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Warren Sapp

I'M DEAD BROKE

and I Lost My Super Bowl Ring

4/6/2012 2:08 PM PDT BY TMZ STAFF
EXCLUSIVE

0406_warren-sapp_tmz
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 National Championship ring he won with the Miami Hurricanes.

0406_bucaneers_ring
In the docs, Sapp also lists his current salary as an analyst for the NFL Network as $45k per month ... $540k per year. Sapp says his deal with the NFL Network expires in August and he's not sure if the network will extend his deal.

Calls to Sapp have not been returned.

For more sports stories, check out tmzsports.com!
133 COMMENTS

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Previous 15 Comments | 2 | 3 | 4 | 5 | 6 | 7 | 8
106.

Bob Roberts    

A Raider Hater deserves to be bankrupt!!! Al is getting him back from somewhere :-) Why would anyone feel sorry for a low end of the IQ bell curver who received millions and then threw it away. WHAT A FOOL!

739 days ago
107.

theresa    

What a dummy

739 days ago
108.

El Ronbo    

Could be a drug problem, but I think its more likely a gambling problem.

738 days ago
109.

ethel taylor    

Tsk, tsk, " what a shame.. he's your typical black man.. from the Hood. who's know's everything. ' but does everything wrong .. ' ARROGANT IS ONE OF GOD'S DETEST" I DON'T FEEL SORRY FOR HIM.. I PITY HIM

738 days ago
110.

ethel taylor    

i'm not SURPRISE AT MR. SNAPP HE'S A TYPICAL MAN...
TURN YOUR ARROGANT WAYS TO HUMILITY' MR. SNAPPS.gOD KNOW'S YOUR GRIEF..

738 days ago
111.

Joe Kenadee    

this is how rich people squirm out of bills. Do the math he has 6.45 mil and owes 6.7 he makes 45k a month he could zero everything out easily. The reason why he "lost" the rings is because he doesn't want to list them as assets.

738 days ago
112.

rsmik    

Rich people tip - establish residency in Florida and then go bankrupt, you get to keep it all and spend it all without paying any creditors and the 99% get to pick up the tab

738 days ago
113.

Beverly A. Riley    

Pure foolishness!!!!!

738 days ago
114.

chicagannie    

Bankruptcy FRAUD earns you jail time, Mr. Sapp. I suggest you cough up those two fancy expensive rings! No way you "lost" them, what a ridiculous story.

738 days ago
115.

Michael     

First, wear a damn rubber cause Baby Mamas have no sympathy on famous athletes and their finances. They want all of your money. That's WHY they got with you without birth control, dude. Now on to housing. You can't buy much of a house in Los Angeles for a million, but in most of Florida, Texas, Georgia, and the Carolinas you can can get a nice 4,000 square foot house in a gated community for under a million. So put down enough to where you only have a few grand a month mortgage tops. Then have ONE Mercedes Benz and ONE Escalade. Do ads for a suit company so the suits are free. Do ads for whatever favorite restaurant you like to frequent so you eat for free often. And just have 10 pairs of sneakers. There you go, Big Fella. Financial planning done in one minute.

738 days ago
116.

IKCL    

Am I the only one not believing that he's lost his ring? Guessing he doesn't want it taken off him!!!

736 days ago
117.

FUWarren    

Couldn't have happened to a nicer guy! You're getting what you deserve, Warren.

713 days ago
Previous 15 Comments | 2 | 3 | 4 | 5 | 6 | 7 | 8

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