Mark Brunell plans to file for Chapter 11 bankruptcy protection Friday, the apparent result of a string of failed real-estate investments.
Among them was a partnership called Champion LLC that included Brunell and former Jaguars teammates Joel Smeenge and Todd Fordham.
"The timing of the group's real-estate acquisitions at the height of the real-estate market, in hindsight, clearly was not good," Brunell said in a statement e-mailed to the Florida Times-Union.
Brunell has made nearly $52 million during an NFL career spanning more than 15 years.
Brunell Will File For Bankruptcy