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(TMZ)   Ex-NFL player broke and owes millions. No not that one, or that one, or that one, no not that one either   (tmz.com) divider line 99
    More: Dumbass, Warren Sapp, Super Bowl rings, Miami Hurricanes, Super Bowl, baby mamas, Air Jordan  
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4835 clicks; posted to Sports » on 06 Apr 2012 at 11:32 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-06 06:49:16 PM
He hasn't lost them. He's lying so they don't become liquidated in the bankruptcy proceeding.
 
2012-04-06 07:10:59 PM
Name fits.
 
2012-04-06 07:28:23 PM
How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.
 
2012-04-06 07:38:02 PM
"At least four different baby mamas"

I wonder how many Sapplings he's got.
 
2012-04-06 07:53:13 PM
But how's Terry Tate doing?

Link (new window)
 
2012-04-06 08:35:41 PM
What a sad sapp.
 
2012-04-06 08:57:41 PM
No love lost for Sapp. He's always been a bit of a dick to fans.
 
2012-04-06 09:02:14 PM
\

Hoban Washburne: How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.


For the same reason the NFL doesn't give a fark about concussions and other post-retirement injuries. There's no money in it for them.

OR

Don't most of these guys have college degrees? It's not the NFL's responsibility to educate them.
 
2012-04-06 09:06:53 PM

foo monkey: \Hoban Washburne: How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.

For the same reason the NFL doesn't give a fark about concussions and other post-retirement injuries. There's no money in it for them.

OR

Don't most of these guys have college degrees? It's not the NFL's responsibility to educate them.


that's why there is a player's union. pretty sure the NFLPA offers personal finance courses, post-retirement training, funding and support.
 
2012-04-06 09:09:26 PM

Triumph: "At least four different baby mamas"

I wonder how many Sapplings he's got.


swiftor.com
 
2012-04-06 09:13:22 PM
*reads article*

Holy crap, the guy is literally a walking stereotype.
 
2012-04-06 09:34:19 PM

thomps: foo monkey: \Hoban Washburne: How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.

For the same reason the NFL doesn't give a fark about concussions and other post-retirement injuries. There's no money in it for them.

OR

Don't most of these guys have college degrees? It's not the NFL's responsibility to educate them.

that's why there is a player's union. pretty sure the NFLPA offers personal finance courses, post-retirement training, funding and support.


Well it's seems to be working for so many of these guys... Working like a charm even, nothing to see here.

The NFL guys seem to be the worst of the lot, just spit balling here, but maybe the very short career must have has something to do with it...
NHL has a lot of guys with short careers too, but you don't hear about many in financial trouble, so maybe there is something to learn from the NHLPA?
 
2012-04-06 09:44:52 PM

basemetal: No love lost for Sapp. He's always been a bit of a dick to fans.


Fixed
 
2012-04-06 10:01:12 PM

sno man: The NFL guys seem to be the worst of the lot, just spit balling here, but maybe the very short career must have has something to do with it...
NHL has a lot of guys with short careers too, but you don't hear about many in financial trouble, so maybe there is something to learn from the NHLPA?


Not a lot of really poor kids playing hockey. It's an expensive sport. Most hockey players come from pretty solid family backgrounds. They usually had to pass real college courses too. There's not a lot of (any?) hockey sports diploma mills.

It may be that.
 
2012-04-06 10:11:26 PM

Cuchulane: sno man: The NFL guys seem to be the worst of the lot, just spit balling here, but maybe the very short career must have has something to do with it...
NHL has a lot of guys with short careers too, but you don't hear about many in financial trouble, so maybe there is something to learn from the NHLPA?

Not a lot of really poor kids playing hockey. It's an expensive sport. Most hockey players come from pretty solid family backgrounds. They usually had to pass real college courses too. There's not a lot of (any?) hockey sports diploma mills.

It may be that.


True enough. There are a lot of fairly well-to-do hockey parents.
Don't the football kids have similar equipment expenses? or is it all through school all the way along?
 
2012-04-06 10:15:31 PM

sno man: Don't the football kids have similar equipment expenses? or is it all through school all the way along?


if i'm remembering my high school days well enough, i think all of my equipment was provided by the school.
 
2012-04-06 10:16:58 PM
he is making half a mill a year for the NFL Network. jeebus.
 
2012-04-06 10:18:02 PM

SlothB77: he is making half a mill a year for the NFL Network. jeebus.


maybe he could just ask Deion for a loan.
 
2012-04-06 10:36:04 PM

SilentStrider: basemetal: No love lost for Sapp. He's always been a bit of a dick to fans.

Fixed


Pretty much.....
 
2012-04-06 10:55:21 PM

sno man: NHL has a lot of guys with short careers too, but you don't hear about many in financial trouble, so maybe there is something to learn from the NHLPA?


