His entire investment was lost on that venture. In all, there are $24,729,766 in claims against the former Jags QB.”
Whataburger? If only he&rs...
Found November 01, 2011 on
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