Hooters’ looming bankruptcy An NBA All-Star Worrying.
Phoenix Sun Devin Booker’s post on X is released on X, and the restaurant chain may head to Chapter 11.
Booker tweeted after defeating the Chicago Bulls on Saturday: “Please don’t @hooters.”
Click here for more sports reports on FoxNews.com
Phoenix Suns’ Devin Booker vs. Denver Nuggets in Game 3 of the 2023 NBA Playoff Western Conference Semi-Finals on May 5, 2023 at Phoenix the footprint center. (Barry Gossage/nbae via Getty Image)
Booker isn’t the only one who is nervous about the restaurant’s future, many have posted social media, including golf influencers Paige Spiranac.
“Not on my watch,” Spiranac tweeted after seeing the news.
Trans woman accuses gender-based discriminatory person of refusal to hire her
Hooters in the United States are reportedly working with creditors to restructure its $300 million debt through a Chapter 11 application.
The chain is working with law firms and grey to prepare for filing, Every Bloombergbut the plan is not final.
(Enster Peters/Linger)
As business declines, Hooters has closed several locations across the country. About 40 locations are closed, but Booker is not there In Arizona.
Bloomberg also reported that the company sold about $300 million in asset-backed bonds in 2021.
Booker hopes to do the same with his Suns this season as the Hooters fight for a living.
Despite the talented roster, Phoenix is still 27-29 years old this year and will not compete if the season is over, as it is No. 11 in the Western Conference.
Team USA’s Devin Booker is during pre-Practice practice in Paris in Lille, France on July 24, 2024. (Gregory Shamus/Getty Images)
Click here to get the Fox News app
The 28-year-old averaged 26.0 points, 6.7 assists and 4.0 rebounds in his 10th NBA season, all of which were in Phoenix.
Follow Fox News Numbers Motion Report on Xand subscribe Fox News Sports Grocery Newsletter.
