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O.J. Simpson’s Net Worth - How the Ex-NFL Player Makes Money in 2024?
All about O.J. Simpson’s Net Worth. Read about his NFL Salary and Career Earnings, how he lost his money, and how he makes money through this pension.
From being one of the most successful football players of all time to getting accused of his ex-wife's murder, O.J. Simpson has seen it all. O.J. Simpson is a name that the world knows about. But while most people know almost everything about his legal matters, there's a lot to be talked about around his net worth.
What Is O.J. Simpson's Net Worth in 2024?
According to CelebrityNetWorth, O.J. Simpson's net worth is $3 million in 2024. The football star was married to his late ex-wife, Nicole Brown Simpson, before the two parted ways in 1992 after spending seven years together. As per a court filing, the football star had an estimated net worth of $10.8 million at the time of his divorce.
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O.J. Simpson's NFL Salary and Career Earnings
O.J. Simpson is a former NFL player who played in the league for almost a decade, from 1969 to 1979. In his prime, the ex-football player was one of the highest-paid athletes in the NFL and earned some good earnings from salaries and contracts. O.J. Simpson was drafted by the Buffalo Bills in 1969.
During his draft, O.J. Simpson signed a five-year-long contract with the Bills worth $650,000. If we consider inflation, that amount will be around $4.5 Million on today's date. Before the 1978 NFL season, the San Francisco 49ers were traded to the San Francisco 49ers with a three-year contract, which came with an annual salary of $733,000.
Apart from being one of the highest-paid NFL players of his time, O.J. Simpson made some good income from endorsement deals. O.J. Simpson signed endorsement deals with brands such as Pioneer Chicken, Chevrolet, and Hertz. From the Chevrolet deal, O.J. Simpson made about $250,000.
The O.J. Simpson Trial
O.J. Simpson's life took a U-turn when he was charged with the murder of his late ex-wife, Nicole Brown Simpson, and Ron Goldman, her friend, in 1994. In 1995, O.J. Simpson was acquitted of criminal charges on him, which was then followed by a very lengthy criminal trial. O.J. Simpson's criminal trial was famously called People VS Simpson 1995.
O.J. Simpson lost the civil trial and was convicted of the death, offering to pay about $33.5 Million in damages. In December 2001, O.J. Simpson's Miami house was raided by the FBI on suspicion of money laundering and drugs. The FBI found equipment linked to stealing satellite TV programming. O.J. Simpson ended up with another lawsuit.
Six years later, in September 2007, O.J. Simpson was arrested with several charges from Las Vegas. Some of the charges that were on his head were armed robbery, assault, criminal conspiracy, and kidnapping. O.J. Simpson was found guilty in a trial in 2008, resulting in a sentence of 33 years.
In 2017, O.J. Simpson was released from prison after getting parole. At the time of his release, he had already served about 9 years of prison time. In December 2021, he became a free man after getting an early release from parole.
How Did O.J. Simpson Lose His Money?
O.J. Simpson was among the highest-paid NFL players, but things turned out wrong for him. The former NFL player lost most of the money he earned due to legal suites that he lost. O.J. Simpson was ordered to pay $33.5 Million for losing a civil suit in 1996, but all he paid was $500,000. In June 2021, O.J. Simpson managed to settle about $60 Million against the civil court verdict.
O.J. Simpson's Pension Money
When O.J. Simpson turned 55, he officially became eligible to receive a pension from the league he retired from. But interestingly, O.J. Simpson held himself off until he turned 65 for taking the pension payments from the NFL. The ex-Bills player did that so he could receive a large monthly payment.
Starting in 2021, the NFL began to pay him $10,575 a month instead of $4034. But since he was in prison all this time, he couldn't actually use any of that money. As a result, all that pension accumulated and turned out to be $602,000. Moreover, O.J. Simpson also has about 2-5 Million in personal pension.
O.J. Simpson's House and Cars
O.J. Simpson played smart with his money and made some good investments in real estate back in his prime time. This includes his golf course and rental properties. The retired NFL player makes some good numbers from his rental income in Florida and California.
According to legal filings submitted after his divorce in 1992, more than 50% of O.J. Simpson's net worth came from his Brentwood estate. He purchased that estate back in 1977 for $650,000, and its value in today's market is more than 2.5 Million.
Disclaimer: All amounts mentioned in the article are sourced from public platforms. In some cases, celebrities or their teams give their input too, which we incorporate if provided by them. We make all efforts to share possible accurate numbers, however, unless otherwise mentioned they are all approximate. We are open to feedback and suggestions on editorial@pinkvilla.com.
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