Sunday, December 22, 2024

Raiders coach Antonio Pierce subject to judgments of over $28M as wife files for bankruptcy

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Jocelyn Pierce, the wife of Las Vegas Raiders coach Antonio Pierce, filed for bankruptcy in the United States Bankruptcy Court for the District of Arizona on June 12. The schedules and statement of financial affairs required in the filing provide a detailed disclosure of the family’s financial status and history, including that Antonio, 45, is subject to judgments that amount to more than $28 million.

According to documents obtained by The Athletic, Jocelyn stated the lenders owed those judgments have attempted to satisfy their judgments from the couple’s assets. The motion goes on to state that two of those lenders — Nissan Motor Acceptance Corporation (holding a $23 million judgment) and Hyundai Capital America (holding a $4.5 million judgment) — recently attempted to garnish Antonio’s wages with the Raiders.

It was after those attempts that Jocelyn filed for bankruptcy to “protect her assets and those of the marital community,” according to the documents. The bankruptcy filing took place in Arizona because that’s where Jocelyn officially resides. She has been granted an extension until July 12 to “accurately gather all information concerning the community property while attending to her home and children.”

The Raiders hired Antonio as their linebackers coach in 2022. After former head coach Josh McDaniels was fired last October, Antonio was named interim head coach. Following a nine-game stretch in which the Raiders posted a 5-4 record, the former NFL linebacker, who retired in 2009 after a nine-season playing career, was hired as head coach in January.

The terms of Antonio’s contract with Las Vegas are unknown. A Raiders spokesman declined to comment for this story. Pierce’s agent also declined to comment.

In the bankruptcy filing, Jocelyn, who has been married to Antonio since 2008, stated her husband was convinced to become a “passive investor” in the car dealerships in the 2010s. According to the filing, personal guarantees were later produced that included his name. After several of the businesses he invested in defaulted on their loans, the lenders obtained judgments against their guarantors, which included Antonio.

In 2020, Antonio was listed as a defendant in a class-action lawsuit in Pennsylvania that claimed he, other players and multiple dealerships touted a “Set for Life Program” in 2018 despite becoming aware the businesses would not survive. It’s still listed as an open case.

On April 15, Hyundai motioned to dismiss an arbitration with the plaintiff, while Nissan stated that it had an arbitrator appointed.

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(Photo: Jeff Kravitz / FilmMagic)

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