Antonio Brown’s bankruptcy could be thrown out after the ex-NFL star was accused of failing to disclose assets in court, In Touch can exclusively report.
According to court documents obtained by In Touch, the court-appointed trustee presiding over Antonio’s Chapter 11 objected to his proposed repayment plan.
The trustee said, “[Antonio] has failed to disclose his pre-petition [transfer] of property and his interests in various entities, has not timely or adequately complied with debtor reporting requirements, and cannot establish that his Plan is feasible.”
In the filing, the trustee accuses Antonio, 36, of failing to disclose that he transferred three properties before filing for bankruptcy.
The trustee also said Antonio “appears to be the owner of multiple social media handles … which are estate assets that the debtor failed to disclose on his scheduled.” In addition, the trustee said Antonio’s X page, formerly known as Twitter, has a link to a website that sells products with Antonio’s likeness.
On top of that, the trustee said Antonio has failed to timely file his operating reports in the bankruptcy for September 2024 and October 2024.
The filing also noted, “Several adversary proceedings remain pending against the Debtor concerning the dischargeability of debts.”
Further, the trustee told the court, “the financial information disclosed by [Antonio] is contradictory.”
They added, “[Antonio] stated his gross monthly income was $39,166.67 with monthly expenses of $27,868.09, but his operating reports only show a single $200 deposit in June 2024 and two $15 debits in July 2024 and August 2024. There is no explanation provided in the operating reports where the additional $195,663.35 of income was deposited or spent, and there is no detail for the purported $139,310.45 of expenses stated on [Antonio’s] schedules. It is impossible to determine which, if any, of the documents filed by [Antonio] honestly depict [Antonio’s] financial status.”
They continued, “[Antonio’s] failure to disclose transactions and report accurate financials evidence that [Antonio] did not propose the Plan in good faith and necessitates denial of confirmation.”
Antonio has yet to respond.
As In Touch previously reported, Antonio filed for bankruptcy in May. In his petition, he listed liabilities over $3 million. The ex-NFL star pulled in over $80 million during his career.
In his filing, Antonio revealed his debts as $1.2 million owed from a civil lawsuit, a potential six-figure sum owed to a jeweler, $300,000 to a marketing firm, $170,000 to a law firm, $168,000 to American Express and $100,000 in various other debts.
As In Touch first reported, as part of the bankruptcy, Antonio was sued by jeweler Zul Nantambu.
Zul demanded a judgment he was awarded against Antonio not be wiped clean in the bankruptcy. In his lawsuit, Zul said he loan Antonio a custom made pendant, and a diamond cut Cuban link chain for Antonio’s “social media photo ops and video reels.”
Zul said Antonio was to return the items on May 18, 2022.
Zul claimed Antonio gave him the run around but never returned the items. He sued Antonio and was awarded a $123,000 judgment.
A final judgment of $968,000 was entered but vacated due to a procedural issue. Zul asked that the $123,000 owed not be discharged. Antonio denied all allegations of wrongdoing and asked that Zul’s petition be dismissed.
