OJ Simpson Net Worth 2024: O.J. Simpson, one of the most famous college football athletes and NFL stars of all time, died aged 76 on April 10, his family announced.
O.J. Simpson was the celebrity ambassador for Hertz rental cars and other major corporations before his arrest and well-publicized murder trial. This increased his income both during his NFL career and for more than ten years after he retired. At the time, he was among the highest-paid NFL players.
Charges of Murder
His on-field success was remarkably eclipsed by allegations of murder in 1994, a slow-moving police pursuit on a highway, his acquittal on murder charges, and a subsequent jail sentence for robbery related to an incident at a Las Vegas casino in 2007.
OJ Simpson Dead
Thirty years after being charged with the murders of his ex-wife and her friend Ron Goldman, Simpson passed away on Wednesday due to cancer. Simpson was ultimately declared not guilty in a trial that attracted widespread media attention, with an estimated 150 million viewers. However, he was later found liable for the two deaths in a civil court and had to pay $33.5 million.
Simpson maintained his innocence for a long time, but his reputation never fully recovered—even after the publication of his book “albeit I Did It” in 2007—which many saw as a hypothetical, albeit incomplete, confession. Simpson only consented to have his name on the book after being paid $600,000, according to what his former manager subsequently revealed to the Huffington Post.
OJ Simpson net worth
O.J. Simpson is a $3 million-rich American football player, actor, and sports commentator. During his 1992 divorce, Simpson put his estimated net worth in a court document, estimating it to be $10.8 million. That would turn out to be Simpson’s highest net worth; just so you know, $10.8 million in 1992 is equivalent to $25 million in the present. The value of his Brentwood estate accounted for about half of his net worth in 1992. In 1977, he paid $650,000 (about $3.5 million today) for that estate. As per the terms of their divorce settlement, O.J.’s monthly salary in 1992 was $55,000.
After accounting for inflation, that works out to almost $125,000 a month, or $1.5 million annually. His contract as an endorsement for Hertz accounted for the majority of that money. O.J. consented to pay Nicole $10,000 a month in child support as well as a one-time payment of $433,750 ($1 million after inflation adjustment) as part of the divorce settlement. Nicole also received a San Francisco rental home from OJ.
More Facts About OJ Simpson’s Net Worth
One of his close pals claims that O.J. had a $2 million pension investing account in the 1990s before he was even convicted. The buddy estimated that the pension fund’s current net asset worth is between $2 and $5 million. The money was managed passively during the last few decades of the friend’s life. Because of his numerous TV and film roles, he was also eligible for a small pension from the Screen Actors Guild. Fortunately for OJ, pension funds are immune to court orders and even bankruptcy, so the Goldman family could never access any of this money. Simpson reportedly received about $400,000 in income each year from his numerous pensions.
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Early Life
Orenthal On July 9, 1947, James Simpson was born in San Francisco, California. Jimmy Lee Simpson, a bank janitor and chef, and Eunice, a hospital administrator, reared him there. O.J.’s father was a well-known drag performer in the San Francisco Bay region who came out as gay and passed away from AIDS in 1986.
After his parents divorced in 1952, O.J. was reared by his mother. O.J. spent a brief period of time behind bars in a juvenile detention facility after joining the street gang The Persian Warriors in his early adolescence. After a fortuitous encounter with baseball great Willie Mays, Simpson resolved to change his ways and avoid mischief. He attended community college following his graduation from Galileo High School and then, thanks to a football scholarship, enrolled at the University of Southern California. He was a finalist for the Heisman Trophy at USC in his junior year and the winner in his senior year.
OJ Simpson NFL Career
The Buffalo Bills selected Simpson with the first overall pick in the 1969 NFL Draft. Simpson asked for $650,000 over five years, which at the time was the biggest deal in professional sports history. Tension and a confrontation with Ralph Wilson, the Bills’ owner, resulted from this. Simpson hinted that he will forgo playing professional football entirely in favor of acting. Wilson eventually consented to Simpson’s demands. During his first three years, he was not very successful and only averaged 622 yards per season. At last, in 1972, Simpson achieved his first career 1,000-yard rushing performance. He was the first player in NFL history to carry for more than two thousand yards in a single season in 1973.
In 1975, he won the rushing title again, rushing 1,817 yards and scoring 16 touchdowns. Simpson’s 1977 season was cut short due to an injury.
Simpson was transferred to the San Francisco 49ers prior to the 1978 campaign, spending two seasons there. On December 16, 1979, he played his last NFL game, losing to the Atlanta Falcons. The last play for O.J. was a 10-yard run for a first down on third and 10. In 1985, he was inducted into the Pro Football Hall of Fame and played in six Pro Bowls. The National Football League 100th Anniversary All-Time Team included Simpson in 2019.
How did OJ Simpson earn money?
The majority of OJ Simpson’s income came from his NFL pension. A former athlete is eligible to get $4,034 after turning 55, but it is thought that Simpson accepted a higher monthly sum of $10,656.
Simpson was an active Cameo user in 2019 and netizens could pay him $250 for a short video.
NFL Earnings
When the Bills selected him in the 1969 draft, O.J. insisted on a $650,000, five-year contract. That is equivalent to about $5.5 million in today’s dollars, inflation included. There was a brief confrontation before he got the deal. It was the biggest contract in professional sports history at the time. Throughout his career, he would consistently rank among the highest-paid players in the league.
He was the highest-paid NFL player even in his last seasons. He made the highest pay in the league in 1978 ($733,668). In his last NFL season, the following one, OJ made $806,668. That is the equivalent of $3.5 million in modern currency. The average NFL pay in 1979 was $69,000, approximately $300,000 in current currency.
Walter Payton was the league’s second-highest-paid player with a salary of $450,000 in 1979.
