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.
And this filing raises questions about Sanders’ NIL earnings. Sanders — who is the son of Colorado head coach Deion Sanders and the older brother of quarterback Shedeur Sanders — holds an On3 NIL valuation of $1.1 million, considering the value of various endorsements and his roster value to the Buffaloes. That figure ranks No. 12 among college football players.
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.
Sanders lost the lawsuit when it went to trial in 2022 after failing to appear, as the court awarded Darjean an $11.89 million judgement against Sanders.
By virtue of his perch at Colorado as the Buffaloes have risen to off-field prominence in college football, Sanders has signed endorsement deals with massive brands like Google, Starz, Oikos (for a Super Bowl ad) and of course the EA Sports video game.
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.
This story will be updated.
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