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Former Broncos backup QB files for bankruptcy on Cherry Hills mansion

A former fourth-string quarterback for the Denver Broncos has filed for bankruptcy on an 18,000-square-foot home in Cherry Hills Village that has 10 bathrooms.

But the bank he owes $5.4 million to wants the Chapter 11 case dismissed. It claims that he only filed for bankruptcy Aug. 16 to stop a foreclosure sale of the mansion Aug. 17.

Preston Parsons, 43, owns 5 Mockingbird Lane in the posh Arapahoe County suburb. Real estate listings describe it as one of the “finest luxury estates in Cherry Hills Village,” with a six-bedroom, 10-bathroom main home and a 1,900-square-foot guest house.