McAllister Files for Bankruptcy Protection

By: AP Email
By: AP Email

Former New Orleans Saints running back Deuce McAllister has filed for bankruptcy protection for a car dealership he owns in Mississippi.

The free agent running back is in a dispute with Nissan's
financing arm. Nissan says McAllister owes more than $6.6 million
and nearly $300,000 in interest.

The company says McAllister defaulted on a deal, then exceeded
his credit line.

McAllister said Tuesday he filed for bankruptcy to protect his
inventory and is searching for an investor.

The 2001 first-round draft pick was released by the Saints in a
salary cap move last month and is now looking for a new team. He
was due $7 million next season.
McAllister also owns a luxury vehicle dealership in Jackson.


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