Shilo Sanders' net worth in 2025: From bankruptcy to NFL success with the BuccaneersShilo Sanders' signing with the Tampa Bay Buccaneers is a big deal, not just for his football career but also for his finances. As an undrafted free agent, he secured a three-year, $2.965 million contract. While this deal doesn’t make him an instant millionaire, it opens doors to long-term success, if he can make the roster. His contract breaks down to an average annual salary of about $988,333, which is a solid start for an undrafted player.
Shilo Sanders has signed a 3-year $2,965,000 Rookie contract with the Tampa Bay Buccaneers 🔥🔥 pic.twitter.com/9gH5Q6KoxG
— GUCCE🦬🐦⬛ (@gucceCU) May 9, 2025
However, the real financial opportunity comes in securing a spot on the team’s 53-man roster, which could unlock performance bonuses, incentives, and sponsorships, allowing Shilo to significantly boost his net worth in the coming years.
The bankruptcy filing: Legal woes impacting his net worth
Despite the recent NFL signing, Shilo Sanders has faced significant financial challenges. In October 2023, he filed for Chapter 7 bankruptcy, citing liabilities totaling a staggering $11.3 million. The debt primarily stems from a legal judgment against him, following a 2015 incident when he allegedly assaulted a security guard. The court ruled that Sanders owed $11.89 million in damages.
In 2024, Colorado Shilo Sanders, son of Colorado head coach Deion Sanders, filed for bankruptcy to avoid a $11.89 million Texas court judgment. pic.twitter.com/65jq3JDrhQ
— NFL Rumors (@nflrums) May 25, 2024
At the time of the filing, Sanders listed his assets as being worth around $320,000. These assets included personal property and a 2023 Mercedes-Benz, which reportedly faced repossession efforts due to missed payments. Sanders' bankruptcy case has complicated his financial standing, and the resolution of his legal and debt issues will play a significant role in shaping his net worth moving forward.
If you needed any more evidence not to take third-party NIL valuations as anything grounded in reality:
— Eben Novy-Williams (@novy_williams) May 29, 2024
On3 says Shilo Sanders' projected annual NIL value is $1.1 million.
Shilo Sanders' bankruptcy filings said he made $193,000 in the first ten months of 2023. pic.twitter.com/ua3HizU9Jq
Endorsement deals: NIL success before the NFL
While Sanders’ financial situation has been strained by his bankruptcy, he also capitalized on Name, Image, and Likeness (NIL) deals during his time at the University of Colorado. Before making the leap to the NFL, Shilo secured several lucrative endorsement deals. Brands like Porsche of Jackson, Actively Black, Google, Tint My Ride, EA Sports, and Starz signed him to promote their products and services.
Shilo Sanders beat a HS school security guard so badly that his neck was broken & he became permanently incontinent (details below).
— Mark Schipper - 5th Down CFB (@5thDownCFB) May 24, 2024
Sanders lost the lawsuit filed for that beating in 2016 and was ordered to pay $11.89 million in damages to his victim.
Sanders made a… https://t.co/bwVApqU8mU pic.twitter.com/iSS7nT4iom
His NIL valuation was estimated to be around $539,000, and he ranked among the top 100 college athletes in terms of NIL earnings. These deals not only contributed to his earnings but also boosted his public profile, paving the way for his NFL contract.
Asset management and legal scrutiny: A closer look
Shilo’s financial journey is not without controversy. During his bankruptcy proceedings, several financial discrepancies came to light. For example, Sanders had failed to disclose certain NIL deals and other income streams. Additionally, he owned companies like Big 21 LLC and SS21 LLC, which were purportedly used to manage his endorsement income.
𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Shilo Sanders’ NIL earnings have been called into question after declaring bankruptcy, per @denverwestword
— Dov Kleiman (@NFL_DovKleiman) May 24, 2024
He’s facing a $11.89M lawsuit alleging he attacked a security guard at a Texas high school in 2015. pic.twitter.com/xDOjTXTCRQ
While Shilo Sanders is undoubtedly facing financial challenges, his NFL contract gives him a chance to turn things around. His three-year, $2.965 million deal with the Buccaneers provides a substantial base salary, but his real financial growth depends on his performance on the field and his ability to make the final roster.
Also read - “I ain’t got no code yet”: Shilo Sanders cracks jokes on Day 1 with Bucs after surprise $2.9M NFL deal
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