The Broke and the Beautiful: Rich Dad, Poor Dad Edition

This week on The Broke and the Beautiful, we’re betting financial self-help guru Robert Kiyosaki isn’t feeling so rich. Also, testimony from Nevin Shapiro’s right-hand man is stirring the pot for the Miami Hurricanes.

At first, he started out real cool, but Robert Kiyosaki’s bills have caught up with him. According to the New York Post, Kiyosaki, who’s known for writing financial self-help book “Rich Dad, Poor Dad,” put one of his companies in bankruptcy after losing a court judgment. Court documents show that Rich Global LLC, which was ordered to pay almost $24 million to the Learning Annex, filed for bankruptcy in August with assets of $1.8 million and debts of $26 million.

“I took Kiyosaki’s brand and made it bigger. The deal was I would get a percentage, and he reneged,” Bill Zanker, Learning Annex’s founder and chairman, told the Post. “We had a signed letter of intent. The Learning Annex is the greatest promoter….Oprah believed in him, and Will Smith believed in him, but he didn’t keep his promise to us.”

The Miami Hurricanes are gearing up for some important games, including their Oct. 20 homecoming game against Florida State University. But even though the team is so far sporting a winning record this season, the news isn’t all good. The Miami Herald detailed testimony from Sean “Pee Wee” Allen, who flew high by the side of convicted Ponzi-scheme operator Nevin Shapiro, formerly one of the Hurricanes’ biggest boosters. The Herald noted that Allen started telling the truth after getting a subpoena from Shapiro’s lawyer last December. Among other things, Allen has supported claims that Shapiro gave dozens of Hurricanes players and recruits alcohol, gifts, money, parties, prostitutes and visits to strip clubs.

“At first, I was a little concerned, ‘I’m going to get busted,’” Allen told the Herald in an interview. “After a certain amount of time went by, I was like, ‘Dang, I’m getting away with everything.’ ”

Now, Shapiro’s serving 20 years in prison for running his $930 million scheme.

We noted last week that former Boston Red Sox player Curt Schilling might have to sell off his famed bloody sock to help pay debts in the bankruptcy case of his failed videogame company, 38 Studios LLC. This week, Rhode Island Gov. Lincoln Chafee, who hasn’t exactly had a harmonious relationship with Schilling, met with the state’s Economic Development Corp. to talk about possible litigation related to the company’s collapse. No votes were taken, according to the Providence Journal, and it’s not clear what will come next as Rhode Island figures out if any money can be recovered from 38 Studios.

Former football star Warren Sapp is selling a house in Florida to the highest bidder. But as TMZ notes, Sapp might be able to buy back some of the stuff he had to sell as part of his bankruptcy case. Court documents show that Sapp struck a deal with his bankruptcy trustee on buyback rights for certain nonexempt assets, including a 2002 Super Bowl Ring, a surfboard and other personal property. Unfortunately, the agreement bars him from recouping all those Air Jordans.

Rapper Young Buck hasn’t graced Broke with his presence too often since he was carted off to prison in August. But while he’s currently serving 18 months behind bars, his stuff could end up serving the needs of some high bidders on eBay . Seller Vintagemusicgear is offering up a craps table and an HDTV-compatible projector, among other things.

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa.