Business

Super Bowl champion Antonio Brown is nearly $3M in debt, files for bankruptcy: report

Antonio Brown is a former NFL player who spent 12 seasons in the league. A sixth-round pick by the Pittsburgh Steelers, he also played for the New England Patriots and Tampa Buccaneers. Reports indicated that he earned $80.7 million during his career.

His career ended bizarrely when he took off his jersey and left in the middle of his last game for the Buccaneers in January 2022. In April 2023, Brown took ownership of the professional indoor football team Albany Empire. His inability to pay the National Arena League’s operating costs led to the club’s expulsion from the league shortly after he took charge.

Also, players and coaches threatened to sue him after he allegedly removed their final-game paychecks from their bank accounts, according to Bleacher Report. His financial situation worsened when a warrant for missed child support payments led to his arrest in October 2023.

On May 15 this year, Brown filed for bankruptcy in the United States Bankruptcy Court of the Southern District of Florida. Per the filing, he claimed almost $3 million in debt to eight creditors, according to the Bleacher Report. In addition, he claimed $50,000 or less in assets.

His debts include $1.2 million he was ordered by a court to pay Florida truck driver Anton Tumanov after he failed to appear in court for an assault case in 2022. He also owes a contractor nearly $29,000. The contractor worked for him at a concert in March 2023.

According to the Bleacher Report, he disclosed in his bankruptcy filing that he further owes money to a marketing firm that had sued him in 2021 for allegedly failing to pay commission on more than $2 million in earnings.

Brown has filed for Chapter 11 bankruptcy, which allows businesses and individuals to reorganize assets to pay creditors in the future, according to the platform.

Abu Mubarik

Abu Mubarik is a journalist with years of experience in digital media. He loves football and tennis.

Recent Posts

Angela Tabiri: Meet the Ghanaian now holding the ‘World’s Most Interesting Mathematician’ title

Angela Tabiri, a young mathematician from Ghana, has been named the World’s Most Interesting Mathematician…

4 hours ago

LeBron James is the first self-made billionaire to compete in the Olympics

This year’s Paris Olympics will see the participation of over 10,000 athletes, and over a billion…

5 hours ago

Why the highest-paid receiver in NFL history doesn’t want to live in a luxury mansion

Despite being the highest-paid receiver in NFL history, Minnesota Vikings star Justin Jefferson avoids unnecessary…

6 hours ago

The fortune of Olympic superstar Simone Biles has little to do with gymnastics

Simone Biles is one of the most iconic and dominant athletes in the world of…

6 hours ago

New photo evidence vindicates man who was imprisoned for nearly 40 years

Paul Clark Jr. was found guilty of first-degree murder in 1987 following the death of…

9 hours ago

He began his lessons at 3, now he is U.S.’ best hope of gold in taekwondo at the Olympics

Carl Alan Nickolas Jr. aka C.J. Nickolas is determined not just to compete but to…

14 hours ago

Chris Brown sued for $15M as he lands in another controversy after Texas show

Chris Brown is already facing a $50 million lawsuit that was filed by four men…

14 hours ago

Oprah Winfrey and Gayle King respond to rumors about being lovers

Best friends Oprah Winfrey and Gayle King are inseparable. The pair first met about 50…

15 hours ago

Elon Musk’s transgender daughter speaks out after he said she was ‘dead’

In her first interview, Elon Musk’s transgender daughter Vivian Jenna Wilson accused the South African-born…

16 hours ago

Meet the highest-paid Black athletes at the Paris Olympics

On Friday, July 26, 2024, over 10,000 athletes will converge in Paris for the opening…

18 hours ago

I feel violated and ashamed – Nurse thrown out of restaurant over her outfit

A Louisiana nurse was thrown out of a high-end steakhouse in Baton Rouge for allegedly…

19 hours ago

Meet Myeshia Mizuno, who just became the first Black woman to run a primetime game show

Myeshia Mizuno is the first Black woman to run a network game show, having taken…

1 day ago

Woman makes history buying entire Baltimore waterfront block

Dr. Vonnya Pettigrew is the CEO of Root Branch Media Group (RBMG). She recently achieved…

1 day ago

‘We’re looking at a miracle’: Alabama baby celebrates first birthday after being given a 1% chance to live

Herron Abney III, affectionately known as Tripp, is defying all odds despite being told he…

1 day ago

How white women are rushing to support Kamala Harris

Vice President Kamala Harris' campaign recently revealed that it raised a record $81 million in…

1 day ago