Deion Sanders’ Son Shilo Is Reportedly Broke, Facing Nearly $12 Million Judgment and New Lawsuit Over Unpaid Legal Fees
Media Take Out has learned that Shilo Sanders, the son of NFL legend Deion Sanders and older brother of Colorado quarterback Shedeur Sanders, is in a very serious financial crisis. Despite coming from one of the highest-earning families in sports entertainment, Shilo appears to be dealing with his financial troubles alone.
According to court records, Shilo filed for Chapter 7 bankruptcy in October 2023 after an almost 12 million dollar default judgment was entered against him. The case remains ongoing and is turning into a complicated legal battle that could follow him well into his NFL career.
How the Debt Began
The massive judgment stems from a 2015 incident involving a former high school security guard named John Darjean. Darjean accused Shilo, who was 15 at the time, of assaulting him and claimed the altercation caused severe and lasting injuries. Darjean later sued.
Fast forward to 2022. Shilo reportedly did not appear for the civil trial, which his lawyers say happened because the trial notice was mailed to an outdated address. Since he was absent, the court issued a default judgment of approximately 11.89 million dollars against him.
Shilo Files for Bankruptcy
Shilo filed for Chapter 7 bankruptcy in Colorado, which is typically used by individuals who have no way of paying their debts. Filing the petition automatically paused all collection attempts and temporarily protected him from wage garnishments or asset seizures.
His legal team has argued that the judgment should be discharged so he can get a financial fresh start. However, the bankruptcy trustee and Darjean’s attorneys are pushing back. They argue that the alleged injury was intentional, a classification that could make the debt legally nondischargeable. A trial is expected to determine whether the debt can be wiped clean or if Shilo will remain responsible for the entire amount.
Questions About Assets
There are also questions surrounding Shilo’s finances. The bankruptcy trustee claims Shilo made unauthorized transfers totaling around 250 thousand dollars after filing the petition and is asking for a detailed accounting of all his NIL earnings. Shilo’s attorneys deny any wrongdoing. They say their client has complied with court orders and has already turned over more than 210 thousand dollars to the bankruptcy estate.
New Lawsuit Over Legal Fees
As if the situation was not stressful enough, a law firm that previously represented Shilo has now filed its own lawsuit, accusing him of failing to pay his legal fees. This adds another layer to his financial troubles and raises questions about how he will handle mounting costs.
Where Is His Support System?
Fans online are questioning why Shilo’s wealthy relatives have not stepped in. Deion Sanders has an estimated net worth of over 100 million dollars. Shedeur Sanders, who is preparing for the NFL and has some of the most lucrative NIL deals in the country, reportedly has a net worth exceeding 50 million dollars.
Still, based on the filings, Shilo appears to be handling the legal and financial fallout on his own.
Media Take Out will continue following this developing story as Shilo’s future, both financially and professionally, hangs in the balance.