Truth & Rumors > NFL

Sapp declares bankruptcy after losing rings

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08:54 AM ET 04.07 | Future NFL Hall-of-Famer Warren Sapp has filed for bankruptcy ... claiming he's racked up millions of dollars in debts ... but worst of all, dude claims he LOST his 2002 Super Bowl ring. Sapp -- who played in the NFL for 12 years -- just filed for Chapter 7 Bankruptcy in Florida ... and in the papers he gives a full rundown of his dire financial situation. According to the docs, Sapp owes more than $6.7 million to various creditors ... including hundreds of thousands of dollars in child support payments and alimony to at least 4 different baby mamas. Among the debts, Sapp says he owes $853k to the IRS for 2006 and another $89k for 2010. Sapp says he also owes $2,858 in medical bills for "Corrective Speech and Language Therapy." Sapp says he only has $6.45 million to his name ... and lists all of his assets in the documents ... which include: -- 240 pairs of Jordan sneakers and sandals -- Large Nude women painting -- Lion skin rug (female - lioness) -- Nike golf clubs -- De Grisogono watch (scratch on crystal, nicks and scratches on band) -- A boxing glove signed by Muhammad Ali But most interestingly, Sapp notes he has LOST two of his most treasured and valuable possessions -- the 2002 Super Bowl ring he won with the Tampa Bay Bucs (example below) and the 1999 National Championship ring he won with the Miami Hurricanes.

TMZ

Warren Sapp, Icon SMI Warren Sapp, Icon SMI
April 7, 2012  08:57 AM ET

Hiding the rings from the Bankruptcy trustee, no doubt.

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April 7, 2012  09:02 AM ET

My heart bleeds for him, child support to 4 women, (emulating Cromartie?) 240 pairs of sneakers? Article also stated he makes $540,000/year announcing and can't live on that....bring back Debtors prison!

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April 7, 2012  09:11 AM ET

Only 4 mommas? He has a long way to go to beat Shawn Kemp

April 7, 2012  09:11 AM ET

He had large nude women painting at his house?

April 7, 2012  09:12 AM ET

Or was it a painting of large nude women?

April 7, 2012  09:14 AM ET
QUOTE(#1):

Hiding the rings from the Bankruptcy trustee, no doubt.

You got it right.

April 7, 2012  09:14 AM ET

As Curley would say"What a sap, nyuk, nyuk, nyuk..."

April 7, 2012  09:15 AM ET
QUOTE(#10):

He had large nude women painting at his house?

That can get costly. Hope they get paid for their work.

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April 7, 2012  09:17 AM ET
QUOTE(#15):

How can I get in touch with them to paint my house????

There's a waiting list.

April 7, 2012  09:18 AM ET

What a sappy story.

/sorry.

 
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