Hockey players, at least Canadians, generally have at least a couple if not a few years of being what amounts to adults with supervision when the play in major juniors. They're living away from home almost always, traveling a lot and so on. So basically they get to figure out how things work. Also generally though there are tons of exceptions certainly, they tend to come from middle class families, whereas many NFL players don't. Now, you could ask why is it NBA players, who come from poor families quite regularly, don't have the same problems. Well if you want to play the in the NBA you do actually have to have a modicum of smarts, it's just the nature of the game. Sure some of the guys aren't about to deliver an eloquent commencement speech, but they aren't exactly dim either. Also I wouldn't be surprised if the small size of basketball teams plays a factor. There's no way to get lost in the shuffle on a basketball team, everyone knows you and knows what you like and so on, so if you look like you might not have a firm grasp on something, someone is likely to step in, whether a more veteran player or coach.
 
2012-04-06 10:58:30 PM

SilentStrider: sno man: Don't the football kids have similar equipment expenses? or is it all through school all the way along?

if i'm remembering my high school days well enough, i think all of my equipment was provided by the school.


You probably are, a can't think of a football league that would equal the hockey leagues, outside of school.

And that actually makes me more sad, that no-one along the way cares even a little for these kids from high school, through college, and even through the NFL, to give them even a little financial advice....
There's a good story about Phil Esposito (NHL in the 70's kids) asked about the advice he was given (keeping in mind NHL players were getting payed WAY WAY less then...) his answer was: Pay off your house first. The (pension) will take care of the rest.
 
2012-04-06 10:59:51 PM
put a rubber on!
 
2012-04-06 11:39:38 PM
Just for pretending he lost the rings they shouldn't let the bankruptcy go through. What a joke
 
2012-04-06 11:41:14 PM
That's what he sounds like AFTER speech therapy? Must be the same guy who treated Shannon Sharpe.
 
2012-04-06 11:41:45 PM
How's it possible? He stole millions from the Raiders.
 
2012-04-06 11:42:49 PM
Put a jersey on!
Put a jersey on!
Put a jersey on!
 
2012-04-06 11:43:35 PM
If I were running the NFLPA, I would mandate that 10% of a player's first 5 years of salary would be put into spendthrift annuities with monthly payments for life. At least these guys would then have a few grand coming in every month that nobody could touch.
 
2012-04-06 11:46:00 PM

HaywoodJablonski: Put a jersey on!
Put a jersey on!
Put a jersey on!


What this guy said.
 
2012-04-06 11:46:56 PM

Incontinent_dog_and_monkey_rodeo: If I were running the NFLPA, I would mandate that 10% of a player's first 5 years of salary would be put into spendthrift annuities with monthly payments for life. At least these guys would then have a few grand coming in every month that nobody could touch.


Until they're relatives come out of the woodwork with hare-brained business ventures and guys wearing $5,000 suits tell them about a great investing strategy that ALWAYS returns 12-18% and they've got shiny graphs to prove it. It would be nice if these guys were taught to think about the future but their profession demands thinking of the here and now.
 
2012-04-06 11:52:18 PM
FTFA: 1999 National Championship ring he won with the Miami Hurricanes uh no. He was in the NFL and Miami did not win a championship that year.

Maybe the 1995 Orange Bowl but.....oh wait not that either. Sapp was skipping around trash talking the first half calling out Nebraska and then...oh no....Nebraska came back and kicked their asses. I distinctly recall Sapp sitting on the bench pouting like a petulant spoiled child. Good times, good times.
 
2012-04-06 11:53:43 PM
Not surprising, he was with the raiders for how long?
 
2012-04-06 11:55:17 PM

Hoban Washburne: How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.


I don't know about other sports, but I know the NFL has a program about managing finances that is mandatory for rookies. It probably helps a lot of them, but some people are determined to do stupid things with their money, and those are the ones we end up hearing about on the news. It's just like the old saying about leading a horse to water.
 
2012-04-06 11:55:55 PM
img1.fark.net
 
2012-04-06 11:58:26 PM
In the docs, Sapp also lists his current salary as an analyst for the NFL Network as $540k per year.

I know that Texas has special rules for bankruptcy: such as you get to keep the ranch as your "homestead" even it it is 1,00,000 acres.

What kind of special rules are there for the 1% bankruptcy court? Maybe the Michael Milken "I keep anything that I tucked into a hidden trust" is mine?
 
2012-04-07 12:00:02 AM
i.dailymail.co.uk
 
2012-04-07 12:00:52 AM

Neondistraction: It's just like the old saying about leading a horse to water.


Yeah but with Sapp it's more like a sea elephant, not a horse.
www.spiegel.de
 
2012-04-07 12:07:21 AM
Four baby mamas and hundreds of THOUSANDS in back child support.

Honestly now. How this country calculates child support is beyond moronic. The intention of the program is to ensure that the mother is capable of raising the child on a single parent income. Just assuming he's got two kids with each parent, eight kids total... and we're talking only a single one hundred thousand dollar - not multiple - that's still $12,500 per kid per year. And that is the most exaggerated of examples.

