Mark Brunell files bankruptcy

Cheesey
Preferred Member Topic Starter

13 years ago

I read that he is 25 million in debt with 5 million in assets.
It still amazes me how a person can make the kind of money he has, and have to file.
I mean, if you JUST put the money in the bank and don't spend it, you would be set for LIFE.
But it sounds like bad investments did him in

Let's see.......i make MILLIONS each year.....that's not enough! I'll INVEST!!!
Just boggles my mind.
I could live the rest of my life off what he made in ONE season.

Wanna join the discussion?! Login to your PACKERSHOME forum account or Register a new forum account

cheeseheads123
Member

13 years ago

Hate hearing this. Ive always been a fan of his

djcubez
Senior Member

13 years ago

Wait, isn't he still on a roster?

I honestly don't know if I should feel bad for people like this. On one hand, many pro athletes don't receive any financial counseling or advice leaving them prone to lots of high-spending. Also, when you have a lot of money it becomes a lot easier to spend and can disappear a lot faster through taxes, insurance, etc.,

But I really don't see what's so hard about having a savings account and not spending/investing any more money than you have. I myself have a savings account, two checking accounts and a wad of cash I hide my room in case the credit system collapses 😃

Formo
Veteran Member

13 years ago

"djcubez" wrote:

So.. where do you live djcubez? lol

Yeah, this is hard to imagine.. You're right though.. It's easier to lose that much money because of poor spending habits and lack of financial counseling. And sometimes what's even worse is how some players think they have a person hired to help them with their money.. they get taken for a ride and lose money. Or when they invest into something for their retirement and it goes south.

Each athlete's case is different, though.

Thanks to TheViking88 for the sig!!

djcubez
Senior Member

13 years ago

"Formo" wrote:

"djcubez" wrote:

Yea, add that to the fact that when you have money, people will stop being genuine to you in the hopes that they can get some. Plus, how many players do you see buy homes for their parents, cars for their women, and sport an expensive entourage?

nathaniel
Registered

13 years ago

I've never understood the "money manager" thing. It seems to me that most of the celebrities/athletes that get into some kind of money trouble end up blaming and suing their money managers. I'm very good at looking after my own money, thank you very much. I know exactly how much money is in my account at all times, no matter how many (or how few) zeros are at the end of the number.

blank

IronMan
Veteran Member

13 years ago

What a dumbass.

Zero2Cool
Elite Member

13 years ago

I've never received financial counseling. Never made a million in a year and I'm not filing for bankruptcy. I'm willing to bet there's millions of people just like me that didn't make a few dozen million dollars in a decade or two and are doing just fine as well.

Pack93z
Select Member

13 years ago

Just an illustration of the greed in this country.. here is a guy that made enough money to be set for life and then some.. but wanted more.

So he invested the money, unwisely apparently, in order to do just that.

When you have made the bankroll in which you are set for life, why gamble it on higher risk investments in order to make more?

Never ceases to amaze me how greed can cloud a persons judgment.. or maybe I am wired differently and never had to have the toys/riches to stack up against another.

Life is to short to gamble it away.

"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"

TheEngineer
Registered

13 years ago

#10

Too bad, so sad.

That's why investments are not riskless. Lesson learned.

blank

Important Information:

The PACKERSHOME uses cookies. By continuing to browse this site, you are agreeing to our use of cookies. More Details Close

Fan Shout

Zero2Cool (22-May) : Christian Watson believes he has discovered the root cause his soft-tissue leg injuries

Zero2Cool (22-May) : Savage played last half of season with tear in rotator cuff

Zero2Cool (22-May) : SISSIES!!!!

Mucky Tundra (22-May) : Sounds like both Kraft and Tom were injuried before OTAs began

buckeyepackfan (22-May) : Not serious but waiting for strength and conditioning coach referwnces.

buckeyepackfan (22-May) : Tom and Kraft both injured(pectoral muscle),

Zero2Cool (20-May) : I feel similar about person and product/service.

beast (17-May) : Not sure why a players views reflect on GB... instead of simply on the player

Martha Careful (17-May) : I bet some of us have had 6+ mRNA jabs, a UKR flag on our walls, and still think Fauci has a thread of integrity

Zero2Cool (16-May) : From what I've read, it's all Jets , not us.

CanPackFan (16-May) : Will there ever be a time when Rodgers' whacko views will not reflect on GB? He is the past, thank god.

