Additional Coverage:
O.J. Simpson’s estate is facing severe financial pressures, with the estate’s executor, Malcolm LaVergne, taking aggressive steps to collect assets. LaVergne, previously Simpson’s lawyer and now in charge of his probate estate following his death last April, is working to gather over $269,000 from the sale of one of Simpson’s properties.
According to LaVergne, Simpson’s son, Justin, played a role in purchasing a home in Las Vegas that was meant to be O.J.’s “forever home.” The estate is now trying to reclaim the approximately $159,000 O.J. invested in the property, with the current market value exceeding the purchase price by over $100,000. Efforts to reach Justin for comment have been unsuccessful.
Additionally, the estate is grappling with a sizable financial liability, involving a $33.5 million judgment from a 1997 wrongful death lawsuit, which has since ballooned to approximately $100 million with accrued interest. O.J.
Simpson was found liable in civil court for the deaths of Nicole Brown Simpson and Ron Goldman, although he was acquitted in a criminal trial. The estate also faces a $500,000 tax lien from the State of California.
With the estate’s value essentially depleted, LaVergne is determined to maximize revenue from every possible source to satisfy creditors, including the IRS, the California Tax Board, and the Goldman family. Among the assets LaVergne is pursuing are Simpson’s Pro Football Hall of Fame ring and a valuable Rolex, both currently missing.
He expresses frustration at the resistance he’s encountering in his efforts to liquidate Simpson’s assets but remains resolute in pursuing these items aggressively. Additionally, he’s seeking permission to auction off various personal belongings of O.J. to further fund the estate.