Ex-NBA star Antoine Walker files for bankruptcy

MIAMI(AP) —Former NBA all-star Antoine Walker(notes) has filed for bankruptcy.

In Chapter 7 documents filed in U.S. Bankruptcy Court in the Southern District of Florida last week, Walker reported having $4.3 million in assets and $12.7 million in liabilities.

Walker’s 2006 NBA championship ring, valued at $6,000, is included in a list of assets.

It’s not the first time Walker has faced financial trouble. In November 2009, he agreed to pay more than $900,000 to settle bad check charges at three Las Vegas casinos and avoid trial on felony criminal charges.

Walker was a three-time all-star with the Boston Celtics. He won the 2006 championship with the Miami Heat.

Walker’s attorney did not immediately return a message seeking comment.


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Updated Friday, May 28, 2010