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Old 04-06-2012, 04:11 PM  
Mr. Laz Mr. Laz is offline
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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.
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Old 04-06-2012, 07:42 PM   #46
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Brunell got caught in a Ponzi scheme, or somesuch. Sapp is a deadbeat that has no clue how to manage money. Both are idiots, but Sapp wins that race by a mile.
Um you get caught in a ponzi scheme by not knowing how to manage your money.
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Old 04-06-2012, 07:44 PM   #47
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Its hilarious though. He made more a month than the vast majority of people make a year. That's on top of what he earned in football. And now hes broke. That's just funny to me.
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Old 04-06-2012, 07:56 PM   #48
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Not at all, I wonder if you have as much venom directed towards Brunell, who lost more than Sapp? Honest question.
It's stupid for either one of them to be broke
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Old 04-06-2012, 07:57 PM   #49
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You can bet your ass he wouldn't have been filing bankruptcy...
Bullshit. You would have told him what to do and he would have laughed in your face. Jackass would still be bankrupt. Hopefully you're not naive enough to think he hasn't been advised by anyone as smart as you.
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Old 04-06-2012, 08:00 PM   #50
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Bullshit. You would have told him what to do and he would have laughed in your face. Jackass would still be bankrupt. Hopefully you're not naive enough to think he hasn't been advised by anyone as smart as you.
They may be richer than me but not smarter all revolves around culture
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Old 04-06-2012, 08:00 PM   #51
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Not at all, I wonder if you have as much venom directed towards Brunell, who lost more than Sapp? Honest question.
Probably not, as to my knowledge Brunell never owed hundreds of thousands of dollars in back child support. That throws Sapp squarely in the dumbass catagory.
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Old 04-06-2012, 08:02 PM   #52
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Um you get caught in a ponzi scheme by not knowing how to manage your money.
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I'm not looking it up, but I thought I read he gave a huge chunk of his money to an investor that he trusted, and that guy ended up losing Brunell's money on some bullshit investment. I may be wrong about that.
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Old 04-06-2012, 08:03 PM   #53
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Probably not, as to my knowledge Brunell never owed hundreds of thousands of dollars in back child support. That throws Sapp squarely in the dumbass catagory.

In all fairness, the dude swears he takes care of his kids and says it's alimony he is behind
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Old 04-06-2012, 08:04 PM   #54
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Kinda stupid to answer a question not directed at you.
even more stupid to be a N00b asking stupid questions
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Old 04-06-2012, 08:09 PM   #55
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and he lost his super bowl ring? wow, how can people be so bad with so much money? If my bank account could just have a two million dollar balance, I would certainly figure out a way to never work again and retire comfy forever.
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Old 04-06-2012, 08:12 PM   #56
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Learn how to use a Calculator and spend less that you make... Whats the problem?
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Old 04-06-2012, 08:19 PM   #57
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They may be richer than me but not smarter all revolves around culture
Are you saying that you are smarter than anybody that advised Sapp? Really?
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Old 04-06-2012, 08:21 PM   #58
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Are you saying that you are smarter than anybody that advised Sapp? Really?
Impossible to answer but I am smarter than Sapp
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Old 04-06-2012, 08:27 PM   #59
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Impossible to answer but I am smarter than Sapp
Shit, I'm smarter than sapp and I just paid seventy five cents for a condom!
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Old 04-06-2012, 08:28 PM   #60
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