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Raiders coach Antonio Pierce faces a fine of more than $28 million as his wife files for bankruptcy

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

According to documents obtained by The AthleticsJocelyn stated that the lenders who owed these judgments have attempted to extract their judgments from the couple’s assets. The motion further alleges that two of these lenders – Nissan Motor Acceptance Corporation (with a $23 million judgment) and Hyundai Capital America (with a $4.5 million judgment) – recently attempted to garnish Antonio’s wages with the Raiders.

It was after these 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 Jocelyn officially lives there. She has been granted an extension until July 12 to “accurately gather all community property information while caring for 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. After 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 spokesperson declined to comment for this story. Pierce’s agent also declined to comment.

In her bankruptcy filing, Jocelyn, who has been married to Antonio since 2008, said her husband convinced her to become a “passive investor” in the car dealerships in the 2010s. According to the filing, personal guarantees were later provided with his name on them. After several companies he invested in defaulted on their loans, lenders obtained judgments against their guarantors, including Antonio.

In 2020, Antonio was listed as a defendant in a Pennsylvania class action lawsuit alleging that he, other players and multiple dealers promoted a “Set for Life program” in 2018, despite becoming aware that the companies were not would survive. It’s still listed as an open case.

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

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(Photo: Jeff Kravitz / FilmMagic)