Warren Sapp Files For Bankruptcy
Former NFL star Warren Sapp has filed for bankruptcy.
The Huffington Post reports that Sapp filed for Chapter 7 bankruptcy in Fort Lauderdale last week. Court documents show that the former NFL player owes more than $6.7 million to creditors. Sapp owes more than $1 million to the IRS and hundreds of thousands of dollars “to at least 4 different baby mamas.”
Sapp claims $6.45 million in assets, including 240 pairs of Jordan sneakers, a Lion skin rug and a De Grisogono watch with a scratch on it. Sapp claims that he lost both his NCAA Championship and Super Bowl XXXVVII rings.
“That ring didn’t make me a champion, my team and I did… Have you ever seen the Miami Hurricanes championship ring? It was 10 carats of cubic zirconia and yellow gold. it might be worth 300 bucks.”
Sapp, who currently works for the NFL Network, reportedly makes $540,000 per year. His contract is up at the end of August. Several people called for Sapp to be fired last month after he “outed” Jeremy Shockey as the snitch in the New Orleans Saints bounty program incident. Sapp said that he is not sure if his contract will be renewed.
app claims that he lost both his NCAA Championship and Super Bowl XXXVVII rings.
