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Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:21 pm
by FAH1223
Everybody knows that Shaquille O'Neal earns is paid $20 million a year by the Miami Heat. But where does all that money go? Thanks to his pending divorce, Shaq's monthly budget is now on the public record -- "Extra" has dug up the financial affidavit of the divorce papers (which can be viewed in PDF form here).

Try to wrap your head around these numbers -- on a monthly basis, Shaq spends:

* $24,300 at the gas station filling up (dude, buy a Prius)
* $17,220 on clothes
* $6,730 on laundry and dry cleaning
* $2,305 on pet care
* $1,620 on music and magazines
* $1,495 on cable television.

You want to know my favorite? The $114,946 that's listed as "miscellaneous (personal)" -- you know, walking around money, pocket change so you're never left without something to feed the meter or, I don't know, buy a new car or two without writing a check. (And just think how much money he'll spend now that he has all this free time over the next couple of weeks!) But when you're living this large, it's not all fun -- the guy also pays $75,261 in property tax alone, which I guess is what you'd expect from a 20,000 square foot mansion on the water.

http://sports.aol.com/fanhouse/2008/01/ ... ly-budget/
______

lol @ "earns" being crossed out in the article!

lol @ food expenses not being shown

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:23 pm
by Koronto91
Negro mentality!

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:24 pm
by The-Screw
O.............kay.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:27 pm
by *Nobleman*
Damn

* $6,730 on laundry and dry cleaning- I need to open a dry cleaning business next to shaq
* $2,305 on pet care- Pets spend more than me!
* $1,620 on music and magazines- Must be every cd and magazine out monthly
* $1,495 on cable television- Who charges 1500 a month for cable. I pay 36 pounds for cable, phone and broadband,


Divorce, this guy is gonna get taken to the cleaners.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:27 pm
by FAH1223
nicca gonna be broke in 10 yrs

and these figures have been released cause him and his wife already got divorced lol

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:30 pm
by Gatspy
He better think about what else to do after Basketball. I'm pretty sure the Heat won't pay him much for too long when the team is losing this bad.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:30 pm
by Advocatar
hell end up like tyson, mc hammer..............broke stupid fukers.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:30 pm
by *Nobleman*
This is what happens when you give a broke person money. (no racist). They dont understand the value of money. He'll probably be washed up in a few years.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:32 pm
by FAH1223
[quote="*Nobleman*"] He'll probably be washed up in a few years.[/quote]

lol, Shaq already is washed up

he cant play basketball no more, he is more fatter and his knees are bad as they always have been

The Heat have to buy him out in the summer and he needs to retire and lower his expenses

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:35 pm
by *Nobleman*
I C.

I seen shaq on cribs and everything he owned was expensive and untasteful. I mean what purpose can you have for 20 italian super cars? Cars are one of the worst investments and the guy buys 20.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:39 pm
by Shirib
WAIST OF MONEY.

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 6:42 pm
by FAH1223
I was reading an article: http://sports.espn.go.com/espn/page2/st ... ortCat=nfl

about a former NFL player and how he let the money get to him also. He was paying people's rents, mortgages, ect, ect in the old hood. His mother who didnt care about him prior, comes all along wanting all of this and that and he bought everything. But him mismanaging it and blowing it off on stupid stuff like drugs and strippers caught up....he got suspended for abusing the drug policy and wasnt clean after so no one would take him on their team

NFL is worse than NBA, cause NBA contracts is guaranteed money, while in the NFL they can cut you anytime and only gotta pay your signing bonus which isnt going to be close to the total sum of the contract

thats why there are so many more broke NFL players right now, even current players might have to work in the offseason cause once the last week of the season ends, they dont get a game check for another 8 months....

people dont know how to manage money, esp these madows from the hood....

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 7:07 pm
by Gatspy
holly shit. thats a shame

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 7:13 pm
by 8Ball
I think that list is blown out of proportion. No way he pays 24K per month in gas. Its an exageration. And to most of you who think he'll be broke. He will NEVER go broke.

You're forgetting the money he made LA (175million in 96) his endorsements with Reebok, McDonalds, his extention in 2001 (LA again) and his (100million) in 2005 with the Heat.

Don't be gullible people

Re: Looking at Shaq's Monthly Budget

Posted: Fri Jan 25, 2008 8:50 pm
by Alluring
It's SHAQ, why so surprised?