Paul Pierce Is Reportedly “Drowning Financially” As He Struggles To Pay Monthly Bills
Paul Pierce shocked the NBA world on Tuesday after he made a huge revelation about his financial situation. The 2008 NBA champion claimed he is “tapped out,” as he tries to keep up with his court-ordered support payments, TMZ Sports reported.
Court documents said Pierce claimed his last check from Fox Sports came in August. His average monthly income was $119K, but now it’s zero. However, the retired player said he earned $23K last month from various sources.
“Paul said he pays around $28K in child support and another $20K in spousal support per month … but claims he only has $300K in the bank and $3 million in property.
“He says he spends around $48K a month in bills, including $8K in childcare, $5K in groceries, $7K on eating out, $3,200 on utilities, $1K on clothes, $3,500 on entertainment, and various other expenses.”
He asked the court to dismiss his ex-wife’s request for $40K in legal fees and an additional $10K for a forensic accountant.
Paul Pierce’s Ex-Wife Wanted His Finances Reviewed
Pierce’s ex-wife, Princess Santiago, claimed that Pierce wasn’t being completely honest about his finances. She wanted experts to review them. Meanwhile, Pierce’s attorney said he “would have great difficulty” paying the fees after his Fox Sports deal ended.
Initially, the judge ordered Pierce to pay $8,508 per month in temporary child support, plus $100K in legal fees. This situation, however, is far from over.
Paul Pierce Is Reportedly “Drowning Financially” As He Struggles To Pay Monthly Bills
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