Clinton Portis files for Bankruptcy

[SolidSnake84]

Ex-NFL RB Clinton Portis files for bankruptcy amid $5M debt | New York Post

I remember all the comments about how "Portis' Pockets Straight", back in the day. Guess it isn't true. I didn't like him his final few years here, but i sort of feel bad for him. He was a good football player but when you would hear him talk, it was evident he was not very intelligent. Very sad case really. He owes 500,000 to his own mother, and over 400,000 dollars in unpaid child support to four women. He made more than 42 million in his NFL career, but he obviously blew his money and made bad investments. I do sort of blame his handlers and all the people who were leeching off of him.

He has like no future really, he can't go into broadcasting or announcing, i wonder what he will do. Maybe the skins give him some kind of job here helping out so at least he can earn an income....

[That Guy]

he does radio and sideline reporting, and he has spots on csn too, it won't pay off $5m though.

[Chief X_Phackter]

Originally Posted by SolidSnake84

Ex-NFL RB Clinton Portis files for bankruptcy amid $5M debt | New York Post

I remember all the comments about how "Portis' Pockets Straight", back in the day. Guess it isn't true. I didn't like him his final few years here, but i sort of feel bad for him. He was a good football player but when you would hear him talk, it was evident he was not very intelligent. Very sad case really. He owes 500,000 to his own mother, and over 400,000 dollars in unpaid child support to four women. He made more than 42 million in his NFL career, but he obviously blew his money and made bad investments. I do sort of blame his handlers and all the people who were leeching off of him.

He has like no future really, he can't go into broadcasting or announcing, i wonder what he will do. Maybe the skins give him some kind of job here helping out so at least he can earn an income....

I'm sorry, but I am not sure you can tell how "intelligent" a person is by the way he talks. Dude obviously made some bad decisions with his money, including trusting people he should not have, but that doesn't make him unintelligent. Naïve...yeah...

[Schneed10]

Originally Posted by Chief X_Phackter

I'm sorry, but I am not sure you can tell how "intelligent" a person is by the way he talks. Dude obviously made some bad decisions with his money, including trusting people he should not have, but that doesn't make him unintelligent. Naïve...yeah...

Just by saying that I can tell you're not very intelligent.

Of course you can tell that from the way someone speaks.

[MTK]

Definitely not the first athlete to have this problem.

Why does he have no future? I've seen him on NFL Network and other outlets doing broadcast work.

[SolidSnake84]

Originally Posted by MTK

Definitely not the first athlete to have this problem.

Why does he have no future? I've seen him on NFL Network and other outlets doing broadcast work.

I just mean that he isn't going to make enough doing that to pay off all of his debts

[SolidSnake84]

Originally Posted by SolidSnake84

I just mean that he isn't going to make enough doing that to pay off all of his debts

The best thing he could probably do is attempt an NFL comeback, but i'm not sure how that would work because he sued the NFL in the concussion lawsuit. I think he would probably make a good backup RB, and he for sure was a beast in pass blocking, but i'm not sure at 34 would he have the work ethic to keep in shape and attend practice. He would not be babied on another team like he was here. But, i think if you sign him at veteran minimum he would not be any risk.

[That Guy]

Originally Posted by SolidSnake84

The best thing he could probably do is attempt an NFL comeback, but i'm not sure how that would work because he sued the NFL in the concussion lawsuit. I think he would probably make a good backup RB, and he for sure was a beast in pass blocking, but i'm not sure at 34 would he have the work ethic to keep in shape and attend practice. He would not be babied on another team like he was here. But, i think if you sign him at veteran minimum he would not be any risk.

he's way to old now and probably out of football shape. you saw how well cooley's comeback went.

[MTK]

Originally Posted by SolidSnake84

I just mean that he isn't going to make enough doing that to pay off all of his debts

He won't have to, that's why he filed for bankruptcy.

[skinsfan69]

I know a few things about CP and his gambling habits so I'm not surprised. I don't think CP is a dummy but he made some real bad decisions.

[skinsfan69]

Originally Posted by SolidSnake84

Ex-NFL RB Clinton Portis files for bankruptcy amid $5M debt | New York Post

I remember all the comments about how "Portis' Pockets Straight", back in the day. Guess it isn't true. I didn't like him his final few years here, but i sort of feel bad for him. He was a good football player but when you would hear him talk, it was evident he was not very intelligent. Very sad case really. He owes 500,000 to his own mother, and over 400,000 dollars in unpaid child support to four women. He made more than 42 million in his NFL career, but he obviously blew his money and made bad investments. I do sort of blame his handlers and all the people who were leeching off of him.

He has like no future really, he can't go into broadcasting or announcing, i wonder what he will do. Maybe the skins give him some kind of job here helping out so at least he can earn an income....

You have to remember that agent fees and taxes takes probably half. So now you're talking 21 million. Certainly a lot of money but when you have gambling issues, numerous babies and baby mom's to take care of, homes and car notes, insurance on all that, plus the life style...travel, jewelry. Then you add in a bad investment or two...that 21 million can go real quick.

[That Guy]

Originally Posted by skinsfan69

You have to remember that agent fees and taxes takes probably half. So now you're talking 21 million. Certainly a lot of money but when you have gambling issues, numerous babies and baby mom's to take care of, homes and car notes, insurance on all that, plus the life style...travel, jewelry. Then you add in a bad investment or two...that 21 million can go real quick.

sounds like a long list of poor choices and life decisions. If you have 21 million, make sure you don't spend more than 21 million (or whatever the number is). he had money, he should have gotten a good accountant and planned ahead. it's not like he didn't know NFL careers are short.

[OmahaRedskins]

He was on ESPN980 and explained what happened. It's a sad deal.

[over the mountain]

Originally Posted by OmahaRedskins

He was on ESPN980 and explained what happened. It's a sad deal.

Yeah, I heard that radio segment as well.

1. He said he bought his mom a house paid in full. Then someone took out a mortgage/loan on it that he didnt even know about and the mortgage/loan defaulted. Czabe pressed him saying "how can you be responsible for a loan you didnt even sign or see?" ... portis said that is what he is fighting right now.

I am guessing only the people named on the home's title could take out a loan, im guessing his mom took out a loan on the house.

2. casino investment went wrong. apparently lots of star athletes on this deal but clinton was named as "primary" or something like that. he said he was the lead guy bc he was making money back then .... he is currently suing the investment dealer guy.

sad to see but not unexpected. money goes quick.

[Chico23231]

Originally Posted by over the mountain

Yeah, I heard that radio segment as well.

1. He said he bought his mom a house paid in full. Then someone took out a mortgage/loan on it that he didnt even know about and the mortgage/loan defaulted. Czabe pressed him saying "how can you be responsible for a loan you didnt even sign or see?" ... portis said that is what he is fighting right now.
I am guessing only the people named on the home's title could take out a loan, im guessing his mom took out a loan on the house.

2. casino investment went wrong. apparently lots of star athletes on this deal but clinton was named as "primary" or something like that. he said he was the lead guy bc he was making money back then .... he is currently suing the investment dealer guy.

sad to see but not unexpected. money goes quick.

The ultimate trifling move. This is why some people don't deserve shit. Probably went to the government for a handout modification afterwards.