• Loading stock data...
Wednesday, April 1, 2026
Law

Why Shilo Sanders’s NIL Deals Are an Issue in His Ongoing Bankruptcy

  • Shilo plays for his father, Deion Sanders, at Colorado. 
  • Lawyers believe Sanders is hiding NIL funds.
Candice Ward-USA TODAY Sports

In 2022, a court ruled that Colorado safety Shilo Sanders owed John Darjean more than $11 million in damages. Darjean, a security guard at Sanders’s Dallas-area high school, alleged that Sanders assaulted him in 2015—when the football player was just 15—badly injuring his back.

Sanders and his father, Colorado football coach Deion Sanders, have denied the allegations, accusing Darjean of instigating the incident. But the enormous judgment against him led him to declare bankruptcy last year. Sanders’s lawyers said at the time that he wanted to “get a fresh start, free from the oppressive burden of his debts,” which are almost entirely owed to Darjean.

Now, the bankruptcy case pursuing Sanders’s assets says the safety is not being fully honest about his income—assets that would go to Darjean as the primary creditor in the bankruptcy case.

On Tuesday, the judge overseeing the case approved a request to hire a special counsel after reaching an “impasse” with Sanders’s legal team over his income from name, image, and likeness deals. USA Today first reported the legal move.

The request of a special counsel, which was filed Monday but approved Tuesday, is the latest attempt for the trustees to accumulate Sanders’s assets to sell off. 

Sanders has a large array of NIL deals, but the bankruptcy trustee says he hasn’t been transparent about them in the case.

“While the Debtor has provided the Trustee with certain NILs, the Trustee needs to confirm he has received all of the NILs and has full information of the use of revenue generated by the NILs,” read the request for the special counsel.

Lawyers for Darjean say Sanders has used LLCs to hide some of his NIL income, according to USA Today. Deals with Oikos and KFC—companies that Sanders has appeared in ads for—were not included in the $193,713 in 2023 income Sanders declared in the case, according to Darjean’s lawyers.

Sanders and his father did not publicly comment on the filing until earlier this summer, and they brushed it off when they finally did so. “Shilo’s good,” the elder Sanders told USA Today last month. “You know what I want you to do? I want you to do this for me: I want you to do your homework and do a whole investigation on that and then write that. I mean the whole complete investigation on what truly happened.”

Sanders, now 24, is a graduate student in his final season of eligibility.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 23, 2025; Green Bay, Wisconsin, USA; Green Bay Packers defensive end Micah Parsons (1) celebrates after sacking Minnesota Vikings quarterback J.J. McCarthy (9) (not pictured) during the game at Lambeau Field. Mandatory Credit: Jeff Hanisch-Imagn Images

As Concussions Rise, NFL Shifts Focus to Face Masks

The league is looking to improve an oft-overlooked piece of equipment.
Feb 27, 2026; Indianapolis, IN, USA; The NFL Network logo on the field during the NFL Scouting Combine at Lucas Oil Stadium. Mandatory Credit: Kirby Lee-Imagn Images

Business as Usual at NFL Network as ESPN Era Begins

There were no noticeable on-air changes for NFL Network on Wednesday.

Why a Furniture Store Is Risking $50M on UConn Basketball

Jordan’s Furniture will refund purchases if both Huskies teams make the final.

Goodell: Tisch Is No Longer Giants Owner, No Policy Violation

The commissioner says the league has “not found anything that’s a violation.”

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”
Lululemon at Jordan Creek Towne Center on Friday, Oct. 31, 2025, in West Des Moines.

Customers Sue Lululemon for Piece of Eventual Tariff Refund

The retailer said it was raising prices in June.
March 26, 2026

New Federal Bill Could Stand in the Way of Bears Move to Indiana

The measure would essentially federalize Ohio’s Modell Law.
March 27, 2026

Bettors Target ‘Microbets’ With Suits Against FanDuel, DraftKings

Plaintiffs’ losses range from $170,000 to more than $1.8 million.
Sponsored

Cameron Boozer & Cayden Boozer Talk Pressure, Benefit of Playing Together

The Boozer twins have built their games, and their identities, side by side.
March 24, 2026

Frank Thomas Hits White Sox, Nike, and Fanatics With NIL Lawsuit

Thomas claims the companies have sold his jerseys without consent.
March 23, 2026

Michael Johnson to Repay $500K in Grand Slam Track Bankruptcy Deal

The troubled track league struck a deal with some vendors, filings show.
Jun 8, 2025; Cleveland, Ohio, USA; Cleveland Guardians relief pitcher Emmanuel Clase (48) celebrates after the Guardians beat the Houston Astros at Progressive Field. Mandatory Credit: Ken Blaze-Imagn Images
March 20, 2026

Emmanuel Clase, Luis Ortiz Now on Unpaid Leave

The Guardians duo was previously placed on the league’s non-disciplinary list.
Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE
March 17, 2026

Arizona Charges Kalshi With ‘Running an Illegal Gambling Operation’

It’s the first time Kalshi has been charged with crimes over sports offerings.