Get updates delivered to you daily. Free and customizable.
New York Post
Wife of Raiders coach Antonio Pierce files for bankruptcy
By Jenna Lemoncelli,
4 days ago
Raiders head coach Antonio Pierce was named in his wife’s bankruptcy filing, which states he was a guarantor of judgements that equal more than $28 million, in Phoenix on June 12.
Pierce, whom the Raiders hired as the organization’s full-time head coach in January, invested millions in car dealerships in the 2010s that defaulted on the couple’s loans, according to court documents posted on X by sports law reporter Jason Morrin on Tuesday.
Jocelyn Pierce — a realtor who married the former Super Bowl champion linebacker — claims she did not sign any personal guarantee on the loans.
NEW: Jocelyn Pierce, wife of Raiders Coach Antonio Pierce, files for bankruptcy.
Per the filing, Mr. Pierce invested in car dealerships that defaulted on their loans. He was named as a guarantor of judgments = over $28M. Lenders now seek to satisfy judgments from marital assets. pic.twitter.com/Eiw5QRA3VY
In the filing, Mrs. Pierce requests an extension of time to file proper documents, as “the Debtor was forced to file quickly and with little preparation to protect her assets and those of the marital community from Mr. Pierce’s judgment creditors.”
Pierce was named a guarantor of judgements from Nissan Motor Acceptance Corporation for $23 million and Hyundai Capital America, which is holding a $4.5 million judgment, according to the report.
Both companies recently attempted to garnish Pierce’s wages, per the documents.
“In the 2010s, My Pierce was convinced to invest in car dealerships,” the court documents, which were filed in the United States Bankruptcy Court For the District of Arizona, read. “Despite his role as a mere passive investor with no oversight or management of the businesses’ affairs, Mr. Pierce was asked to sign various documents. Although the Debtor has no direct knowledge of the events, personal guaranties were later produced bearing Mr. Pierce’s name.
In the filing, Mrs. Pierce requests an extension of time to file documents required by Rule 1007(b)(1):
"The Debtor was forced to file quickly and with little preparation to protect her assets and those of the marital community from Mr. Pierce’s judgment creditors." pic.twitter.com/7xk5rOII5e
Antonio Pierce and his wife Jocelyn in May 2024. Instagram Raiders head coach Antonio Pierce on the sideline during the first quarter of a game against the Giants at Allegiant Stadium in Las Vegas on November 5, 2023. Charles Wenzelberg/New York Post
“When several of the businesses defaulted on their loans, the lenders obtained judgements against the businesses’ and Mr. Pierce as a guarantor. The Debtor is informed that these judgements amount to more than $28,000,000.”
Pierce, a Super Bowl-winning linebacker with the Giants in 2008, and his wife have yet to publicly address the situation.
The Raiders removed the interim head coach title off of Pierce and hired him full-time in January after he took over for Josh McDaniels.
Head coach Antonio Pierce of the Las Vegas Raiders attends a news conference during mandatory minicamp at the Las Vegas Raiders Headquarters/Intermountain Healthcare Performance Center on June 13, 2024 in Henderson, Nevada. Getty Images https://www.instagram.com/p/C14mzHZr27d
Pierce led Las Vegas to 5-4 record to end the 2023 season following McDaniels’ dismissal.
Get updates delivered to you daily. Free and customizable.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Most Popular
Comments / 0