You may remember Mark Brunell as the creaky old quarterback who Joe Gibbs brought in to run a horizontal offense. You know, the guy the Skins paid a third-rounder and $43 million for? You may also recall he filed for bankruptcy. Well, now we know exactly 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’d gone Five Guys. (Dan Snyder wishes the same.)
It’s a sad story, but it does partially explain why Brunell is still playing in the NFL. At 41, five years removed from being washed up with Washington, he’s Mark Sanchez’ backup in New York. Doesn’t explain how though.