OJ Simpson Net Worth

Net Worth:	$3 Million
Date of Birth:	July 9, 1946 (78 years old)
Gender:	Male
Height:	6 ft (1.85 m)
Profession:	American football player, Actor, Film Producer
Nationality:	United States of America

What is O.J. Simpson’s net worth?

O.J. Simpson is an American soccer player, sports commentator, and performer who has a net worth of $3 million. Due to a 2007 robbery/kidnapping that occurred in Las Vegas, he is also a convicted criminal. In Ronald Goldman’s murder, Simpson was also determined to be financially at fault.

Simpson was found not guilty of the 1995 murders of Ron Goldman and his ex-wife Nicole Brown Simpson. In relation to Nicole’s demise, he was not civilly sued.

OJ was made to pay $33.5 million in damages to the Goldman family as a consequence of the civil lawsuit involving Ron Goldman. After taking into account interest, that sum now exceeds $40 million. The sale of various assets and collectibles allowed for a roughly $500,000 debt reduction.

Childhood

O.J. Simpson was born in San Francisco, California on July 9, 1947.  He was brought up there by Jimmy Lee Simpson, a cook, and Eunice Simpson, a hospital administrator, and bank keeper.

O.J.’s father was a well-known drag queen in the San Francisco Bay area, came out as gay, and died of AIDS in 1986.

O.J. was reared by his mother after his parents separated in 1952. O.J. spent a brief period of time in a juvenile detention center before joining the street gang ‘The Persian Warriors”.

Simpson was motivated to improve his life and steer out of crime by a chance encounter with baseball legend Willie Mays.

After graduating from Galileo High School and before enrolling at USC on a football scholarship, he attended a community college.

Entertainment Career

Additionally, Simpson is well-known as an actor, television producer, and commercial spokesman. Even before he departed the NFL, he was already appearing in TV series and films.

He appeared in films including The Klansman, The Naked Gun, and the miniseries Roots. In the early 1980s, he also produced a number of TV movies. Beginning in the 1970s, OJ represented Hertz as its spokesperson.

In 1984, James Cameron considered casting Simpson as the lead in The Terminator. However, Cameron finally decided to go with Arnold Schwarzenegger, and Simpson was not involved in the production.

Alongside his acting career, Simpson also worked as a pundit for ABC’s Monday Night Football at the time.

NFL Career

Simpson was selected first overall by the Buffalo Bills in the 1969 draft. When Simpson made his demand, $650,000 over five years was the highest deal in his professional sport’s history.

Simpson reportedly made threats to quit professional football and pursue an acting career instead. In the end, Wilson consented to Simpson’s demands. His first three seasons were difficult; he averaged only 622 yards.

For the first time in his professional career, Simpson eventually ran for more than 1,000 yards in 1972. In 1973, he set a record by rushing for more than 2000 yards in a single campaign. 1975 saw him claim the rushing crown once more after rushing for 1,817 yards and 16 touchdowns.

Simpson’s 1977 campaign was shortened due to an injury. Before the 1978 season, Simpson was traded to the San Francisco 49ers, where he played for two seasons. He participated in his final NFL game, the loss to the Atlanta Falcons, on December 16, 1979.

O.J. finished the game by rushing for 10 yards on third and 10 to gain a first down. He played in six Pro Bowls, and in 1985, he was honored with induction into the Pro Football Hall of Fame. In 2019 the National Football League’s 100th Anniversary All-Time Team included Simpson.

NFL Income

When he was chosen by the Bills, OJ requested a 5-year, $650,000 contract. After a protracted negotiation, he eventually received it. After adjusting for inflation, that is equivalent to about $4.5 million right now. At the time, it was the most expensive contract in the annals of professional sports.

Assassinations of Nicole Brown and Ronald Goldman

Simpson was accused of killing Nicole Brown, her friend Ronald Goldman, and their ex-husband in 1994.

They had been found stabbed to death on June 12, 1994, outside Nicole’s Brentwood condominium. Despite the fact that he remained silent, Simpson quickly became a subject of interest in their murders.

On June 17, five days later, he was the object of a slow-speed police pursuit while riding as a passenger in his friend Al Cowlings’ now-famous white Ford Bronco.

The 1994 NBA Finals were cut short by television networks so that the pursuit could be shown live to an estimated 95 million spectators.

O.J. Simpson’s arrest and prosecution resulted in one of the most extensively reported trials in American history.

After deliberating for 11 months, the jury rendered a not-guilty decision on October 3, 1995. An estimated 100 million people watched the live verdict announcement.

After a civil trial, Simpson was found guilty and ordered to pay the Goldman and Brown families $33.5 million in damages. About $500,000 of those damages have already been paid by him. OJ now owes more than $40 million when interest is added.

Subsequent Arrest

Following his arrest in 2007 for stealing sports collectibles, Simpson was found guilty of a number of felonies, including kidnapping, robbery, assault, and criminal conspiracy. He received a 33-year sentence, but on July 20, 2017, he was given parole, and he was eventually freed in October 2017.

Pension funds

OJ was qualified to collect a pension from the NFL once he turned 55. Simpson is thought to have delayed claiming his pension payments until he was 65 in order to earn a greater monthly payment ($10,565 as opposed to $4,034). If this is accurate, the NFL started paying him $10,565 each month in 2012.

Simpson would have accumulated about $602,000 in his bank account, as he could not access or spend this money while he was incarcerated. One of OJ’s close pals claims that he also has a fully funded personal pension, which, depending on how the assets were invested and performed, could be worth $2 million to $5 million.

A pension from the Screen Actors Guild that pays about $1700 per month is also said to be available to him. Fortunately for him, the Goldman family cannot receive pension funds due to bankruptcy or court order.

Wealth Overview

OJ had a net worth of $10.8 million at the time of his divorce from Nicole in 1992, according to court documents. That is nearly $18 million in today’s money. His Brentwood estate’s worth accounted for about half of his total net worth. For $650,000 in 1977 (about $2.5 million in 2016 USD), he purchased that estate.

Additionally, the same documents revealed that O.J. earned $55,000 per month in 1992. After accounting for inflation, that amounts to nearly $1.1 million each year, or $92,000 per month. His endorsement deal with Hertz was responsible for the majority of that cash.

OJ consented to pay Nicole $10,000 per month in child support as well as a lump sum payment of $433,750 ($730,000 after accounting for inflation) as part of the divorce settlement.

OJ didn’t get kicked out of his Brentwood mansion until 1997 when he had fallen behind on the mortgage. The 4,200,000-square-foot home was demolished in 1998 after being acquired in foreclosure for $4 million.

Relationship

Simpson wed Marguerite Whitley when she was 19 years old. Together, they have three children: Arnelle, Jason, and Aaren Simpson. In August 1979, Aaren tragically perished in the family pool.

She met Nicole Brown, a club waiter in 1977. Even though Simpson was still legally married to his first wife, they began dating. Whitley and Simpson divorced in March 1979. After being married in February 1985, O.J. and Nicole had Sydney and Justin.

They were married for seven years. Simpson pleaded not guilty to charges of domestic abuse in 1989. Their divorce was finalized in 1992. They attempted a reconciliation in 1993, but it failed.

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