Good Morning
Good Morning

Batch in bankruptcy

Pittsburgh Steelers quarterback Charlie Batch, center, New York

Pittsburgh Steelers quarterback Charlie Batch, center, New York Jets fullback Tony Richardson, right, and former NFL player Pete Kendall arrive for talks on the NFL labor deal. (Feb. 21, 2011) Credit: AP

Steelers backup quarterback Charlie Batch has been a major presence in labor talks with the NFL, and it turns out the negotiations could have a significant impact on his own financial well being. 

According to the Pittsburgh Post-Gazette, Batch is in bankruptcy, and a judge has ruled that a Murrysville, Pa. group can seize some of his personal property, including the two Super Bowl rings he won with the Steelers. 

Per the newspaper: U.S. Bankruptcy Court Judge Jeffery A. Deller lifted an automatic stay on Friday, giving Primerock Real Estate Fund LP the choice to collect on its $820,000 claim against Batch by seizing property he put up as collateral to secure the debt.
The property, valued at about the same amount as the debt, includes Batch's interest in a Munhall house, the assets of his living trust, a 2006 Kawasaki personal watercraft, federal income tax refunds and sports memorabilia and jewelry. The list of items Batch provided to the court includes two Super Bowl trophies and rings, several jerseys signed by other Steelers and an autographed Mario Lemieux jersey.

It's another sad case of an NFL player failing to rein in his expenses and now paying the price by facing the possibility of losing just about everything. Batch indicated in court documents that he plans to retain the property and make payments. Let's hope he can square things away and move on with his life. Sadly, the reality is that he won't be the last professional athlete to run into financial issues. 

New York Sports