O.J. Simpson’s Estate Wants To Sell His Memorabilia To Begin Paying Back Creditors

O.J. Simpson

O.J. Simpson’s Estate Wants To Sell His Memorabilia To Begin Paying Back Creditors

The attorney running O.J. Simpson’s estate is hoping that a court judge will allow him to sell off some potential memorabilia.

Reports state that the legal professional is seeking the court’s OK to begin auctioning off the Hall Of Famer’s items to start cutting down his debts.

O.J. Simpson

O.J. Simpson’s longtime attorney turned estate executor Malcolm LaVergne reportedly motioned the court about the matter earlier this week. In the documents, LaVergne asked a judge for permission to auction off some items the sports personality had in his possession at the time of his passing, claiming that they could be of great interest to the public. Some of the potential collectibles include O.J. Simpson’s driver’s license, car, and golf clubs, as well as his Heinemann trophy. However, LaVergne noted that the award he has may or may not be authentic.

O.J. Simpson

While the exact value of everything Simpson’s estate is looking to sell remains unclear at this time, the late athlete certainly did leave behind a significant amount in debt following his passing in April. As we recently reported, the Simpson estate was hit with a $500,000 tax lien last month, on top of what he owes to the families of his ex-wife Nicole Brown and her friend Ron Goldman.

In case you’re unfamiliar, despite being acquitted of charges related to Nicole Brown and Ron Goldmna’s 1994 murders, Simpson was found liable for their deaths in a subsequent civil suit. Simpson went the majority of his life without paying any significant amounts on the $33 million settlement, which Goldman’s father Fred Goldman says has now ballooned to over $100 million with interest.

LaVergne reportedly acknowledged that it’s likely neither the Goldmans nor the Browns will receive the full amount they’re owed, but believes a “Pyrrhic victory” is better than a total loss. He added:

“This is the beginning of closure, the best way I see fit as the executor. The money from the auction sales will go toward paying creditors, including Goldman if I can negotiate effectively with the other creditors.”

It has not been reported that a judge has decided on the matter at this time.

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Authored by: Kay Johnson