Deion Sanders’ Son Shilo Sanders Accused Of Improperly Moving NIL Earnings As Trustee Claims Funds Belong To Creditors

Deion Sanders, Shilo Sanders

Deion Sanders’ Son Shilo Sanders Accused Of Improperly Moving NIL Earnings As Trustee Claims Funds Belong To Creditors

Shilo Sanders’ bankruptcy fight just escalated into a high-stakes money tug-of-war — and the court trustee is not backing down.

A new December 17 filing obtained by USA Today shows trustee David Wadsworth formally challenging Sanders’ attempt to derail the case, arguing that nearly a quarter-million dollars was wrongly moved out of reach after Sanders sought Chapter 7 protection. The funds came from NIL deals that ran through two entities — Big 21 and Headache Gang — which are now central to the dispute.

Sanders’ attorneys say the income is off-limits because it was earned after the bankruptcy filing. But the trustee fired back bluntly: “The Defendants are wrong.”

Court filings further note that “Sanders relies on the unsupported argument that all funds in the Big 21 Bank Account were post-petition earnings,” and add that money already sat in the account when the case was filed — weakening Sanders’ defense.

At stake is an $11.89 million default judgment and multiple pending creditor claims, leaving Sanders’ financial future hanging in the balance.

What are your thoughts on Shilo’s money drama?