Warren Sapp files bankruptcy
 

Sapp files bankruptcy

Posted by Mike Florio on April 6, 2012, 5:40 PM EDT

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Well, if former Saints tight end Jeremy Shockey is going to sue Warren Sapp, he’d better get in line with the rest of Sapp’s creditors.

Sapp, a likely future Hall of Famer, has declared bankruptcy in Florida, according to TMZ.com.

He has filed under Chapter 7, which will result in full liquidation of his $6.45 million in assets (including a “Large Nude women painting” . . . it’s unclear whether the painting or the women are large) to pay his $6.7 million in debts.

According to the filing, Sapp owes the IRS more than $900,000, and hundreds of thousands of dollars in child support.

He lists his current income as $45,000 per month from NFL Network, on a contract that expires in August 2012. (He also has worked for Showtime’s Inside the NFL. It’s unknown whether he’ll continue that assignment in 2012.)

Sapp, who spent 12 years in the NFL with the Buccaneers and Raiders, also claims that he has lost his Super Bowl ring.

Lol, i dont know how they just blow it all. They know damn well that its a short career, yet they just spend spend spend. They should know from growing up poor that you gotta manage your money!!!!!!!!!!1

LMAO

45 grand a month. Jesus.

OOOPs!

I'm not surprised, at all.

$45,000 a ****ing month and bankrupt? ****ing idiot.

I wonder how R8ers feels about his home boy.

Yeah, WTF? I'd sucks dicks for 45k/mo.

LOL. What a doucher.

He can vanish into the either

I never liked the guy off the field. He always had a questionable reputation down in Tampa.

Sucks for him.

I never really think he lived up to the hype as a Raider... I think he is a big mouthed blow hard


Oh pardon me, I was suppose to be upset about this I suppose

I bet he is making a nice chunk of change on the NFLN

Read much? :hmmm: