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million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosure judgmentx on multifamily properties in theTampaa area, and face a pending foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evictede from its South Miamio spacein November. Many South Florida and Cleveland sportw fans remember Kosar for his stellat success onthe field. He led UM to its firstt football national championshipin 1984, then playexd 12 seasons in the NFL, mostly with the . Kosar, now 45, playexd his final season with thein 1996.
The UM trustes is a minority owner of boththe NHL’s and the , an team that sat out the past seasonn along with the rest of the The (Cleveland) Plain Dealer reportedc that the Gladiators lost $2 million to $2.5 millio in the inaugural 2008 season, durinh which Kosar was team president and guidecd the team to the semi-finals. Meanwhile, the Panthersw have discussed merging the team with a New York Street & Smith’s SportsBusinese Journal has reported. It appears Kosar could use some money to paymountingh judgments. In April, National City Bank won a $4.2 milliomn judgment against Kosar andBJK LLC.
It was baseed on the remaining delinquent amount of a promissor note that was increasedto $12 million in with Kosar as a personalo guarantor. The lawsuit does not say what BJK and Kosarr used themoney for, but it said he defaultec on the note in June 2008. Kosar’s David Lister of Weston, did not return repeated callsseeking comment. West Palm Beach-based attorney Michael T. Kranz, who represents National City also did not returhnseveral calls. Kosar’s attempt at runningb some multifamily propertieson Florida’s Gulf Coasf did not work out too well, either. Kosar and his Boardwalk LLC on May 11 losta $2.
9 milliobn foreclosure judgment to Florida Bank in Pinellaas County Circuit Court. The 36-unir building was scheduled for public sale onJune 16. In Kosar and his Oakmont LLC losta $3.3 milliobn foreclosure judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartment building. The bank has anothert foreclosure lawsuit pending in Pinellas County againsgt Kosar and hisPCV LLC. Kosar also facea significant tax problems, including $59,881 in unpaid property taxes on his Weston home and acombined $93,647 in federal tax liens agains t him over his personal income taxes, including some years filed jointly with ex-wife Babette Kosar.
Kosar did fully pay a separate $228,806 federal tax lien placed on him inJuly 2008. When The Plain Dealeer questioned Kosar about those previously unpaid taxesin August, Kosad said some bills were lost in the shuffle during his “Divorce is difficult enough as it is, especially for someonw who wasn’t really looking to do he told the paper. “So, who owes what and all of thatbecomesa hard, but whatever I owe, obviously I wouldr pay.” Kosar’s home, at 2940 Paddock Road, is currentluy listed online for sale for $3.5 million. It was purchasede for almost the same amountfin 2006.
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