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O.J. Simpson. “Juice.” “Oj.” Whatever you call him, the former Heisman Trophy winner and NFL standout's name will live in infamy in relation to the brutal 1994 murders of ex-wife Nicole Brown Simpson and her friend, Ronald Goldman.
In a verdict that reverberated around the world, Simpson was acquitted in both cases.
Simpson, now 70, was in the headlines again last week, when he was granted parole after serving 8 1/2 years of a 33-year sentence for armed robbery in Nevada.
So now that the Juice will be loose in October, the question of what will happen to his assets — principally the estimated $600,000 in NFL pension distributions he received while incarcerated — when he hits the streets.
As reported by ESPN, last week, the money is Simpson's to keep.
Under federal law, Simpson's retirement income is protected, and can't be taken from him by lawsuits. Moreover, if he moves back to Florida, he'll likely be able to keep his house, based on state law.
It gets worse — or better, depending on one's point of view.
As reported by USA Today last week, Simpson contributed $5 million to the Screen Actors Guild pension “many years ago.”
“He's not going to be poor. He’ll survive. He’ll be able to get his own place,” attorney Tony Scotto told USA Today.
In 1997, a civil court jury ordered Simpson to pay $33.5 million to the families of Nicole Brown and Ron Goldman. The families reportedly received about $500,000 from the sale of Simpson's Heisman Trophy and other memorabilia.
“ ... [W]e'll be playing golf again soon,” Scotto said.