OJ Simpson might be the most notoriously famous face in NFL history as we know it today. He was an excellent footballer during his prime. But his image has been marred because of the controversies that have surrounded his life. He also used to be very rich. Before the infamous ‘OJ Simpson trial’ and his divorce from his wife, they estimated him at a net worth of around $10.8 million back in 1992. This would accumulate to around $18 million in today’s day and age. But ‘The Juice’ does not have a lot of juice in-store today.
Half of OJ Simpson’s wealth back then came from an asset that was hidden from the public eye. But soon after, he had to say goodbye to the very thing that gave him his net worth back in the day.
The most valuable asset of OJ Simpson lost in rumbles
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According to Celebrity Net Worth, OJ had a net worth of around $10.8 million in 1992. This came to light after the legal filings of his divorce from his wife, Nicole, back in 1992. The filings showed that half of Simpson’s net worth was because of the value his Brentwood estate carried. OJ Simpson had brought up that estate for $650,000 back in 1977.
But in order to settle the divorce with Nicole back then, he had to pay $10,000 per month in child support. Not only this, but he also had to make a one-time payment of $433,750 to Nicole. Along with all of this, Nicole also received a rented property in San Francisco from OJ Simpson.
Unfortunately, OJ Simpson defaulted on his mortgage payment on the Brentwood estate. This led to him being evacuated from the property in 1997. They bought the estate in foreclosure for $4 million and subsequently demolished it, bringing down Simpson’s net worth altogether.
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What are the sources of income for Simpson in present times?
OJ Simpson today mostly earns his money through a fully funded NFL pension worth up to $5 million. But after his infamous trial back in 1995, they ordered Simpson to pay the Goldman family $33.5 million in damages. But thanks to state laws, the Goldman family cannot recover that amount from Simpson through the pension that he earns. Is is protected by law.
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Simpson has only paid the Goldmans $500,000 of the $33.5 million after he sold most of his personal assets in the 90s. While his pension money is safe, the Goldmans will look to recover any other source of income made by Simpson.
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