Loser of the Week--Warren Sapp

[Brian Fein]

^^ You're proving my point.

why do you have to wait for your card company to shut of your card for NON PAYMENT?  Because you're rich and irresponsible and can't log in to the web site to see you owe $300k in credit card debt from all the Escalades and jet skis you keep buying?  Do they think they just get them for free?  Apparently, Warren Sapp does.

[Spider-Dan]

I would think when you get into the 7-figure+ income range, the concept of logging in to check your credit card balance pretty much goes out of the window.  Do you think he checked his balance on his credit card (or his cable bill, or his cellphone bill) when he was an active player?

[Brian Fein]

So what then, you pay someone to pay your bills for you?  Or you just ignore them because you're rich?

[Spider-Dan]

I would imagine the former.  Don't these guys generally have "financial managers" (usually: seedy family member) that handle all of their money concerns?

[Brian Fein]

^^ not sure - I've never been that rich, I've always had to pay my own bills.

So why couldn't the financial manager say "hey bud, maybe dial it back a bit on the spending, cause you don't have enough cash to pay for all of this..."

Or maybe that's exactly what happened right before he declared bankruptcy.

[MyGodWearsAHoodie]

So why couldn't the financial manager say "hey bud, maybe dial it back a bit on the spending, cause you don't have enough cash to pay for all of this..."

That might work if you have a real financial manager. 

However, if your financial manager is a buddy from the hood who dropped out of high school and whose duties also including arrainge what strip club the two of you will be at each night to make it rain.  It probably won't. 

[Landshark]

That might work if you have a real financial manager. 

However, if your financial manager is a buddy from the hood who dropped out of high school and whose duties also including arrainge what strip club the two of you will be at each night to make it rain.  It probably won't. 

Bravo, Hoodie!  Bravo!

[MikeO]

http://www.tmz.com/2012/06/19/warren-sapp-graduates-debt-school/

Warren graduated from "Debt School"...lol

[Landshark]

http://www.tmz.com/2012/06/19/warren-sapp-graduates-debt-school/

Warren graduated from "Debt School"...lol

So now he's learned a valuable lesson:  Only Imelda Marcos is allowed to own so many pairs of shoes.

[MikeO]

http://youtu.be/2rsvcGYBlYU

and he has a new job trying to make a few bucks