Categories: In the Bleachers

Terrell Owens Pays $40K A Month In Child Support, Claims Current Income Is $0

Former NFL wideout, Terrell Owens is having money issues. I’m going to take his situation and turn it into a teaching moment for anyone who believes that brokering their eggs for child support payments is a lifetime lottery ticket.

T.O. is currently seeking a reduction in child support payments for 3 of his 4 kids. TMZ (of course) has the breakdown:

Baby Mama #1, Monique Reynolds
T.O. and Monique have an 11-year-old son together. According to the papers, he paid $20,000/month in support until last year, when it was reduced to $11,202. He also gave her $100,000 to buy a house.

Baby Mama #2, Kimberly Floyd
They share a 7-year-old daughter, for whom TO was ordered to pay $20,000/month for back in 2005. In 2008, they agreed to drop that to $15,000.

Baby Mama #3, Samelia Miller
Miller gave birth to a son back in 2006. He was ordered to pay $13,400/month in support.

Baby Mama #4, Melanie Paige Smith
T.O. was ordered to pay $5,000/month for their daughter back in 2007. This is the only case where T.O. has not yet requested a reduction … though his rep says he plans to ask for a modification.

In each of the cases where T.O. is requesting a reduction in child support payments, he says in his declaration, “My currently monthly income is zero ($0).”

In the papers, T.O. also claims to pay $62,366/month for various properties and says his home in Georgia is in foreclosure. He says he put all but two of his homes up for sale.

Can I point out a few things here:

1. Take note that with each kid, the amount of the payments got lower. So if you’re Baby’s mama 2B you’re already starting out behind.

2. I don’t know how many homes are in the “all” category but again he has homes in foreclosure and he’s selling off the others just to generate income. At this point, you’re earning capacity is probably exceeding T.O.’s

3. All of this is public fodder.

The end of an athlete’s career who didn’t formulate an exit strategy is a sad thing. Child support isn’t taxed, nor is it considered income. I sincerely hope that the mothers put their children first and set up trusts, college funds etc. $20,000 a month for 11 years is $2.6 Mil, if you as a mother squandered that away and your child isn’t protected, it says a lot.

 

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

2 weeks ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

3 weeks ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

4 weeks ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

4 weeks ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

4 weeks ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.