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Report: Brunell attempts to buy rings back

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By PFW staff

Mark Brunell, who originally filed for Chapter 11 bankruptcy last June, has reportedly filed a bankruptcy reorganization plan to buy back some of his football memorabilia.

According to the Florida Times-Union, Brunell is looking to purchase his 2010 Super Bowl ring and his 1991 college national championship ring. The proceeds from purchasing his rings back would be partial payments to his creditors. The reorganization plan was filed in U.S. Bankruptcy Court in Jacksonville on Monday.

The memorabilia has an estimated value of $16,300, but it's not clear where Brunell would get the money to buy it all back. Brunell also asked for three Rose Bowl rings, two watches and "miscellaneous helmets and jerseys, memorabilia and shotguns."

Brunell signed a two-year deal with the Jets in 2010, but not only is the second year of that deal not guaranteed, neither is a season in 2011 because of the current NFL lockout. The filing said that Brunell's "future income is highly uncertain."

The quarterback originally filed for bankruptcy after two failed business partnerships, one with a real estate development company called Champion LLC and the other was a partnership that invested in 12 Whataburger restaurant franchises.

The filing also mentioned "it is possible that the 2010-2011 season may have been his last."

Brunell, 40, has been in the league for 19 seasons, most notably nine with the Jaguars. He has thrown for over 32,000 yards.

 

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