Thoughts On The Warren Sapp Bankruptcy

Thoughts On The Warren Sapp Bankruptcy

Fort Lauderdale : FL : USA | Apr 07, 2012 at 9:41 PM PDT
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Warren Sapp talks about the first time he met Ray Lewis

How could Warren Sapp be bankrupt? He's been making millions of dollars every year since he came into the NFL in 1991. After being one of the most dominant defensive tackles of all-time, he is now a professional football analyst for Showtime and for the NFL Network. What happened?

On his Chapter 7 bankruptcy report, his debts come from three different places: creditors, child support, and alimony. I've always wondered why 3/4 of former NFL players end up filing bankruptcy.

The first reason is creditors, or simply spending over budget. The second one is child support. It's amazing how a $3 condom can save a man from paying millions in child support. The last one is alimony. Women love to swoop in and take money from athletes.

Source: Huffington Post

Adrian Holman is based in Joliet, Illinois, United States of America, and is an Anchor on Allvoices.
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News Stories

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