OJ Simpson Net Worth – Orenthal James Simpson is a former American football player, broadcaster, actor, commentator, and advertising spokesman.
His nickname is “Juice.” Once he was a famous figure with the American public, but now he is best recognized for being attempted for the murders of his past wife, Nicole Brown Simpson, and her friend Ron Goldman. He was exempted from the murders in criminal court but was later found guilty of both deaths in a civil trial.
OJ Simpson Net Worth
OJ Simpson net worth is estimated to be around $3 million.
Simpson’s Early life
His parents divorced in 1952, and he was raised by his mother’s father. Simpson’s father was a famous drag queen in the Bay area of San Francisco who later in life declared he was gay. His father died of AIDS in 1986.
In his initial teenage years, he entered the street gang, The Persian Warriors and was briefly jailed at a juvenile detention center. He got an opportunity to meet with baseball star Willie Mays during his 3rd arrest.
Willie encouraged him to prevent trouble and inspired him to reform his existence. He played for the school football team, the Galileo Lions, at Galileo High School in San Francisco.
After graduating in 1965, he enrolled in community college before moving to the University of Southern California on a football scholarship. At USC, Simpson was a competitor for the Heisman Trophy as a junior and achieved the award as a senior.
Simpson’s NFL (National Football League) Career
In 1969, he was drafted as a primary draft pick by the Buffalo Bills. He charged what was at that time the biggest agreement in pro sports history, $650,000 for 5 years. This led to conflict and a deadlock with the Bills’ owner Ralph Wilson.
He threatened to skip playing pro football completely and serve as an actor. Finally, The Bill’s holder, Wilson, approved Simpson’s terms. He strived in his first 3 years and averaged barely 622 yards per season.
Eventually, he rushed over 1,000 yards for the first time in his pro career in 1972. In 1973, he succeeded in being the first NFL player to rush for over 2000 yards in one season. In 1975, Simpson won the rushing crown again, rushing 1,817 yards and achieving 16 touchdowns. His 1977 season was cut short due to a wound.
He was traded to the San Francisco 49ers before the 1978 season, where he stayed for 2 seasons. His last NFL game was on 16 December 1979, when he lost to the Atlanta Falcons. Simpson’s ultimate play was a 10-yard run on 3rd and 10 for a first down.
He played in six Pro Bowls. In 1985, he was enlisted into the Pro Football Hall of Fame in. In 2019, he was appointed to the National Football League (NFL) 100th Anniversary All-Time Team.
Simpson’s Entertainment Career
Apart from being a famous football player, Simpson was a prosperous actor, TV producer, and commercial spokesman. He starred in TV and film even before he retired from the NFL. Simpson starred in movies such as The Naked Gun series, The Klansman, and the miniseries Roots.
He also created a series of television films in the earlier 1980s. Beginning in the 1970s, Simpson was the commercial spokesman for the Hertz car rental company. In 1984, he was contemplated by James Cameron played the title character in The Terminator, but Cameron finally cast Arnold Schwarzenegger as The Terminator while Simpson was not involved in the movie.
Simpson also served as a commentator for Monday Night Football, which was released on ABC at that time.
OJ Simpson- Personal Life
On 24 June 1967, at 19, Simpson tied the knot with Marguerite Whitley. The couple together had 3 kids, Arnelle, Jason, and Aaren. In August 1979, Aaren died by drowning in the family’s swimming pool.
In 1977, Simpson confronted nightclub waitress Nicole Brown. He started dating Brown while he was still married to his former wife. Simpson and Whitley separated in March 1979. Simpson married Brown on 2 February 1985, five years after he retired from professional football.
They had 2 kids, Sydney and Justin. Their relationship lasted for seven years. He defended no debate on spousal abuse in 1989. Brown filed for divorce on 25 February 1992. They tried reconciliation in 1993 but failed.
In 1994, he was accused of the murder of his former wife, Nicole Brown, and her friend Ronald Goldman. Both had been found knifed to death outside Nicole’s Brentwood condo on 12 June 1994.
Simpson was directly a person of interest in their killings but did not turn himself in. After five days, on 17 June, he was the topic of a low-speed race by a cop riding as a passenger in the now-infamous white Ford Bronco, moved by his friend Al Cowlings. Television stations suspended the 1994 NBA finals to broadcast the chase live to a calculated 95 million watchers.
The arrest and trial of Simpson were one of the most publicized trials in American history. Eleven months later, on 3 October 1995, the jury rendered a decision of not guilty. A computed 100 million people tuned in to watch the judgment live. He was thereafter convicted in a civil trial and was charged to pay $33.5 million in harm to the Brown and Goldman families. To date, he has paid roughly $500,000 of those charged amounts. With interest, Simpson owes above $40 million.
OJ Simpson’s Successive Arrest
In 2007, OJ Simpson was arrested for looting sports memorabilia and was sentenced on charges of numerous felony records, including assault, kidnapping, criminal conspiracy, and robbery. Simpson was punished for 33 years but was discharged in October 2017 after being approved for parole on 20 July 2017.
OJ Simpson Net Worth and Salary
Simpson has a net worth of $3 million. Simpson was mandated to pay the Goldman family $33.5 million in damages in the Ron Goldman civil trial. That number has risen to over $40 million today with interest. Approximately $500,000 was paid through the sale of many memorabilia and assets.
Simpson’s Pension Money
After he turned 55, Simpson was qualified to obtain a pension from the NFL. It is widely assumed that Simpson delayed taking his pension income until he was 65 so he could collect a larger monthly payment of $10,565 per month rather than $4,034. Believing this is true, the NFL started paying him $10,565 per month beginning in 2012.
As he could not use this money while he was in jail, almost $602,000 would have built up in Simpson’s bank account. According to one of his near friends, Simpson also reportedly has a fully funded unique pension that is worth anywhere from $2-5 million, depending on how the properties were invested and performed. He moreover reportedly has a Screen Actor’s Guild pension that pays over $1700 per month.
Today Simpson’s major source of income is a fully-funded NFL pension that is reportedly worth as large as $5 million. State statute safeguards this pension money from being claimed by the Goldman family.
OJ Simpson NFL Earnings
When he was recruited by the Bills, Simpson demanded $650,000 for a 5-year contract. That is the same as over $4.5 million today after adapting for inflation. At that time it was the heftiest contract in professional sports history.
At the time of his divorce from Brown in 1992, OJ Simpson net worth was $10.8 million. Over half of his net worth came from the price of his Brentwood estate. Simpson purchased that estate in 1977 for $650,000.
According to the settlement terms of their divorce, his monthly income in 1992 was $55,000. The bulk of that income came from his Hertz approval contract.
That is equal to $92,000 per month after modifying for inflation, almost $1.1 million per year today. He also gave Brown a rental residence in San Francisco. Simpson continued to live in his Brentwood villa until he was expelled in 1997 after defaulting on the mortgage. The 6,200-square-foot house was acquired in foreclosure for $4 million and destroyed in 1998.
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