$3,000,000 Worth OJ Simpson, Who Sold a $2.6M Property, Now Lives With the Support of $5 Million Fully Funded Pension

OJ Simpson, an American football player, sports commentator, and actor, boasts a net worth of approximately $3 million. The veteran player’s reputation is intertwined with a criminal case from 2007 involving robbery and kidnapping in Las Vegas, an incident that culminated in his conviction.

The lawsuit left OJ Simpson paying millions to the Goldman family. He even sold assets and memorabilia to reduce the debt. Amid this, his main income is a secure NFL pension valued at $5 million, protected by state law from creditors.

NFL pension is Simpson’s primary income

OJ Simpson’s life is connected to the murder of Ronald Goldman. In 1995, he was accused of killing both Ronald Goldman and his ex-wife, Nicole Brown Simpson. He was found not guilty in the criminal trial but was later found liable in a civil lawsuit for Nicole’s death.

In July 1997, a bank bought the house for $2.6 million at auction after Simpson was ordered to pay $33.5 million for wrongful deaths to the Goldman family. Per reports, the families received little, as lawyers and debts took most of the money. As of now, $33.5 million has grown to over $40 million with interest. To pay off the debt, Simpson sold various belongings, reducing the owed amount by about $500,000.

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Currently, Simpson’s main income comes from an NFL pension, valued at up to $5 million. Importantly, this pension is protected by state law, so the Goldman family and other creditors cannot take it to settle the debt.

OJ Simpson was a wealthy man in 1992

In an official submission to the court, Simpson approximated his total assets to be $10.8 million. This amounts to roughly $18 million in today’s currency. About fifty percent of his net wealth originated from the appraised value of his estate in Brentwood. The acquisition of this property took place in 1977 at a cost of $650,000 (equivalent to approximately $2.5 million in 2016 when adjusted for inflation).

According to the terms of the divorce agreement, OJ Simpson earned $55,000 per month in 1992, mainly from his endorsement contract with Hertz. When considering inflation, this amounts to about $92,000 per month or approximately $1.1 million per year.

Following the divorce settlement, OJ committed to providing Nicole with $10,000 monthly to support their children. He also executed a single payment of $433,750 ($730,000 when adjusted for inflation). Additionally, OJ conveyed ownership of a rental property in San Francisco to Nicole.

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