Former NFL Star Warren Sapp Files For Bankruptcy
Being broke is a joke that's not funny. Former NFL star defensive tackle Warren Sapp has filed for Chapter 7 bankruptcy in South Florida.
Sapp has dug himself into a deep hole financially, owing more than $6.7 million to creditors, back child support and alimony. He claims $6.45 million in assets, which includes everything from 240 pairs of Jordans worth almost $6,500 to a lion skin rug worth $1,200.
The future football Hall of Famer also reported losing his 2002 Super Bowl ring with the Tampa Bay Buccaneers and his 1991 championship ring from the University of Miami. Sapp isn't sweating it, telling TMZ: "That ring didn't make me a champion, my team and I did."
Currently, the star works for the NFL Network, reportedly making $540,000 per year. His contract ends in August.