[2 Kool 2 Be 4-Gotten]

He owes $853,000 to the IRS for 2006 and $89,000 for 2010, it said.

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).

---

So since he now makes approx $500K a year working for the networks it’s reasonable to assume that he pays $89K a year for that salary. (Less than 20% tax burden despite being nominally one of the one percent).

Since he owes $853K for 2006 (while he was playing ball) it’s probably likely that he was making on the order of 5 million a year at that time.

In a nutshell, he took a 90% pay cut from $5 million to $500K. Which sounds bad. But on the other hand, he’s currently making a salary that most people will never see. Undoubtedly he’s spending at $500K the same way that he spent when he was making the 5 mill (and obviously wasn’t saving much). And the cash just ain’t flowing - surprise.

What a maroon.

[ken5050]

His debts are accurate, but the value of his assets is probably greatly overstated, and I suspect, mostly very illiquid..