RSSBot
News Junkie
Photo by Dustin Bradford/Getty Images
The news coming out of Boulder this week isn’t great.
Shilo Sanders, Colorado’s starting safety and son of Buffaloes head coach Deion Sanders, has filed for bankruptcy amidst an $11.8M assault lawsuit. Sanders is ranked as the Buffs’ third-highest NIL recipient by On3, but that lawsuit now calls those earnings into question.
The case stems from an incident that occurred at a Dallas high school in 2015. Sanders, who was 15 years old at the time, allegedly assaulted school security officer John Darjean after he attempted to confiscate his cell phone.
Darjean alleges that Sanders struck him three times after attempting to take his phone, which resulted in “severe and permanent injuries including a broken neck, damage to his cervical spine, permanent neurological injuries and irreversible incontinence.” The lawsuit also states that Darjean was rushed to the hospital by ambulance after being attacked and has undergone multiple surgical procedures due to damage from the incident.
The court paperwork filed by Darjean’s attorneys states that Deion was the one who instructed the security officer to take Shilo’s phone. This was allegedly because he was texting his mother, Pilar Sanders, while serving an in-school suspension for being disruptive in class. For some important context, Pilar and Deion were going through a messy public divorce dispute at that time, where the two parties were fighting for custody of their children.
While Darjean filed the lawsuit in 2016, the case was only heard recently in 2022. Sanders failed to appear at the civil court hearing for the $11.89M lawsuit, leading to a default judgment against him. According to Sanders’ attorney, notice of the hearing was not sent to him and he was unaware of the judgment. In a court filing in February of 2024, Sanders officially acknowledged that the 2015 incident occurred.
Controversially, Sanders only declared around $477,000 in assets in bankruptcy court, despite his $1.1M NIL evaluation. None of the assets declared by Sanders derive from his NIL deals. Most of that money comes from a Robinhood stock trading account that holds $300,000, as well as two separate $75,000 declarations for his luxury Mercedes car and necklaces. After his asset declarations, Sanders is still around $11M short of what he is currently set to pay Darjean in liabilities.
This is an ongoing legal dispute. It’s unclear how things will turn out for Sanders, this situation certainly isn’t a great look for Colorado’s football program.
by RylandScholes
Continue reading...
