.....
Fox Sports.com
http://msn.foxsports.com/nba/story/7720632/Shaq's-spending-only-thing-bigger-than-he-is

Shaq's spending only thing bigger than he is

He's been known as "The Big Aristotle", "The Big Daddy", "The Big Baryshnikov" and "The Big Fundamental." Now Shaquille O'Neal can add another name to his already lengthy list of aliases: The Big Spender.

The Miami center, who is in the third year of a 5-year, $100 million contract with the Heat, routinely spends $875,015 per month, the Palm Beach Post reported on its Web site, citing an accounting document from O'Neal's divorce filing.

Among Shaq's most costly monthly expenditures, according to the newspaper, are, in order:

# $156,116 in mortgages on three homes (including his $20 million mansion on Miami Beach's Star Island), plus $31,299 in homeowners insurance;
# $110,505 for vacations;
# $26,500 a month for child care;
# $24,300 for gas;
# $17,220 for clothing;
# $12,775 for food;
# $10,065 for electricity;
# $10,000 for temporary child support;
# $10,000 for alimony;
# $6,730 for dry cleaning;
# $5,000 for car payments;
# $3,345 for phone bills;
# $2,305 for pets;
# $1,610 for lawn and pool maintenance;
# $1,495 for cable TV

But lest you think the Diesel is only out for himself and spending too recklessly, he also donates to the government, in the form of $5.41 million in federal income taxes, and over $900,000 in property taxes.

Think the new nickname could catch on?


kinda amazing

1/25/2008 10:04:05 PM

Quote :

"# $6,730 for dry cleaning;"

WTF?!?!

1/25/2008 10:06:30 PM

withe endorsements and basketball

he's probably pulling in 25million a year.

1/25/2008 10:06:36 PM

Quote :

"$24,300 for gas;"

wat

1/25/2008 10:07:57 PM

does he fuel a jet???

1/25/2008 10:14:07 PM

i would think this is nothing for him or plenty of other athletes...i know he does a lot of charity shit around christmas...i use to hate shaq, but i like him now...hes a goofy fun kinda guy...pretend the internet serious business pertained to basketball...shaq would be someone to say "basketball, serious business" if you get what i'm trying to say..

1/25/2008 10:16:17 PM

Quote :

"# $1,495 for cable TV"

dat 190% dish

1/25/2008 10:16:37 PM

There is no way he spends that much on a lot of those things.

GAS
DRY CLEANING
CABLE
VACATIONS


$24.3k in gas @ $3.5 a gallon comes out to 6942 gallons a month.
Thats 231gal a day.

Granted I know he has multiple cars, but I seriously doubt he drives them all at the same time all day long.

1/25/2008 10:19:34 PM

well you have to obviously account for all the people on his personal payroll

that's obviously not just his personal individual expenditures


BUT IT SURE IS SENSATIONAL!!!1

1/25/2008 10:39:06 PM

Quote :

"withe endorsements and basketball he's probably pulling in 25million a year."

his salary is 20 mil and he probably makes somewhere around that in endorsements

1/25/2008 10:40:32 PM

Yeah, I suppose that makes a little sense.

What about the $1500 for cable?

1/25/2008 10:41:56 PM

he's got multiple homes

1/25/2008 10:42:31 PM

It says he has 3.

So each one has a $500 cable bill?

I don't even think they have packages that high lol

1/25/2008 10:46:37 PM

how can someone spend ~$1500 in cable?

1/25/2008 10:47:37 PM

pretty sure, he was not good at math back in the day

1/25/2008 10:48:17 PM

how the fuck does he have a $10,000 elec bill


So he is using approx 8000 kWhr/day thats a lot of fucking lightbulbs

1/25/2008 10:50:16 PM

does he pay the bills for an entire neighboorhood in Miami?

1/25/2008 10:51:19 PM

basketball players = good for the economy?

1/25/2008 10:53:04 PM

hes making 25 million a year and speding ~11. I'd say he's pretty conservative.

1/26/2008 3:44:32 AM

I'd be living in a hotel (a nice one!) and donating the rest to charity.

[Edited on January 26, 2008 at 3:56 AM. Reason : /]

1/26/2008 3:55:50 AM

cable bill can be easily explained if he has a T3 internet connection in each home.

1/26/2008 5:35:54 AM

If this was from his divorce proceedings, itd be advantageous for him to claim spending as much as possible per month, in order to reduce flexible income for alimony


Right?

1/26/2008 9:49:39 AM

Quote :

"# $12,775 for food;"

I guess he got to get some extra cheese on his whopper!


But seriously, I think this is bullshit.

