May
2013
Wednesday, April 11, 2012
Maggie Hendricks, Yahoo! Sports
Submitted by: KZ

Warren Sapp: Another Bankrupt Pro Athlete

What the fuck is up with bankrupt multi-millionaire former pro athletes lately? Seven-time Pro Bowler and NFL Network analyst Warren Sapp recently filed for bankruptcy in south Florida.

His average post-football monthly income exceeds $115,000. Yet, he owes $6.7 million to creditors and to his ex-wife for child support and alimony.

[Yahoo] Sapp, a former defensive tackle for the Tampa Bay Buccaneers and the Oakland Raiders during his 13-year NFL career, was also once a contestant on ABC’s “Dancing with the Stars.”

What in the hell did he do with the mega-millions he was paid as a football star? Where is his salary going each month? What did he do with his reality show contestant earnings? How do you spend a $100 grand every single month?

Get this. Among his $6.45 million in assets:

  • 240 pairs of Jordan athletic shoes worth almost $6,500
  • $2,250 watch
  • a lion skin rug worth $1,200

By plutocratic standards, these baubles hardly even rate on the expenso-meter. But they do give you a good idea why you shouldn't feel in the least bit sorry for Mr. Sapp.

Do you believe pro athletes are good role models? Or just spoiled adult children?

Posted by Editor on 04/11/12 at 10:09 AM •  (0) Comments

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