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Posted: **Fri Jan 25, 2008 9:02 pm**

BY MICHAEL WALLACE
MiamiHerald.com

Forced to divulge his financial expenditures as part of his ongoing divorce proceedings, the Heat's Shaquille O'Neal indicated in court papers recently he earns $1.8 million a month, but spends more than half of it on expenses.

According to court documents, he estimates he has $875,000 in monthly expenses, which includes $110,505 on monthly vacations; $60,417 on gifts; $23,950 on clothes, dry cleaning and laundry; $46,500 on child care; $24,300 on gas and oil for four vehicles; $12,775 on food; and $468,345 on three home mortgages. On top of that, O'Neal pays nearly $500,000 a month in income taxes.

In the court documents dated Jan. 16, O'Neal itemized a list of expenses as massive as his 7-1, 325-pound frame. O'Neal, who earns $20 million a season from the Heat, said he brings in $1.6 million a month in basketball salary in addition to roughly $220,000 from business investments.

O'Neal filed 13 pages of financial information in Miami-Dade court documents as part of his response to a motion filed by his estranged wife. O'Neal filed for divorce in September to end his marriage of five years to Shaunie O'Neal. The couple has four children together and each has another child from a previous relationship.

The divorce proceedings have come during the most difficult season of O'Neal's 16-year career. He has missed nine of the past 13 games with inflammation in his left hip and thigh, an injury that will keep him out of action for at least another two weeks and possibly for the season.

He also is averaging a career-low 14.2 points and 7.8 rebounds this season for the Heat (8-33), which has the worst record in the Eastern Conference and has lost 15 consecutive games -- two shy of matching the franchise record.

O'Neal has said his off-the-court issues have been difficult, but that he would keep those matters private.

''It's something that I won't discuss now, won't discuss 10 years from now, won't discuss ever,'' O'Neal said earlier this season. ``If I ever do have a bad game or a bad couple of games, I won't blame it on that. It's something that I obviously have to deal with and I'm going to deal with it the best way possible.''

WTF!!!

1.8 million a month income and only spends half of that on expenses.
I guess now we know he is not going to retire and give back the $40mil left in his contract...

LINKY

EDIT title...

Posted: **Fri Jan 25, 2008 9:16 pm**

Yeah, there is no way Shaq will walk out on 40 million.

Is there any way we could trade him? The Heat have to start trying to get back, the "Big Expense" Shaquille O'neal should be traded out of town. The only way we could get back sooner, rather than later, is by getting rid of Shaq. If any team will be desperate to trow some expiring deals, that will start the Heat in the process to rebuild, we might even get a descent player back to add.

The fact the Heat will never trade Shaq and he will not walk out on the Heat, just means the Heat are going to be in the bottom of the league for some years.

Posted: **Fri Jan 25, 2008 9:49 pm**

My God! This is just insane...these guys are just like the players in the movie "The Replacements".
"Do you know how much the insurance on a Ferrari cost?"

Sad...they onlycare about themselves and we kid ourselves thinking they care about the fans and the franchise.
Crap today is payday and now I don't want to look at my f*ckin' check...haha

Posted: **Fri Jan 25, 2008 9:57 pm**

How does gas come up to so much? He must be fueling the Heat plane.

Posted: **Fri Jan 25, 2008 10:23 pm**

Miami's Finest wrote:How does gas come up to so much? He must be fueling the Heat plane.

Well, he's been out a couple of games already. Maybe he's doing his part time job at the police station as an undercover cop and they don't pay for gas?

Posted: **Fri Jan 25, 2008 10:34 pm**

Vertical Limit wrote:-= original quote snipped =-

Well, he's been out a couple of games already. Maybe he's doing his part time job at the police station as an undercover cop and they don't pay for gas?

He Also has been paying the heat players to lose by 3 every game. 4th qt comes up and he just smiles and tells everyone! "WE lose and ill pay for Gas and ill get you clothes to be clean and we are going Chucky Cheese!!!!"

Posted: **Sat Jan 26, 2008 12:11 am**

I'm sorry but every listing on there is absolutely ridiculous except the home mortgages on child care.

60k a month on gifts? WTF?

Posted: **Sat Jan 26, 2008 12:15 am**

Shaq really got fat. $24k in laundry thats some BIG clothes

Posted: **Sat Jan 26, 2008 12:55 am**

No way 4 vehicles spend that much on gas and oil. He ain't driving them 24/7!

Posted: **Sat Jan 26, 2008 2:33 am**

I don't believe half of this..haha

Posted: **Sat Jan 26, 2008 4:15 pm**

Everybody should know this is Lawyers BS. The more "expenses" the less the wife can take away..... You just cant get married without a good prenup these days.. it is **** up...

Posted: **Sat Jan 26, 2008 10:19 pm**

BigDaddyPR wrote:Everybody should know this is Lawyers BS. The more "expenses" the less the wife can take away..... You just cant get married without a good prenup these days.. it is **** up...

That's what I was thinking when I first saw all those numbers, but if its all true than I just have to say DAMN!!!

Posted: **Sat Jan 26, 2008 10:39 pm**

ROtFLMFAO.

Posted: **Sun Jan 27, 2008 6:11 am**

Its fake stuff, looks like he is trying to work some loop hole to keep his exwife out of the money

Posted: **Tue Jan 29, 2008 10:40 pm**

according to that rounded up he roughly makes 1$ per second good god. but the previous poster is right a lot of it is exagerrated. But damn if he spends that much how much does his wife spend?

RealGM

For 24K a month, I'll do Shaq's laundry

For 24K a month, I'll do Shaq's laundry