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School co-founded by Deion Sanders in danger of closing

Deion Sanders is considered one of the best defensive backs in NFL history. A 2011 inductee into the Pro Football Hall of Fame, "Prime Time" was also an eight-time Pro Bowler. But the success Sanders had on the field unfortunately hasn't translated to the charter school he co-founded in 2012. According to The Dallas Morning News, Prime Time Prep is in danger of losing its charter. From the report:

Members of the former administration have said the school is in financial crisis, and it’s not certain if Prime Prep can survive until the end of this school year. The school missed the December payday and had to pay employees about a week and a half late. Prime Prep has also missed paying employee health insurance premiums payments, Teacher Retirement System of Texas contributions and unemployment insurance.

Yikes. That doesn't sound good. The institution has had a tumultuous existence in its short run. Sanders was fired — then rehired the next day — after choking the school's chief financial officer. Just last year, Prime Prep lost its eligibility to be part of the National School Lunch Program.

In a Facebook status posted to his page Monday, it appeared Sanders had thrown in the towel.

Sounds like goodbye (Courtesy: Deion Sanders Facebook page)
Sounds like goodbye (Courtesy: Deion Sanders Facebook page)

Per KERA News, managers installed by the Texas Education Agency (TEA) have called a meeting Friday to discuss when they might shut down the school for good.