Former Browns QB Bernie Kosar Files for Bankruptcy

Former NFL quarterback Bernie Kosar filed for Chapter 11 bankruptcy protection in Miami on Friday. In the filing, Kosar listed assets between $1 million and $10 million, and liabilities of between $10 million and $50 million.

Kosar owes millions of dollars, including nearly $1.5 to the Cleveland Browns, $725,000 to the owner of the Cleveland Gladiators team of the Arena Football League, and $3 million to his ex-wife. He also owes a bank more than $9 million for bad real estate deals.

Kosar divorced his ex-wife, Babette, in 2007. In 2008, his Miami restaurant - Bernie Kosar's Steakhouse - went out of business. The bankruptcy filing is just the latest in the former pro football player's string of bad luck.

Kosar played for the Miami Hurricanes in college, before going pro with the Browns, where he quarterbacked from 1985 to 1993. After playing for the Browns, he was with Dallas and Miami. Kosar retired from the NFL in 1996.