According to Denver Westworld, Colorado star Shilo Sanders is facing a bankruptcy lawsuit with an $11.89 million judgement against him. In a recent financial disclosure, Deion's son stated that he has around $325,000 worth of assets to his name...

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(The Spun)

Filed Under: NCAA Football

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tigerpawl•10 months

Acorn/Oak Tree

KING NOLA•10 months

He attack a security guard around 9 years ago when he was what 15 years old, got damn that must’ve been one hell of an arse whooping. I’m just curious, how much of an arse whooping a 15 year old can dish out that it’s worth over $11mill? That just sounds a lil insane.

Jag_Warrior•10 months

I don’t know. Whole thing sounds weird that a minor would get tagged with that. But bottom line is, his parents should have made certain that him or his attorney showed up for the court date. The article is poorly written. But it sounds like this was a default judgment.

GeauxTigers0107•10 months

This surprises literally no one

Rex Feral•10 months

I’ve never heard of a college kid declare bankruptcy. Did he announce it like Michael Scott did?

Legionfield•10 months

“I declare bankruptcy!!!”

BobABooey•10 months

Neither a borrower nor a lender be, Do not forget: Stay out of debt; Think twice, and take this good advice from me, Guard that old solvency. There’s just one other thing you ought to do. To thine own self be true.

Deplorable Duke•10 months

Well said, Polonius

theballguy•10 months

You can both borrow and lend. If you borrow, pay it back. If you lend, lend it to only those you know can pay it back. Simple enough.

mudshuvl05•10 months

That's literally what the first line means: if you're a lender, you too, stay out of the kind of debt a lender can find himself in, i.e., lending to those who you ought not of lent to in the first place.

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cajunmud•10 months

I had a horse named Shilo when I was a kid...had to knock him upside the head many times.

Akit1•10 months

This is the other brother?

CajunBullet•10 months

It is "Crime Time"!

GasMan•10 months

NIL coming back to bite. I hope there's more of this.

vodkacop•10 months

LOL

oldtrucker•10 months

I thought he had a watch worth more than that

Saunson69•10 months

325,000 of assets is still more than the majority on this board likely

vodkacop•10 months

Technically he's about negative 11.5 million which is still more than you

FATBOY TIGER•10 months

Saunson69 is a fricking idiot

Demonbengal•10 months

I listened to Jason Whitlock interview the security guard that is suing him. The guy is originally from Baton Rouge and was a minor league player.

Dissident Aggressor•10 months

and he let a 15 y/o whip his arse…

Tasseo•10 months

Not surprising news from this family. Don't wish them the best that's for sure.

Everyday we learn some kind of new twist in how adding nil interfere with good ol cfb. Paying players outside of the traditional schollys just disrupts the locker room.

ExpoTiger•10 months

This explains why he and his brother bought his dad a house.

CanebreakCajun•10 months

Dude is bankrupt at 21...

dax9876•10 months

Who among the world wouldn't be Bankrupt with a $12M judgement against us??

Not trying to say the Sanders kid is or isn't responsible with his money, but even if he saved every dime its likely he wouldn't be able to pay that.

TheOcean•10 months

Life comes at you fast

Russianblue•10 months

If you don't stop and look around once in a while, you could miss it.

Tall Tiger•10 months

How did you go bankrupt?
Two ways. Gradually, then suddenly.
-Ernest Hemingway

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