In this article we have featured Oj Simpson Net Worth, O.J. Simpson has a net worth of $3 million and is a former American football player, sports commentator, and actor. He is also a convicted criminal in connection with a 2007 robbery/kidnapping that occurred in Las Vegas. His financial responsibility for Ronald Goldman’s murder has been determined.
Ron and Nicole’s murder was ruled not guilty by a jury. No civil suit was filed against him. OJ was ordered to pay $33.5 million in damages to the Goldman family as a result of the Ron Goldman civil case. Interest has pushed that amount to over $40 million today. Various assets and memorabilia were sold to pay down roughly $500,000.
O.J. ‘s primary source of income today is his fully funded NFL pension, which is reportedly worth up to $5 million. Pension money from the Goldman family is protected by state law.
Oj Simpson Net Worth-Wealth History
In 1992, when OJ divorced Nicole, he had a net worth of $10.8 million, according to court filings. In today’s dollar terms, that would be around $18 million.
The value of his Brentwood estate contributed approximately half of his net worth. The estate cost him $650,000 in 1977 (approximately $2.5 million in 2016 dollars). In addition, according to the same filings, OJ earned $55,000 each month in 1992. After adjusting for inflation, that works out to about $1.1 million today. Hertz endorsements accounted for most of his income.
OJ settled for paying Nicole $10,000 as child support per month plus $433,750 (approximately $730,000 after inflation). Nicole was also given a San Francisco rental property by OJ. In 1997, OJ was evicted from his Brentwood mansion for defaulting on the mortgage. Foreclosure on the 6,200 square foot house brought $4 million in 1998 and it was demolished.
July 9, 1947, was O.J. Simpson’s birth date in San Francisco, California. A chef and bank custodian, Jimmy Lee Simpson was his mother and an administrator at the hospital. He died of AIDS in 1986, years after he announced he was gay. O.J.’s dad was a popular drag queen in the San Francisco Bay area. He was raised by his mother after his parents separated in 1952. When he was a teenager, O.J. became a member of the Persian Warriors street gang and was briefly imprisoned. Willie Mays’ chance encounter inspired Simpson to stay out of trouble and clean up his life. A football scholarship allowed him to attend the University of Southern California after he graduated from Galileo High School. His junior year at USC saw him vie for the Heisman Trophy. He won the award as a senior.
What is O.J. Simpson’s net worth?
With the NFL and Screen Actors Guild pensions, Simpson still makes money despite his financial ruin. Money.com estimates that the money could be worth up to $3 million, though it is not required to go toward his court settlements. The situation is far from ideal, however, with nearly $40 million in debt outstanding.
What happened in 1994 will always tarnish Simpson’s legacy. After a quarter-century, it still captures the nation’s attention. Some people believe Simpson shouldn’t suffer. However, both his financial worth and his public standing have declined; it’s unlikely he will ever recover now that he’s 73.
Simpson was the Buffalo Bills’ first-round draft pick in 1969. In 2007, Simpson signed a five-year, $650,000 contract that was the largest contract in sports history.
This resulted in tension between Ralph Wilson and the Bills’ owner. Simpson considered quitting pro football and becoming an actor instead. Wilson eventually accepted Simpson’s offer. He averaged only 622 yards a year in his first three years.
Simpson finally ran over 1,000 yards in his professional career in 1972. As a rookie in 1973, he rushed for more than 2000 yards in a single season. In 1975, he ran for 1,817 yards and scored 16 touchdowns to win the rushing title again. He missed most of the 1977 season due to an injury.
He spent two seasons with the San Francisco 49ers after being traded before the 1978 season. It was a loss to the Atlanta Falcons on December 16, 1979 that marked the end of his NFL career.
On 3rd and 10, O.J. ran for 10 yards for a first down. The Pro Football Hall of Fame enshrined him in 1985 after he played in six Pro Bowls. As part of the 100th anniversary of the National Football League, Simpson was named to its All-Time Team.
OJ sought (and ultimately received) a $550,000 contract when he was drafted by the Bills (after a brief standoff). After adjusting for inflation, that would be the equivalent of around $4.5 million today. The deal was the biggest contract in sports history at the time.
In addition to being an actor and television producer, Simpson also acted in commercials. He was already acting in TV and films before he retired from the NFL. In the early 1980s, he produced a series of TV movies and appeared in films such as the Klansman and The Naked Gun series. Throughout the 1970s, OJ served as a spokesperson for the Hertz car rental company. When James Cameron cast Arnold Schwarzenegger as the Terminator in 1984, Simpson was not in the picture.
Is OJ Simpson now a ‘free man’?
On December 1, 2021, OJ will be released from parole.
As Simpson’s lawyer in Las Vegas, Malcolm LaVergne said, “Mr. Simpson is now a free man.”
In a statement on December 14, Nevada State Police spokeswoman Kim Yoko Smith said that the news followed an up-to-the-minute hearing before the Nevada Board of Parole
Simpson’s lawyer said he did not want to be interviewed right away.
He may relocate to another state or remain in Nevada.
A gated community in Las Vegas welcomed him, and now he plays golf there.
It’s common for OJ to comment on college and pro sports on Twitter, particularly football.
Simpson also appeared as a commentator on Monday Night Football, which aired on ABC at that time.
OJ Simpson Taught Us Three Important Lessons
Here are a few lessons we can take from OJ Simpson:
1. Money is important
There is no doubt about this one. We’ve accepted for a long time the social reality that wealthy people enjoy better food, house comfort, and health care.
Why are we surprised that they get better representation in court? If a man’s life or liberty is on the line, why do we find it surprising that he will use all the resources at his disposal?
2. You Cannot Know Your Place in History
You will still have your moment. Be confident.
3. You won’t please everyone, and that’s OK
It’s the same as trying to please everyone. Still, there’s more to life than that.
Summary: Oj Simpson Net Worth 2022
Actor, the commentator, and former NFL player, OJ Simpson, is best known for his involvement in American football. A season in which he covered over 2000 yards holds the record for being the first player to accomplish the feat.
It is also a record for him to average 143.1 yards per game in a single season. The convicted felon is currently serving his sentence of 33 years’ imprisonment without parole at the ‘Lovelock Correctional Center’ in Nevada.
According to Forbes, OJ Simpson has a net worth of $3 million as of 2022.