Kosar files first income report since bankruptcy

Bernie Kosar, the former professional football quarterback who entered Chapter 11 protection on June 19, said in a court filing that his personal business income was $1,000 from the time he entered bankruptcy until the end of the month. The income came from an appearance on The Drew Carey Show. Kosar listed assets of $9.1 million against debt totaling $18.9 million. Kosar filed for Chapter 11 reorganization in Fort Lauderdale.

A filing in the bankruptcy of KHOC LLC, which holds Kosar's interest in the Florida Panthers, valued his 6 percent interest in the hockey team at $14.4 million. The team is reportedly close to being sold for $240 million.


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(miamiherald.com)