Retired NFL player Warren Sapp is broke, and has filed for bankruptcy, claiming millions of dollars in debt, says reports.
According to TMZ, the 39-year-old former defensive tackle filed for Chapter 7 bankruptcy in Florida recently, and in court docs, runs down his dire financial situation.
As shown in papers, Sapp owes more than $6.7 million to various creditors — including hundreds of thousands in child support payments and alimony owned to, at least, four different women to whom he has children.
Other specifics include $853k owed to the IRS for 2006 and another $89k for 2010; and $2,858 owed in medical bills for “Corrective Speech and Language Therapy.”
Sapp isn’t complete broke, though. He says he has $6.45 million to his name, but that’s less than what he owes, so he’s filed for bankruptcy. Below are some the assets he lists in court docs:
- 240 pairs of Jordan sneakers and sandals
- Large Nude women painting
- Lion skin rug (female – lioness)
- Nike golf clubs
- De Grisogono watch (scratch on crystal, nicks and scratches on band)
- A boxing glove signed by Muhammad Ali
Two things that aren’t listed, that he says he has lost, are: the 2002 Super Bowl ring he won with the Tampa Bay Bucs; and the 1999 National Championship ring he won with the Miami Hurricanes.
Sapp retired from the NFL in 2008, after 12 years in the league, during which he was a dominate defensive force. He earned 7 Pro Bowl appearances, was named Defensive Player of the Year in 1999, and was voted a First Team All-Pro four times.
Life after the NFL, he’s taken a job as an analyst for the NFL Network, which he says pays him $45,000 a month, or $540,000 a year.
However, his contract with the NFL Network expires in August, and he’s unsure if the network will extend his deal.