Colorado Safety Shilo Sanders is in a bit of financial trouble.
While most believe Sanders was living the high life off his NIL money, come to find out that he had to file bankruptcy because he owes a security guard 11 million dollars.
ON3 has more.
Colorado safety Shilo Sanders disclosed just shy of $325,000 worth of assets to his name in a December 2023 bankruptcy case related to an $11.89 million dollar judgement against him stemming from an assault when Sanders was in high school, according to Westword.
The bankruptcy proceeding itself stems from Sanders losing a lawsuit in 2022 after allegedly assaulting a security guard as a high schooler in 2015.
A lawsuit filed in Dallas District Court in 2016 alleged the security guard, John Darjean, had “sustained severe and permanent injuries including a broken neck, damage to his cervical spine, permanent neurological injuries and irreversible incontinence,” according to a 2024 filing in the bankruptcy proceed. These injuries were allegedly caused when Sanders elbowed and continued to hit Darjean during an altercation.
Most of the asset value in Sanders’ disclosure stems from his Mercedes-Benz automobile and investments held in a Robinhood account, according to a disclosure obtained by Westword. And the total was down from an October 2023 disclosure where Sanders claimed $477,881 in assets, as his investment portfolio on Robinhood apparently didn’t do well late last year.
Darjean says that Sanders is hiding money under a couple of LLCs and has way more money than he is telling the bankruptcy court.
Darjean says all of that NIL money should be coming to him and he plans on going after it.