Shaq Spends $875K a month

[Fired Yo Momma]

[FONT=Times New Roman][SIZE=3]You think you have bills?[/SIZE][/FONT]
[FONT=Times New Roman][/FONT]
[FONT=Times New Roman][SIZE=3]Welcome inside Miami Heat superstar Shaquille O'Neal's finances, where a torrent of cash comes in and more than a trickle goes out. The tall-head, who's off the court for the next two weeks with a hip injury, just sent a Miami-Dade court a never-before-seen accounting document for his and wife Shaunie's divorce file. For months, O'Neal, 35, dragged his size 23 sneakers over the mandatory financial snapshot and finally filed incomplete, yet telling, numbers. While the affidavit shows O'Neal makes a huge amount of money, $1.8 million in monthly salary, publicity contracts and returns on investments, his routine expenses total $875,015 - a month. Among them: $156,116 in mortgages on three homes (including his $20 million mansion on Miami Beach's Star Island), plus $31,299 in homeowners insurance; $3,345 in phone bills; $1,610 in lawn and pool maintenance; $12,775 for food; $10,065 in electricity, $1,495 for cable TV; $5,000 in car payments (for three cars - he owns at least twice as many); $24,300 in gas; $6,730 in dry cleaning; $17,220 in clothing; $2,305 for pets and $110,505 for vacations. Child care sets Shaq back $26,500 a month. He and Shaunie have four children, and each has a child from a previous relationship. By the way, he pays $10,000 a month in temporary child support and another 10 grand in alimony. To his credit, the big-man-in-the-middle is doing his share in helping close the giant federal deficit. The 13-page document shows he pays $5.41 million a year in federal income tax and $217,000 in taxes in states where the Heat plays road games. Property taxes cost him $903,132. -- Palm Beach Post [/SIZE][/FONT]

[northshore]

Man.....life gets way too complicated when you make that kind of money. Mo' money....mo' problems.

[Pugz]

Did you ever see the special where they showed his tax filing. It was like somebody took all the harry potter books and stacked them on top of each other, that's how thick it was.

[tkblazer]

i tihnk i heard on the radio that he makes 2mil a month so 875k a month isn't that bad for him

[reflux]

Haha, this reminds of an old Chris Rock line.

"OJ Simpson's ex-wife got $30,000 a month in alimony...and $4,000 a month in food. In food?! What the f**k was she eatin' for $4,000 a month? I bet she was like, 'I gotta get some extra cheese on my Whoppa!' "

Originally Posted by tkblazer

i tihnk i heard on the radio that he makes 2mil a month so 875k a month isn't that bad for him

Yeah, but that $875k is really going to eat into his savings once he retires.

[silverspot]

I guess that income would disqualify him for the $1200 'economy booster' from uncle sam...

[2wheel_lee]

Originally Posted by Fired Yo Momma

$3,345 in phone bills;
$1,495 for cable TV;
$24,300 in gas;

He needs to get a better phone and cable plans. How does one rack up such high phone bills?

I hope the gas bill is for natural gas an not gasoline, because that would be a lot of driving!...although does he own a plane?

[KeepsWhatHappens]

Originally Posted by tkblazer

i tihnk i heard on the radio that he makes 2mil a month so 875k a month isn't that bad for him

If he makes 2 mil a month that's rally only 1 mil after taxes, so spending more than 3/4 his net income per month ain't great. Hope he's investing some of it and giving some to charity.

KeepsWhatHappens

[J_Sims]

Originally Posted by 2wheel_lee

He needs to get a better phone and cable plans. How does one rack up such high phone bills?

I hope the gas bill is for natural gas an not gasoline, because that would be a lot of driving!...although does he own a plane?

The Gas is probably fuel for his Jet...

[PacMan]

That's nothing. I spend almost that much on bike stuff every month.

[JOx2]

If i have that much money , i would buy every STR member an "S-Works Epic" or an "S-Works Enduro SL"

[Jordansrealm]

Ya um I will take those "problems" any day. I am sure he puts down he spends that much to make his taxes look good. He prob blows more on outrageous parties, jet fuel and strippers than anything else.