The Pittsburgh Tribune Review did some digging into Steelers QB Charlie Batch’s bankruptcy case, and the paper is reporting that court documents show a Murraysville, Pa., group can begin seizing some of Batch’s property, including two Super Bowl rings, to recover the money Batch owes them.
The property, the paper writes, is valued at about the same as his debt (the assets of his living trust, a personal watercraft, federal income tax refunds, jewelry and sports memorabilia).
Like Jets QB Mark Brunell before him, it seems that Batch fell victim to the real estate market, as his company had 25 properties turned over to a court-appointed receiver. When he filed for bankruptcy, Batch listed $8.29 million in liabilities and $2.3 million in assets.
Batch is scheduled to make $865,000 this year in the final year of his contract with the Steelers. He also is one of the key NFL players in the continued labor negotiations.
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