https://patch.com/illinois/winnetka/for ... s-approval

I figured he was a multi millionaire but he has two places on the North Shore in foreclosure.

Sometimes it's cheaper to just let them go back to the lender.

That's how he can stay a multimillionaire.

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That's an interesting point. I suppose as long as you currently have a house or two that are not in foreclosure, well invested and have some spending money, conceivably, he could go the rest of his life without ever needing a loan. Perhaps he's a genius and this topic should go in the shout out section

https://www.bizjournals.com/sacramento/ ... close.html

Bad business decisions.

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Rick Hahn is the best GM in baseball.

Damaged credit, might still owe money if proceeds aren't sufficient, tax consequences, stigma to reputation. NFL player bankruptcy or financial problems is in the 70s%. The linked article said he's complained about CTE symptoms. Don't see the rosy picture you paint

I bet the percentage of athletes who purchase $350,000 Lamborghini’s during their playing career and ultimately end up broke is pretty high. Throw in a restaurant and it’s almost a sure bet.

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If we nominate Trump we will get destroyed & we'll deserve it.- L Graham
I’m going to enforce all laws concerning the protection of classified information. No one will be above the law.- DJT 2016
MAY THEY ROT IN HELL. AGAIN, MERRY CHRISTMAS!- DJT 12/25/23

He bought almost at the top of the market. I'm not surprised that he decided to let the places go if he's underwater and couldn't find a steady renter.

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"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal

He'll be bankrupt soon. It's sad.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

It is. Players going for life changing generational riches sacrificing their bodies and minds. You can’t really force savings or anything else but I’d like to see less of this.

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Lance Briggs is a regular with Julie & Maggie on football season remotes. That should have been a red flag something was wrong.

Lol wut

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Fool



Money


Always knew he was a dummy from hearing him speak. How is it even possible to have no equity in all these real estate transactions?

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You need to go immediately to the emergency hospital and have your brain scanned.

Yep. It’s the equivalent of a former actress webcaming with fans tips.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

I don't even think Virgil would sit in with those 2 for a quick check.

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That's my purse! I don't know you!

GoldenJet is right. If a bank is willing to make a non recourse loan (meaning they only hold the property as collateral and can’t go after other assets if he walks away), then it’s smart for him to default if he’s hopelessly under water.

I agree he’ll soon be broke, though.

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Bankruptcy can be a strategic move you know.

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If you have dough a bank isn't going to let you walk free n clear..there will be a judgement. I don't understand how a guy can buy property in good areas that has appreciated in value over the last 15 years and is upside down. I'm sure he's an idiot, I knew that after the Lamborghini in the Eisenhower and his BBQ restaurant. He must have taken out 2nd n third mortgages and that broke dick can't afford the taxes and mortgage payments. I don't feel sorry for him. Like urlacher, he was a hell of a football player that came across as a real dumbass Everytime I heard them speak.

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Sure..if you have a LLC and a failed business and you default. Residential? No chance. I know there are different chapters but he's going broke.

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

That's too bad. I liked him as a player (mostly) and he seemed decent enough in interviews and charity work.

No wonder he was willing to set between Julie and Maggie at a few remotes. Man really must be desperate

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“When I walked in this morning, and saw the flag was at half mast, I thought 'alright another bureaucrat ate it.'" - Ron Swanson

I wonder what the property taxes are on those two places.

If I remember correctly MJ's house is still for sale. Rich houses are tough to move. More expensive means fewer buyers.

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God is the uncaused cause of the universe. He had no beginning and has no end. He is not bound by the laws of the universe he created.

In Briggs early Bear's years. He was a post game on field interview. At the end the guy gives him a $20 gift card. Brigg's says "what am I gonna do with that? " Instead of being gracious, he was a prick to the guy on air.

Lots of ignorance in this post. Keep up the solid work 312.

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These financially illiterate athletes put faith in their shady advisors that lead them to risky investments that aren't transparent they can skim off of. They're not smart enough to build a diversified portfolio of low cost index stock and bond funds or ETFs at a discount brokerage, or no load mutual fund company.

MANY dumbasses. It was the Edens.

Or are you referring to his Porsche that crashed into a bartending school at 5:40 am?

http://www.fox32chicago.com/news/local/ ... ing-school

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"I honestly don't see a good bet on the board here."

Besides Ditka and Jordan , has any athlete ever had a good run as a restauranter in this city ? It’s such a ridiculous vanity investment . If they have such a jones to open up food establishments they should go the Junior Bridgeman route and open up McDonald’s or Wendy’s but then again you can’t pick up hot women in those kind of restaurants as the big shot owner can you ?

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

I know nothing about running a restaurant, but I know enough that you have to basically live there and watch over everything or you get robbed blind. The Greeks hire family and spend 18 hours a day in their joints..that's how they stay open.

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It was the Lamborghini I was thinking, he initially reported stolen..then thought better. I didn't know about the Porsche. Guy is an idiot.

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