PDA

View Full Version : Warren Sapp owes $6+M, files Chap 7 bankruptcy



CubanMustGo
04-07-2012, 06:16 PM
Crimeny ...

http://espn.go.com/nfl/story/_/id/7785883/warren-sapp-files-bankruptcy-more-67-million-debt

FORT LAUDERDALE, Fla. -- Former NFL star Warren Sapp (http://espn.go.com/nfl/player/_/id/756/warren-sapp) owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida.

Sapp's $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500 ($30 a pair? LOL); a $2,250 watch; and a lion skin rug worth $1,200.

http://a.espncdn.com/i/headshots/nfl/players/65/756.jpg
Sapp

He also reported losing (sure) his 2002 Super Bowl ring with the Tampa Bay Buccaneers (http://espn.go.com/nfl/team/_/name/tb/tampa-bay-buccaneers) and his 1991 national championship ring from the University of Miami.

The court documents were filed March 30 in U.S. Bankruptcy Court in Fort Lauderdale. TMZ.com first reported the filing. A phone message and email left Saturday with Sapp's attorney, Chad Pugatch, were not immediately returned.

Sapp's average monthly income is $115,881, according to the filings, and includes $45,000 for a final contract payment with Showtime; $48,000 for an appearance with CCA Sports; and $18,675 as an advance for a book deal.

His contract with the NFL Network ends in August, the filings show, and it was unknown if the contract will be renewed.

Sapp, a former defensive tackle for the Buccaneers and the Oakland Raiders (http://espn.go.com/nfl/team/_/name/oak/oakland-raiders) during his 13-year NFL career, also was a contestant on ABC's "Dancing with the Stars."

He was arrested in 2010 following an alleged domestic violence incident at a Miami Beach hotel. He would have faced one count of misdemeanor domestic battery, but prosecutors declined to prosecute, saying in court documents that there were inconsistencies in the victim's statements and evidence.

William Hung
04-07-2012, 10:27 PM
Fortunately for him, and unfortunately for us, his charisma will continue to make him money.

Spurtacus
04-08-2012, 09:02 PM
He files for bankruptcy on the heels of Shockey looking at legal action against his snitch comments.

Trill Clinton
04-09-2012, 09:19 AM
he'll be straignt

JamStone
04-09-2012, 09:24 AM
Sapp's average monthly income is $115,881, according to the filings, and includes $45,000 for a final contract payment with Showtime; $48,000 for an appearance with CCA Sports; and $18,675 as an advance for a book deal.

His contract with the NFL Network ends in August, the filings show, and it was unknown if the contract will be renewed.

He still makes over $100,000 a month and is still broke?

Wth is wrong with some of these stupid m.f. ex-athletes?

Ryan Fitzpatrick
04-09-2012, 09:59 AM
Tha U............

The Franchise
04-09-2012, 02:19 PM
He still makes over $100,000 a month and is still broke?

Wth is wrong with some of these stupid m.f. ex-athletes?

RaZon
04-22-2012, 02:18 AM
Never cared for the guy, always got the felling he was really just a thug trying to play a part. When not around the cameras a foul mouth punk.