Las Vegas Raiders head coach Antonio Pierce has found himself entangled in financial woes following his wife Jocelyn Pierce’s bankruptcy filing in Arizona, where she alleges he invested in car dealerships that defaulted on $28 million in loans. According to documents filed on June 12 in US Bankruptcy Court and obtained by DailyMail.com, creditors such as Nissan Motor Acceptance Corporation and Hyundai Capital America are seeking to garnish Antonio’s wages from his coaching position with the Raiders.
Jocelyn Pierce initiated the bankruptcy filing to safeguard her assets, citing the need to protect herself from creditors pursuing joint property. She has been granted an extension until July 12 to compile information regarding the couple’s community property since their marriage in 2008.
In her filing, Jocelyn asserts that Antonio was a passive investor in multiple car dealerships during the 2010s. However, when these businesses defaulted on substantial loans, lenders presented documentation indicating Antonio Pierce as a guarantor for the debts incurred.
The case surfaced publicly through disclosures made by labor attorney Jason Morrin, though a representative for Jocelyn Pierce declined immediate comment to DailyMail.com.
Antonio Pierce, a former NFL linebacker who transitioned into coaching, has faced scrutiny over financial matters before, including legal disputes over investments and business dealings. His involvement in the bankruptcy filing underscores ongoing challenges in his personal financial landscape amid his high-profile role in professional football.