O.J. Simpson Estate In Financial Crisis: Executor Reportedly Auctioning Assets to Pay Off $100 Million Judgment

The estate of O.J. Simpson is in dire financial straits as it attempts to settle the wrongful death judgment awarded in 1997 to the families of Nicole Brown Simpson and Ron Goldman.

The disgraced NFL Hall of Famer, who was acquitted in his criminal trial for the stabbing deaths of Simpson and Goldman but found liable in a 1997 civil suit, passed away at 76 on April 10, 2024, leaving behind eight-figure debts that the estate executor is struggling to address, according to TMZ.

How Much Money is There?

And it seems there is no exact estimate of what the estate is actually worth.

The Las Vegas Review-Journal reports, “the full extent of Simpson’s estate remains unknown.”

Malcolm LaVergne, Simpson’s longtime attorney and now estate executor, is currently conducting an inventory of Simpson’s assets to determine their value and recover funds from his properties.

TMZ reports that one of Simpson’s homes is estimated to be worth more than $269,000, with his “forever” home in Las Vegas valued at around $159,000.

LaVergne is aggressively liquidating assets, including the Las Vegas home, to address the estate’s obligations, including a judgment that has ballooned to approximately $100 million with interest, from an original judgment of $33.5 million.

While Simpson’s lawyer told TMZ he’s trying to secure funds from the baller’s home in Vegas, another report from AP indicates that Simpson was actually living in a leased property in Sin City. Clearly, the estate situation is a complete mess

However, it seems not everyone involved, including Simpson’s surviving family, is on board, as some items considered for liquidation have gone missing — namely, his Pro Football Hall of Fame ring and a Rolex, TMZ reported.

Simpson’s will, filed in Clark County, Nevada, indicates that his personal property was placed into a revocable living trust created in January 2024.

Justin Simpson, O.J. and Nicole Brown’s 36-year-old son, may also be drawn into the process since is reportedly helped his father buy the Vegas home, purchased in 2022.

As Finurah previously reported, the estate was recently hit with a $500,000 tax lien from the state of California, further complicating efforts to pay back creditors.

At his peak in 1981, Simpson was reportedly worth $38 million, but by the time of his death his net worth had decreased drastically.