Warren Sapp files for bankruptcy

[JKidd]

FORT LAUDERDALE, Fla. -- Former NFL star Warren Sapp owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida.

Sapp's $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 Super Bowl ring with the Bucs and his 1991 national championship ring from the University of Miami.

The court documents were filed in the U.S. Bankruptcy Court in Fort Lauderdale on March 30. TMZ.com first reported the filing. A phone message and email left Saturday with his attorney, Chad Pugatch, were not immediately returned.

Sapp's average monthly income is $115,881, according to the filings, and includes $45,000 for a final contract payment with Showtime, $48,000 for an appearance with CCA Sports and $18,675 as an advance for a book deal. His contract with the NFL Network ends in August, the filings show, and it was unknown if the contract will be renewed.

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[theknuckler]

Anyone else as shocked as me? (not shocked)

[FistofFury]

Poor $ap

[lefthook1]

Go figure

[flex_buff_chest]

Originally Posted by lefthook1

Go figure

Any particular reason for this comment?

[dodge8954]

Originally Posted by flex_buff_chest

Any particular reason for this comment?

Maybe cause Sapp is a racist POS?

[lefthook1]

Originally Posted by flex_buff_chest

Any particular reason for this comment?

Haaaaaa, still following me from thread to thread, truly pathetic.

Any reason you didn't ask Knuckler the same question?

[flex_buff_chest]

Originally Posted by dodge8954

Maybe cause Sapp is a racist POS?

Then you him and Lefthook should get along famously.

[theknuckler]

All I'm saying is a lot of athletes don't manage their money right, have late payments/divorces/everything else and are just dumb with their money. It's not even athletes, you hear about it all the time with lottery winners, just no idea what to do, start handing out freebies to their buddies and next thing you know they're broke. I've never been a millionaire, and never will be barring an act of god, but I'd like to think if I had a ton of money I'd handle it right. Maybe I wouldn't, but I can't see me buying myself 300 pairs of shoes, let alone 3 pairs of shoes. I think I've bought 3 pairs of shoes the last 10 years. They're well made.

[canuck2]

Everything about Warren Sapp screams excess.

Give dumb guys (most athletes) a lot of money and they will blow it.

The sad thing about knuckleheads like this is he's one of the rare ones with a good post athletic career income.

[Flyers2001]

I feel nothing for arrogant athletes and Sapp fits the bill.

[bruiser11]

What a sap!

[nilan30]

Is that all you got? WARREN?