I get that the guy was making millions of dollars at some point in his life, though. But then to rectify tomorrows income when the judgement is based on yesterdays income - you gotta go through the hassle of the court system which will still rule in favor of the mother.

//has 1 kid, losing 1/3rd of his income when the mother makes twice as much money as I am
///fark the Florida state family courts...
///hell, fark all state family courts. Why discriminate?
 
rka
2012-04-07 12:10:13 AM

Incontinent_dog_and_monkey_rodeo: If I were running the NFLPA, I would mandate that 10% of a player's first 5 years of salary would be put into spendthrift annuities with monthly payments for life. At least these guys would then have a few grand coming in every month that nobody could touch.


And you'd be voted out of your position so fast it would make your head spin.

Mandate what another man does with his money? What are you, the government?
 
2012-04-07 12:21:22 AM
And somewhere tonight, Jeremy Shockey is buying rounds for the whole bar.
 
2012-04-07 12:22:15 AM

Red Shirt Blues: FTFA: 1999 National Championship ring he won with the Miami Hurricanes uh no. He was in the NFL and Miami did not win a championship that year.

Maybe the 1995 Orange Bowl but.....oh wait not that either. Sapp was skipping around trash talking the first half calling out Nebraska and then...oh no....Nebraska came back and kicked their asses. I distinctly recall Sapp sitting on the bench pouting like a petulant spoiled child. Good times, good times.


Good research there, TMZ.
 
2012-04-07 12:24:44 AM
If anyone has the image (or video, but I'll take what I can get) of Sapp gnawing on a towel out of sheer anger and frustration, I would love it. He was a Raider at the time, so it's extra awesome.

/fark a bunch of Raiders
//fark a bunch of Raider "fans"
//Quotations because they're all criminals
 
2012-04-07 12:31:42 AM
 
2012-04-07 12:36:20 AM

Red Shirt Blues: FTFA: 1999 National Championship ring he won with the Miami Hurricanes uh no. He was in the NFL and Miami did not win a championship that year.

Maybe the 1995 Orange Bowl but.....oh wait not that either. Sapp was skipping around trash talking the first half calling out Nebraska and then...oh no....Nebraska came back and kicked their asses. I distinctly recall Sapp sitting on the bench pouting like a petulant spoiled child. Good times, good times.


Yeah, by '99 he'd already given Jerry Rice the only serious injury of his career.
 
2012-04-07 12:42:19 AM
Stay classy, Sapp


it is somewhat bleeped out so it is a bit hard to follow....

the postgame handshake of sapp with then-GB coach Mike Sherman. Good to see a 6'3", 260lb lineman talking shiat to a 55 yr old coach.
 
2012-04-07 12:47:36 AM

ArtosRC: /fark a bunch of Raiders
//fark a bunch of Raider "fans"


It must chap your asses that Elway married a Raiderette.

/At least we can agree the Chiefs still suck.
 
2012-04-07 12:52:20 AM

Ken VeryBigLiar: ArtosRC: /fark a bunch of Raiders
//fark a bunch of Raider "fans"

It must chap your asses that Elway married a Raiderette.

/At least we can agree the Chiefs still suck.


Afc west who sucks more argument?

Count me in!

Raiders fans are criminals!

Next?
 
2012-04-07 12:55:47 AM

Neondistraction: Hoban Washburne: How is intensive financial counseling not in place in every major professional sports team? So many of these guys grew up poor and have no idea how to handle money. Dude just spent a career wrecking his brain and now is filing for bankruptcy.

I don't know about other sports, but I know the NFL has a program about managing finances that is mandatory for rookies. It probably helps a lot of them, but some people are determined to do stupid things with their money, and those are the ones we end up hearing about on the news. It's just like the old saying about leading a horse to water.


Yep, it absolutely exists.

But the players have to be willing to

1. Attend the courses, and
2. Put in the time and effort to actually learn.

Most players don't. Even the ones that end up perfectly financial sound after their careers fully admit that they were stupid as hell just starting out but it was essentially their own fault - people, good people, did try to help them at one point but they blew them off.

The Sports Illustrated article is always a good place to start:

2009, always topical (new window)

As for hockey, it's normal that rookies to live with team vets for the first 2-3 years of their playing careers to learn all this kind of crap. Crosby living in Lemieux's pool house is a famous one, but for example, Matt Duchene lived with Adam Foote when he first broke in to the league with the Avalanche.
 
2012-04-07 12:59:49 AM
Couldn't have happened to a nicer guy.

/Nelson_haha.jpg
 
2012-04-07 01:12:28 AM
I will always remember him as the fattest judge on BBQ Pitmasters.
 
2012-04-07 01:14:39 AM
I still remember the Eagles game where CONGRESSMAN Jon Runyan got pissed at Sapp for poking him so he tried to kick him in the balls after one of the plays. Jon forgot that with all that padding, he couldn't lift his leg up that high. High hilarity to watch it live and debate if he was going for the foot to the groin.

//and that man is making our laws as we speak
 
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