Former NFL defensive lineman Warren Sapp has joined the long list of ex-millionaire athletes who wind up broke and having to file bankruptcy.
According to reports Sapp owes more than $6.7 million to creditors, back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida on March 30.
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. Sapp also reported losing his 2002 Super Bowl ring with the Bucs and his 1991 national championship ring from the University of Miami.
Sapp’s average monthly income is $115,881, according to court papers, 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.
During his 13-year NFL career, Sapp played defensive tackle for the Tampa Bay Buccaneers and the Oakland Raiders. Sapp was also a contestant on ABC’s “Dancing with the Stars.”