Warren Sapp files for bankruptcy in Florida... How does this happen?

FORT LAUDERDALE, Fla. (AP) – Former [You must be registered and logged in to see this link.] star [You must be registered and logged in to see this link.] owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in [You must be registered and logged in to see this link.].



Sapp's $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 [You must be registered and logged in to see this link.] ring with the Bucs and his 1991 national championship ring from the [You must be registered and logged in to see this link.].

The court documents were filed in the U.S. Bankruptcy Court in Fort Lauderdale on March 30. TMZ.com first reported the filing. A phone message and e-mail left Saturday with his attorney, Chad Pugatch, were not immediately returned.

Sapp's average monthly income is $115,881, according to the filings, and includes $45,000 for a final contract payment with Showtime, $48,000 for an appearance with CCA Sports and $18,675 as an advance for a book deal. His contract with the [You must be registered and logged in to see this link.] ends in August, the filings show, and it was unknown if the contract will be renewed.





[You must be registered and logged in to see this link.]