RedactedNarrative: Two subjects, were fishing, when they noticed water in the back of their vessel, LA 6922 EZ a 23' Hydrasport remote steering. Both subjects jumped in the water over the port side of the vessel as it flooded and capsized. No drugs or alcohol were used. Neither subject was able to put on a PFD. Contributing factors are faulty equipment mainly a broken livewell intake pipe. The motor was deemed unsalvageable by the insurance company.