What's new

Sapp files for bankruptcy

sapp

Banned
FORT LAUDERDALE, Fla. (AP)—Former NFL star 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, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 Super Bowl ring with the Bucs and his 1991 national championship ring from the University of Miami.

The court documents were filed in the U.S. Bankruptcy Court in Fort Lauderdale on March 30. TMZ.com first reported the filing. A phone message and e-mail left Saturday with his 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 Tampa Bay Buccaneers and the Oakland Raiders during his 13-year NFL career, was also once 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.
 
Chapter 7's are chicken ****. If you're going to file, do a 13 and at least pay back some of your debts.

We had TOO MANY people declaring 7's on us over the years that I've grown to hate them.
 
I noticed that he "lost" his Super Bowl ring and National Championship ring. Sure.
 
Non-news. No one cares.

I think it's a great story. Guy is thinking of signing up for Jazzfanz for a couple years but the only good username he can think of is sap with one p, which is the nickname of his favorite player but he decides it's too unoriginal so he bypasses for the time being; then bam, one day he sees an article about Waren Sapp going bankrupt and has an epiphany - Sapp with two p's. That's mother ****ing it! Now he's ready to join the club. Somebody call KSL.
 
Isn't the better story the former NBA dude who owes Vegas like $700,000 and is trying to pay that off by playing D-league ball for $25,000/year? All this after he made over $100,000,000 playing in the NBA. You would think he could have hired an accountant with some of that money...
 
Back
Top