Donna Carlisle's picture

Big Man, Big Money

Posted to Relevant News by Donna Carlisle on Mon, 01/28/2008 - 10:00am

After months of stalling and delays, Shaquille O'Neal has finally released a detailed statement of his finances to be considered in his divorce from wife, Shaunie. This girl is gonna clean up good.

Monthly, Shaq averages an income of $1.8 million from his NBA salary, endorsements, and investments, and he spends around $900,000 on his expenses. That's per month.

Only $20,000 of that sum is temporary child support and alimony, with another $25,000 in general child care. The really stunning part is that he didn't release all the information.

Whether he's withholding on other expenditures or other cash reserves is unknown, but he did refuse to list his net worth. Shaunie has filled out a similar form detailing her income and expenses, and lists hers at $30 million, including their real estate.

Remember, this whole thing started because Shaq accused Shaunie of being secretive about money and spending without his knowledge. I'm not sure what she was buying that was expensive enough for him to notice, but it must have been expensive.

Lawyers speculate that Shaunie will probably not receive any type of permanent alimony, but that the children will be receiving a lot more in terms of support once the divorce is finalized. Odds are she will have primary custody since he's on the road so much.

Let's hope Shaq keeps his earnings a bit higher than his scoring record this season.

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