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Mo’ Money, Mo’ Problems

Street Talk Mo’ Money, Mo’ Problems

Posted in Street Talk
1 Comment RavensHypeMan says Never will understand how 1 has 100's of millions of dollars or even 10's of millionsof $$$ ENDORSEMENT $$$ an GO BROKE,still on TV on INSIDE NFL,and he is BROK

The past few weeks haven’t been kind to former NFL star and current NFL Network analyst Warren Sapp. First, the potential Hall of Fame defensive tackle came under fire for baselessly accusing former Saint Jeremy Shockey for “ being the rat” in the New Orleans bounty scandal.

Now Sapp is under fire for a different reason – he’s broke and owes people money.

According to CNNSI, Sapp has filed for Chapter 7 bankruptcy in Florida.  A player who was once among the top paid defensive players in the game has to sell his Super Bowl Ring and NCAA championship ring to help pay off creditors and his mountainous child support and alimony.

Sapp follows the footsteps of so many other remarkably rich athletes that couldn’t steer clear of financial traps. He should call AI (Allen Iverson) for some advice on “how to make it in America after you lose millions.”

Sapp’s pitfalls should be a shining example to young athletes on how not to conduct themselves when they essentially win the lottery. Moreover, in an America where job security is fleeting and money is tighter than ever before, Sapp’s story serves as a reminder for why overindulged athletes remain unsympathetic figures in the public’s eyes.

 

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Dev Panchwagh

About Dev Panchwagh

Dev Panchwagh is a versatile analyst who breaks down the Xs and Os of the game and has been a columnist/analyst for Ravens24x7.com since the summer of 2004. In his regular season column Battle Plans, Dev highlights the Ravens' keys to success against each upcoming opponent. Dev started modestly as a sports journalist, but his contributions to sports talk radio were noticed, leading to duties as a regular columnist for the Scouts.com network before joining RSR.  It would be very difficult to find his rare combination of youthfulness, knowledge and insight in all facets of football anywhere else.  Fortunately, Dev brings it here each and every week.  More from Dev Panchwagh

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