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Chad Johnson

I'm Losing

$45,000 a Month!

6/16/2013 12:57 AM PDT BY TMZ STAFF
EXCLUSIVE

0610_chad_ochocinco_tmz_4Chad Johnson's money woes have gotten so bad, his expenses outpace his income to the tune of $45,982.76 per month ... TMZ has learned.

As TMZ first reported, Johnson has been battling his baby mamas in an effort to lower his child support payments ... seeing as he no longer makes the cash he used to at the height of his NFL career.

In docs filed in April, Johnson claims to only make about $3,000/month ... but that immediately disappears thanks to the $16,525 he already pays in child support.

Then when you get to his own expenses, Johnson forks over $9,063.24 in mortgage payments, $2,500 for food, $2,650 on car expenses, $3,500 on clothing, $250 for grooming, $5,000 on entertainment, $1,000 for pet expenses along with various other expenses that total $31,154.76.

Add it all up ... and Johnson is in the red $45,982.76/month.

But it's not all bad news ... Chad still has two houses, two cars, and a few bank accounts that put his assets at a nice $4,720,672.57.

Maybe 30 days behind bars wouldn't be such a bad thing ... FREE MEALS!

0610_chad_johnson_through_footer

For more sports stories, check out tmzsports.com!
89 COMMENTS

No Avatar
16.

Frankenpussy    

$3500 a month for clothes? For a single male? I spend $200 a year for clothes. I have 2 pairs of shorts, 2 pair of sweats and 2 pairs of jeans, 6 shirts and 1 pair of shoes. I prefer to make sure my kids have nice things instead of myself. I could live like a friggin KING on $3500 a month!!! Damn! What a moron....

459 days ago
17.

Joe    

Wear the same outfit twice.You can get a nice car for less than $300.00 a month.Less on the hookers,And quit being an egomaniac punk.I'm a lifelong Bengal fan,And I wanted them to get rid of you,Five years sooner.

459 days ago
18.

EP9    

he deserves to go broke.

459 days ago
19.

Empreinte    

$16,525/ month for a child? Wow. He needs $31,154.76 for all this stuff. Okay, let's just say he only pays for 1 house, 1 car, $1,250, $1,750 for clothing, $2,500 on entertainment, etc.....so that's what a judge thinks should be paid for a child? Wow. Maybe we should just remember what the idea used to be behind "support".

459 days ago
20.

Mumra the Ever Living    

Interesting that on FATHERS DAY TMZ would pay this piece of garbage with a penis for this disgusting EXCLUSIVE story.
.
Look, this is nothing more than a ploy to stop paying for all the children he's left around the country. He'd just as soon leave them with some random woman who was more than willing to spread her legs for this piece of trash. Maybe these women have money, maybe they're broke. Maybe they were starstruck enough to let some random football player bang them for the story they could tell their girlfriends. Maybe they just did this for a possible payday - well this piece of garbage may be "broke", but I see he found enough money somewhere for an A+ lawyer.
.
He wants to live the high life while his kids fend for themselves. I wonder what Fathers Day 2025 will be like for him. Don't forget, there isn't one child he brought into this world that he isn't trying to stiff right now.

459 days ago
21.

craig schwickrath    

And that my friends is called the American dream! Don't let the door hit you on the way out Chad...

459 days ago
22.

Rich    

When will these guys learn that baby mammas are expensive. Not sure it worth a few minutes of dicking.

459 days ago
23.

Diego    

No sympathy from me. You reap what you sow.

459 days ago
24.

cindy    

The average NFL player is bankrupt within 6 years of retirement. So when you see a young running back "making it rain" with his posse at the strip bars his accountant is pulling out his hair because he knows what happens when the checks stop coming in. Chad is just one of many.

459 days ago
25.

Metta Worldhate    

Then quit spending so much, retard.

459 days ago
26.

TheEric    

$2,500 for food, $3,500 on clothing, $250 for grooming, $5,000 on entertainment, $1,000 for pet expenses along with various other expenses that total $31,154.76. None of those are necessary expenses. He can easily get by on 400 a month for food and not spend a dime on the other things. He's just a prima donna who doesn't want to adjust his lifestyle despite the fact that he is unhireable.

459 days ago
27.

Toilethead    

Nobody forced him to live well beyond his means.

459 days ago
28.

JP    

Another sports hero soon on welfare. It never gets old or less funny.

459 days ago
29.

HRH    

This guy will be flat broke, end up losing all his possessions and declaring bankruptcy very very soon. Unfortunately that's what happens to a lot of these athletes. They spend way beyond their means. Chad is really an idiot though. He's out of a job and everyone knows his career is over including himself. Nobody is going to give him another chance at his age yet he still chooses to spend so lavishly. Look at the guys Instagram... Buying sneakers that's worth over a thousand dollars, flying private, traveling unnecessarily, shopping sprees and etc. if he's smart about his money he could have lived a comfortable life even if his career ended early. I don't feel sorry or sympathize for this idiot. He's flossing without floss. There's still time to take control. Don't wait till your flat broke Chad.

459 days ago
30.

tellinghistruth    

Hell Grow the hell up, and stop acting like a freakin child!

459 days ago
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