Monday, April 9th, 2012 at
Mannnn! How in the heezy can anyone fix their mouths to say “All I got is 6.45 Million dollars to my name? And then file for Bankruptcy! If he is dead broke then I am cremated dead broker! According to our good friends at 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.
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.
Monday, April 9th, 2012 at
Apparently the Singers and Rappers have all gotten together & formed an alliance that after they make it big they will all say to heck with property taxes! Added to the Lil Bow Wow, Wesley Snipes, etc etc list of not paying taxes is South Central LA’s own Montell Jordan according to our friends at TMZ. All the gang bangers forgetting about the drive-by isn’t nearly as bad as Montell Jordan forgetting to pay his taxes … to the tune of $627,987.06, this according to docs obtained by TMZ.
The “This Is How We Do It” star owes Uncle Sam back taxes for the years 1999-2001. According to the Federal Tax Lien filed against Jordan, the government first filed a lien against him in 2004 — but since he still hasn’t paid up, they refiled it last month. Can you say? What happened to the accountant?
The IRS is looking for their money ASAP and if they don’t get it, they can go after his property in court.
A rep for the singer tells TMZ the government has to get their groove on before they can get paid. Just kidding! That was some more TMZ
Sunday, April 1st, 2012 at
Another one bites the dust! NBA millions once again goes down the drain as another NBA player preys victim to foreclosure. I didn’t even know Stephon was no longer in the league. According to TMZ it’s a good thing Stephon Marbury‘s making bank playing ball in China — because his L.A. mansion was just sold at a foreclosure auction.
According to new court docs, obtained by TMZ, Stephon owed $3.1 million on the 7-bdrm 8-bath 8,000 sq. ft. L.A. property — and the house was just sold to a lucky buyer for $2.275 million.
The docs don’t say whether the bank plans to go after Marbury for the balance — or if this settles his debt.
Stephon just won a championship playing basketball for the Beijing Ducks in the Chinese Basketball Association — so it’s unclear if dude’s even aware this happened. If not, consider this a memo.
Remember when Stephon ate that Vaseline? Talking about his friend’s grandmother said if you have a sore throat to eat vaseline? Yick!
Monday, March 19th, 2012 at
Black people! Why must we continuously take 3 steps forward and then 10 steps back. Ceelo is my homie but you know I guess this was a case of “Keeping it Real Going Wrong”. You know how when you were little and your parents had company & you had to put on your good clothes and be on your best behavior or you knew you was gonna get that whippen? Well, I think Ceelo forgot the Press was gonna give him that Whippen for using bad language when Tyler Perry had company, Good Company “President Barack Obama”. I guess Ceelo Green was having a Bobby Brown Moment. Check out the clip below. Notice mid-way during the song Ceelo felt a certain kinda way and switched to the Pg-version and then switched back. READ MORE
Wednesday, March 7th, 2012 at
Ja Rule will probably think twice the next time he decides to call in to a radio show. MTV News says the incarcerated rap star has been given a seven-day work detail for calling Sirius XM’s “Ear Candy Morning Show.” Ja called into the program last Wednesday, which was also his 36th birthday. READ MORE
Monday, March 5th, 2012 at
(This post is Rumors from around the net) Word is on the streets Beyonce is NOT as innocent as you guys would like to think she is. I really don’t know how true the story below is but I will say I know for a fact more than 70% of the story below is true and there is more to the story that was not told. If you have ever wonder anything about “B” Â here’s your chance to find out all the dirt…
1. Rita Ora-Jay Z and Beyonce have threesomes with new songstress Rita Ora. Beyonce and Rita have a close relationship, if you know what I mean. Beyonce likes to get it on with Rita without Jay Z, which has caused strains in their relationship. THINK ABOUT IT, why else would Beyonce, who is very insecure when it comes to other female acts have Rita Ora, a pretty young thang around her husband 24/7? Beyonce didn’t like Rihanna especially since Jay Z had a affair with her and that’s why they are rarely photoed together even though Beyonce and Jay Z consider her a “little sister”. READ MORE
Monday, March 5th, 2012 at
Ruben Studdard is once again having tax troubles. Legal documents filed in Alabama show that the former “American Idol” winner and his estranged wife owe just over 180-thousand dollars in federal taxes from 2009. READ MORE
Wednesday, February 29th, 2012 at
Jennifer Hudson is on the witness list for the upcoming trial for the murders of her mother, brother and nephew in Chicago in 2008. Prosecutors have not yet said whether they’ll call the Oscar winner to testify once trial starts in April. According to the “Chicago Tribune,” Hudson is included in lengthy detectives’ reports filed by the prosecution last week. The reports reveal the singer grew up with the defendant, William Balfour, on the city’s South Side. Hudson also claims that Balfour, who was married to her sister, did not treat her sister well and even once threatened to kill her over an alleged affair.