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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!

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89 COMMENTS

No Avatar
31.

Michell    

I lmao when the judge put him in his place. pay your child support ass!

407 days ago
32.

Sam    

Stupid moron, when will these ball players ever learn

407 days ago
33.

cabuchholz73    

Here is a plan "live with in your means". I think people like this suck, people have to live with in that amount per year. Keep making millions and then wonder why people illegally download S**t

407 days ago
34.

UNLEVINED HARVEY    

$$$ for pet expenses but not for his children????

407 days ago
35.

Vince    

After seeing his expenses I have absolutely no sympathy....I could live on his food allowance alone...Live with in your new means my friend .....your not a player anymore...

407 days ago
36.

Pete the Geek    

I spent around $2,650 on a car eight years ago... bought a couple new tires and changed the oil a few times since then. Still driving it. It wouldn't hurt Chad to cut back in a few areas and add a financial planner to help him balance things out.

407 days ago
37.

Bob    

3500 on clothing a month?

407 days ago
38.

WTF    

Really feeling bad for him. Yep. Feeling real bad.

407 days ago
39.

Jrose2013    

he threw his whole career away over that bronx whore Evelyn she was just dying to get in the industry and when she saw a chance to come up she used ur blk dumb ass..... good for u im tired of u ballerz wanting to wife a light skin hoe over a sista who wouldn't have did u like that please use this big dummy as an example

407 days ago
40.

Sarah Davenport    

that times going to be a breeze he's a celebrity a free resort he'll probably take showers with blu' sea soap from pilgrim soap company that good stuff our legal system what a joke

407 days ago
41.

Bubba Bafflor    

Hey, news flash sh** for brains--you're no longer a "player" (figuratively, or literally). 5k a month on entertainment??? 3K for clothes??? EVERY month??? 2.5K on food??? That's almost $100 a day--EVER day-- on food. Are you honestly that brain dead stupid?!?!?! No wonder that bab judge had total contempt for you and tossed your sorry @ss in jail. Take a bow, loser...you may just be the most brain dead fool ever to grace TMZ. 3k on clothes every month when you're flat broke busted. UN-BE-LIEVABLE!!!

407 days ago
42.

Sarah Davenport    

What jail time??? It's going to be a breeze, he's a celebrity, a free 30 day resort, he'll probably take showers with blu' sea soap, from pilgrim soap company, the good stuff our legal system what a joke.

407 days ago
43.

HillbillyHell    

Five thousand on "entertainment"??

407 days ago
44.

lili    

So STOP HAVING KIDS WITH SKANKS & HOS BRO!

407 days ago
45.

Jason    

Really? He spends 2500 on food? Your a single man! 3500 on clothes? the Entertainment is $60...,000 a year? but you need to have your child support modified? you only need one car for now dude. Wise up and be a responsible adult

407 days ago
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