O.J. Simpson to be released on parole -- and NFL pension means ‘he's not going to be poor’

After serving only nine years out of his 33-year sentence, O.J. Simpson, 70, was just granted parole in Carson City, Nevada.

The former NFL star, who was found not guilty for the murder of his wife, Nicole Brown Simpson and her friend Ron Goldman, was arrested in 2008 on charges of kidnapping two sports memorabilia dealers and robbing them at gunpoint in a Las Vegas hotel room -- and was found guilty of armed robbery, kidnapping and assault with a deadly weapon and sentenced to life in prison.

SEE ALSO: O.J. Simpson's net worth as he prepares for possible parole

This month, Simpson is up for parole for the second time since his 2008 sentencing, with a parole hearing scheduled for Thursday, July 18.

RELATED: Here's how O.J. Simpson paid off all of his lawyers

How O.J. Simpson paid off his lawyers
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How O.J. Simpson paid off his lawyers

Simpson's former agent Mike Gilbert said in the doc that by the third day Simpson was in prison, he got his reps to start getting together a marketing and merchandising plan to generate a lot of money.


Memorabilia dealer Bruce Fromong explained that Simpson would be given numbers to sign his autograph to in his jail cell.


Those numbers would then be put on jerseys to be sold at memorabilia collector events.


To autograph footballs, a panel of a ball would be brought in to the jail for him to sign.


And that panel would be stitched onto a football to be sold.


The market exploded for Simpson memorabilia and autographs while the case went on, according to Fromong.


There were even photos sold that Simpson and his attorney Johnnie Cochran had signed.


In one sitting, Simpson would sign 2,500 cards.


For some cards, Simpson would even date them, indicating that he signed them while in prison, inevitably driving up the price of the card.



"He's the kind of person who gets paroled," his attorney Daniel Hill told The Daily Express. "He has done a significant amount of time and, by all accounts, hasn't caused any problems."

While the Simpson may have to readjust to life as a free man, if paroled, he may walk out of prison a multi-millionaire.

Not only does Simpson receive an estimated $25,000 a month thanks to his NFL pension, according to a Sports Illustrated report, but he also has a Screen Actors Guild pension and a personal pension in which he invested $5 million in many years ago.

Simpson is eligible for release on October 1.

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