But a bankruptcy filing came less than 16 months later.
The bankruptcy filing came at a bad time for the league's image.
By the time he was done, he'd filled an entire page with what read like a bankruptcy filing.
There were a record number of bankruptcy filings last year, up 19 percent from 2000.
Bankruptcy filings have increased 34 percent during the last ten years.
Bankruptcy filings by individuals took off in the early 1980's.
The checks are expected to be held back because of the bankruptcy filing.
He resigned from the Board in 2003 during the company's bankruptcy filing.
In the year before its bankruptcy filing, the company's debt rose about $2 billion.
But the bankruptcy filing will make the company's future more uncertain.