Blog Entry

Batch owes less to creditors now

Posted on: June 9, 2011 9:02 pm
Edited on: June 9, 2011 11:57 pm
Posted by Josh Katzowitz

In what I guess can be considered good news (in this situation, I mean), many, but not all, of Steelers QB Charlie Batch’s debts have been discharged in bankruptcy court.

Batch's Bankruptcy
That’s the word from the Pittsburgh Post Gazette, which reports that, though Batch still has to pay off his car loans and his mortgage, many of his other creditors can’t come after him for the money he used to owe them.

Batch filed for bankruptcy in December, and he listed $8.2 million in liabilities and $2.3 million in assets. He’s slated to make $865,000 in 2011, the final year of his contract with Pittsburgh.

He’s also one of the key NFLPA representatives trying to negotiate a new Collective Bargaining Agreement with the NFL owners.

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Since: Dec 2, 2011
Posted on: January 8, 2012 1:00 pm

Batch owes less to creditors now

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Since: Dec 2, 2011
Posted on: January 2, 2012 11:56 pm
This comment has been removed.

Post Deleted by Administrator

Since: Feb 27, 2008
Posted on: June 12, 2011 2:47 pm

Batch owes less to creditors now

redneck crackers

Your sort, I suspect.

Nice that you have resorted to insinuating that I'm a racist because you looked at my profile and realized I'm from the South.  Oh and by the way, insinuating I am a racist doesn't make me one, it just shows that you are.

Batch is still an idiot for blowing his money.

Since: Dec 1, 2009
Posted on: June 10, 2011 8:55 am

Batch owes less to creditors now

My last was intended for LURCHDOGGY.

Since: Dec 1, 2009
Posted on: June 10, 2011 8:53 am

Batch owes less to creditors now

Two differences between spendthrift, multimillionaire athletes like Batch and spendthrift, multimillionaire businessmen like the guys on Wall Street. (1) Nobody expects the jocks to act like they were born with a silver spoon in their mouths, nor most of them to have the faintest idea how to husband their money. The Lords of the Universe, Ivy Leaguers and MBAs that they are, for them we had higher expectations. (2) The jocks just lost their own money and the money lent them by other fools and profligates. The Wall Streeters lost OUR money, our CHILDREN's money, and THEIR grandchildren's money.

So, I'll save MY loathing, secondarily, for the high-flyers who bankrupted my country, and, primarily, for the vast legions of ordinary folk who so hate themselves that they look first for the people most like them to blame. Jocks, the lottery winners who PAID blood, sweat and tears for THEIR ticket to the American Dream. Union factory workers, who were voted out of their jobs by redneck crackers who long for the days when they can once again feel free to curtsy when the lady of the manor rolls on by in her sedan chair, Negro footman running alongside. Your sort, I suspect. 

Since: Feb 27, 2008
Posted on: June 10, 2011 8:36 am

Batch owes less to creditors now

I'll never understand the mentality these players have.  You come from nothing to being a millionaire.  Yet, as you can have a super-comfortable life and provide for your family and yourself for the rest of your life, you decide to blow it and end up in almost four times the debt as the assets.  The money he has blown is twice as much as I can hope to see in my lifetime.  If he's gonna blow that much, he should just write me a check for the amount he plans on pissing away this year.  So many of us that need it, yet the ones that have it would rather blow it than use it wisely.  Just amazing.

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