Jagged Edge Broke?

Word on the street is that Jagged Edge is broke. The group, who was originally signed to So So Def records and had hits like "Let's Get Married" and "Where The Party At?" are having a sneaker and jersey sale and a few are scratching their heads. Peep the video below and decide for yourself if it's just a little summer cleaning or a way to pay bills.
If you're in ATL and are looking for some cheap shoes, the sale will be held from 11 am-7pm at:
Jagged Edge Sneaker Sale
581 Tallwood Dr.
Stone Mountain, GA 30083
11am-7pm
(Bossip)