Posted on 04/07/2012 8:33:34 AM PDT by shortstop
Former Bucs defensive lineman Warren Sapp has filed for Chapter 7 bankruptcy in Florida on claims he has racked up millions in debt, TMZ.com reported Friday.
One of the most surprising claims in Sapp's filing is that lost his 2002 Super Bowl ring from the championship with the Bucs and his 1991 national championship ring from the University of Miami, TMZ reported.
The future Hall of Famer owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments to at least four women, the celebrity news website reported.
He owes $853,000 to the IRS for 2006 and $89,000 for 2010, it said.
Sapp said he also owes $2,858 in medical bills for "corrective speech and language therapy."
The debts outweigh Sapp's $6.45 million in assets, TMZ reported. The assets will be liquidated as a result of his bankruptcy filing.
Sapp, 39, works for the NFL Network as an analyst after playing in the league for 13 seasons with the Bucs, who drafted him 12th overall in 1995, and the Raiders (2004-07).
He said his current salary with the network is $540,000 per season, but his deal expires in August and he is unsure if the network will extend it, TMZ reported.
In the documents, Sapp lists all his assets, which TMZ reported include:
• 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)
• Boxing glove signed by Muhammad Ali
It was not clear where Sapp, who went to Apopka High in Central Florida, filed for bankruptcy.
Another “Professional Sports Thug?
Was thinking the same thing.
I wonder if “lost” is an excuse to not list the expensive rings on the list of assets. Debts of 6.7M offset by 6.45M in assets doesn’t sound like a huge gap to me. What’s the big deal?
Like the guys that lost their firearms in a boating accident
I grew up in Western PA. IIRC, Lambert is a volunteer warden with the Pennsylvania Game Commission. Not sure if he even gets paid for it.
Not even Smokey the Bear messes with Jack Lambert.......
Not even Smokey the Bear messes with Jack Lambert.......
This rude, stupid little boy needs some adults in his life.
There were no large nude women with him at the time.
Because EVERYBODY needs 240 pairs of “Jordan” sneakers.
Having a really hard time summoning up the sympathy for a guy who had it all and BY HIS OWN CHOICE let it all go.
Place that big German word that begins with an sch...here.
I despise that cheap shot taking, whore raping dirt bag.
He is a racist Miami U. punk who probably couldn’t spell
Super Bowl.
Not sure what you are allowed to keep in bankruptcy. My guess is that he is hiding the ring from creditors.
Bingo. This story has been told a hundred times. Newfound wealth draws con-men like sh*t draws flies. The athlete is usually a simple person who is easily taken in by pseudo "friends" and "advisors" and such. Happens with every boxer, and not a few others. Dennis Rodman is another example. There are many more.
Let me play my great-grandfather’s really old violin for him.
Let me play my great-grandfather’s really old violin for him.
What I can’t believe is that he lost TWO championship rings!
Who the hell needs that many pairs of shoes and sandals?
I thought we women were the only ones with that many shoes!
What? That’s a girlie cellphone!
Let me guess,,,whitey’s fault.
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