Zero2Cool (16-May) : Jan 4th gonna be rough with that start time lol

Zero2Cool (16-May) : Packers schedule listed. Boom.

buckeyepackfan (15-May) : Let the leaks begin. Colts @ Packers week 2, Vikings @ Packers week 4

Zero2Cool (14-May) : WR Marquez Valdes-Scantling to Bills

Zero2Cool (14-May) : Jets and Aaron Rodgers open up on Monday Night Football,

Zero2Cool (13-May) : $170 guaranteed. This might impact Jordan Love

Zero2Cool (13-May) : Lions are signing QB Jared Goff to a four-year, $212 million extension

Zero2Cool (13-May) : I know we moved on. That tidbit just makes me a touch happier.

Zero2Cool (13-May) : Sources spoke of many, many times last summer where Hackett called a play, then Rodgers changed it completely at the line

Martha Careful (10-May) : 1. this is true of all our linemen. 2. His run block is fine. 3. If all OL played like he has, we would win SB.

beast (10-May) : Meyers pass blocking is really good, his run blocking is really not.

Zero2Cool (9-May) : Packers have claimed DE Spencer Waege off of waivers from the 49ers and waived DT Rodney Mathews.

Zero2Cool (9-May) : And the OL protections seem to be good.

Zero2Cool (9-May) : I really don't know lol. I don't see him getting blown up.

Zero2Cool (9-May) : -3 buwahhhahaaha

Mucky Tundra (9-May) : 4th

Zero2Cool (9-May) : because he's 1st

Mucky Tundra (9-May) : Myers isn't even the 3rd best C on the roster atm

Martha Careful (9-May) : I am not sure I understand the Myers hate. He was consistently our third best lineman. RG and LT were worse.

beast (9-May) : Just saying I don't think moving Myers would help Myers.

beast (9-May) : Center is usually considered the easiest position physically if you can handle the snap stuff.

Mucky Tundra (8-May) : Bust it is then

Zero2Cool (8-May) : Context. Sounds like Myers won't be cross-trained. C or bust.

Mucky Tundra (8-May) : @BookOfEli_NFL Packers pass game coordinator, Jason Vrable said that Jayden Reed and Dontayvion Wicks shared a placed in Florida while train

Mucky Tundra (8-May) : For now...

Zero2Cool (8-May) : Packers go about evaluating their "best five," OL coach Luke Butkus makes on thing clear: "Josh Myers is our center."

beast (8-May) : Though I'm a bit surprised letting go of CBs, I thought we needed more not less

beast (8-May) : It was confusing with two DB Anthony Johnson anyways

Zero2Cool (8-May) : Packers actually had Ray Lewis on the phone.

Zero2Cool (8-May) : Packers wanted to draft Ray Lewis. Ravens stole him.

Martha Careful (6-May) : Happy 93rd Birthday to the Greatest Baseball Player of All-Time...Willie Mays

Zero2Cool (6-May) : Walter Stanely's son

buckeyepackfan (6-May) : and released CB Anthony Johnson and DL Deandre Johnson and waived/injured WR Thyrick Pitts (thigh-rick).

buckeyepackfan (6-May) : The Green Bay Packers have signed WR Julian Hicks, OL Lecitus Smith (luh-SEET-us) and WR Dimitri Stanley

Zero2Cool (6-May) : Petty, but it's annoying me how the NFL is making the schedule release an event.

Mucky Tundra (4-May) : @mattschneidman Matt LaFleur on how he tore his pec: “Got in a fight with the bench press. I lost.”

Zero2Cool (3-May) : Jordan Love CAN sign an extension as of today. Might tak weeks/months though

TheKanataThrilla (3-May) : Packers decline 5th year option for Stokes

Mucky Tundra (3-May) : @ProFootballTalk Jaylen Warren: Steelers' special teams coach has discussed Justin Fields returning kicks.

Please sign in to use Fan Shout

2024 Packers Schedule

Friday, Sep 6 @ 7:15 PM

Eagles

Sunday, Sep 15 @ 12:00 PM

COLTS

Sunday, Sep 22 @ 12:00 PM

Titans

Sunday, Sep 29 @ 12:00 PM

VIKINGS

Sunday, Oct 6 @ 3:25 PM

Rams

Sunday, Oct 13 @ 12:00 PM

CARDINALS

Sunday, Oct 20 @ 12:00 PM

TEXANS

Sunday, Oct 27 @ 12:00 PM

Jaguars

Sunday, Nov 3 @ 3:25 PM

LIONS

Sunday, Nov 17 @ 12:00 PM

Bears

Sunday, Nov 24 @ 3:25 PM

49ERS

Thursday, Nov 28 @ 7:20 PM

DOLPHINS

Thursday, Dec 5 @ 7:15 PM

Lions

Sunday, Dec 15 @ 7:20 PM

Seahawks

Monday, Dec 23 @ 7:15 PM

SAINTS

Sunday, Dec 29 @ 12:00 PM

Vikings

Saturday, Jan 4 @ 11:00 PM

BEARS