Also, "Getting a prenup 101" should be a required college course for athletes in the "graduate with minimal effort" track.

also, I thought

Quote :

""The Big Fundamental.""

Was Tim Duncan.

This article is stupid.

[Edited on January 26, 2008 at 10:34 AM. Reason : ]

1/26/2008 10:32:32 AM

Quote :

"$24,300 for gas"

does not compute

1/26/2008 10:37:25 AM

ill reiterate

Quote :

"well you have to obviously account for all the people on his personal payroll that's obviously not just his personal individual expenditures BUT IT SURE IS SENSATIONAL!!!1 "

1/26/2008 10:45:24 AM

and yet, there is no bullet point for "employees"

[Edited on January 26, 2008 at 10:48 AM. Reason : maybe he pays them in gas, food, and cable]

1/26/2008 10:48:12 AM

just because you have a prenup doesn't mean you don't have to pay alimony

1/26/2008 12:15:25 PM

http://youtube.com/watch?v=k-BoeBedZ3k

great stuff

http://www.youtube.com/watch?v=9qu2y2MQkuI&NR=1

[Edited on January 26, 2008 at 12:21 PM. Reason : s]

1/26/2008 12:20:07 PM

cable can be explained from ordering a lot of pay per view, movies, etc..

1/26/2008 12:27:45 PM

huh. i always assumed people who make that much money just outright bought houses and cars with cash.

1/26/2008 12:47:46 PM

Reporter: "Shaq, we're on live"
Shaq: "I don't give a shit"
Reporter: " ... I KNOW!"

1/26/2008 12:49:28 PM

$110,505 for vacations.

Per month.

Good lord, where the fuck is the man going? Is he bringing his entire entourage? And ordering high-class hookers for all of them?

1/26/2008 12:51:57 PM

you guys are dumb.

ive said it twice already.

you got your people, sometimes, depending on how valuable they are to you...you pay their bills...this is not shaq's individual expenses'

my god.

1/26/2008 12:54:51 PM

running a crew is like a business.

you got expenses.

1/26/2008 12:55:37 PM

you guys all fail.

how am i supposed to guess when you just flat out tell me.

1/26/2008 12:57:45 PM

I actually thought the food bill was lower than I expected.


thats around $425 a day and he has what, 3-4 kids? wife?

1/26/2008 1:00:41 PM

haha seems like it should all really go under "vacation" -- must be nice to have unlimited money just cause you're huge and you can dunk without jumping. don't get me wrong, though. that alone won't get you 20 million a year



i just dont see ole kenny making that kind of money in the future

anyways, i could see the huge cable bill. mine was like 149 a month, then after i had lived here a year my "deal" ran out and it jumped up to over 200. so i got rid of the one premium channel i had, and went down to extended, and dropped the phone (different section i guess but it was only 40). now its 109. it could easily be huge if you add all the "on demand" channels and all the HBOs and showtimes and all that crap.

also it looks like he must have cable internet (or he doesnt use the internet). but i'd imagine he has the best package of that too, and that would count in cable (or phone if he uses DSL i guess).

point is, if i had money coming in faster than i could spend it, i wouldnt even worry with the different packages, i'd just say give me all of it and save the time. damn his time is so valuable. i'd imagine that if i were a super baller, i'd want to spend every minute doing super baller things... and not trying to cut my cable bill.

1/26/2008 1:16:08 PM

Quote :

"$110,505 for vacations; # $24,300 for gas; "

must be one hell of a yacht the man owns.

1/26/2008 1:19:59 PM

Av-Gas and Jet-A are more expensive than what you pay at the pump and obviously used at an extremely high rate. I'd bet if he doesn't own one outright, he's in a partnership (not fractional) with another player... that could easily add up to those numbers.

1/26/2008 1:28:08 PM

Shaq is wayyy past his prime....

No way he keep spending like this in 10 years when he will wonder where all his money went......

1/26/2008 1:33:46 PM

Quote :

"No way he keep spending like this in 10 years when he will wonder where all his money went......"

you really think? if he puts away just a fraction of his earnings each year (over the 5 years of his 20m/yr contract) into savings and safe/boring investments, he can easily make millions alone off interest and such, even over something as "short" as a 5 year time frame. not to mention assets/equity/etc. he's got some pretty prime real estate. hell, just the land will probably be worth a fuckton in 10 years.

i think it's pretty safe to say that he's spending money about as hard as you can, and he's still got tons left over... and even if it's going under his mattress, i think he'll be ok forever

not to mention the credit that guy has. if he broke his leg today, he could get enough shit on credit cards to last him a lifetime before he broke the news, and live off that forever

1/26/2008 2:08:57 PM