Malcolm LaVergne, the executor of O.J. Simpson‘s estate, is working to gather assets to pay off the late football star’s debts. LaVergne aims to collect over $269,000 from one of Simpson’s homes, which may involve going through his son, Justin.
LaVergne states, “The equity and the amount O.J. put into the home belong to O.J.’s estate.” He also plans to sell Simpson’s belongings at auction to raise funds.
Simpson’s estate faces significant debts, including a $33.5 million judgment from a 1997 wrongful death lawsuit, which has grown to around $100 million with interest. Additionally, the estate was recently hit with a $500,000 tax lien from the State of California.
LaVergne says, “O.J.’s estate is virtually worthless at this point, so he’s turning over every stone to find all sources of revenue.” He plans to get tough on everyone, including Simpson’s family, to collect assets.
LaVergne is also seeking Simpson’s Pro Football Hall of Fame ring and a Rolex watch, which have gone missing since Simpson’s death. He demands, “It belongs to the estate and I want it placed at my feet.”