Tuesday, July 25, 2017

What will really happen when "The Juice" is finally loose?

In just a few months, Orenthal James Simpson will be freed from prison.  What he will do then is the subject of a lot of speculation.  Book deal?  Reality TV show?  A quiet life?  Life at the Bunny Ranch in Carson City, NV as a greeter?

How much does he receive from the various pensions he receives?  We do not know for sure.  NFL pension details are public and can be calculated as shown by an article from ESPN.  He might be earning anywhere from just under $10,000 to upward of $25,000 per month from that NFL pension.  He also has a Screen Actors Guild pension and another personal pension that he invested $5 million in years ago.  The pension money cannot be taken from him to satisfy the civil court judgment owed to the families of Ronald Goldman and Nicole Brown Simpson.

Even if there was an audience to buy a book written by Simpson or some ghost-writer, publishing houses have made it clear that this won't happen.  The potential public backlash against anyone who attempted to put out a book from Simpson could put that publisher out of business.  It isn't worth the risk, especially since almost no one would buy such a book.

I've joked about a new reality TV series "O.J. - The Search For the Real Killer(s)" but I don't see him landing a reality show.  There are two reasons for this.  One is that if he was able to make an arrangement where he was being paid for such a show through an off-shore shell company where the money could not be seized for the civil court judgment, that would result in a similar backlash against the network airing the show.

If he was being paid by the reality show through a U.S. entity, or directly, that's a recipe for actually losing money.  Let's imagine for a moment that some cable network creates an O.J. reality show and they pay him $20,000 a week for 13 weeks in season one.  He would earn $260,000.  Taxable income.  The families who hold the judgment against him would get the money.  He would have to pay those handlers a percentage, and he would owe taxes on the earnings.

Over the past weekend, a friend postulated that Simpson might make a deal with the families where they would allow him to work at something where they would get most, but not all of the money and he would be able to earn something.  On reflection, I cannot see a situation where either family would willingly negotiate with that man.

O.J. has been obsessed with being a celebrity for almost his entire adult life.  Can he give that up to avoid going back to prison?  Time will tell.