The Facts:
McAllister filed for Chapter 11 bankruptcy protection Tuesday for a Nissan dealership he owns in Jackson, Miss. McAllister said none of his personal finances or other business interests have been affected. He also is part owner of a luxury vehicle dealership in Jackson.
Reported by the New Orleans Times-Picayune
Fantasy Football Diehards Line:
According to The Associate Press, Nissan's financing arm claimed McAllister defaulted on a deal then exceeded his credit line. Nissan said the dealership owes more than $6.6 million and nearly $300,000 in interest, but that figure includes the cost of all the cars on the lot. ... Meanwhile, McAllister, who could obviously use some money, said he has fielded interest from other teams since being released by the Saints last month. But he still is rehabbing from an arthroscopic surgery he had on his left knee after the season to clean up scar tissue and cartilage. McAllister said he's hoping to be able to work out for teams this month.
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