NBA legend Paul Pierce says he is drowning financially

Summarised from 2 outlets · Updated 27 Oct, 17:08 · Archive

Former NBA star Paul Pierce says he is struggling financially after losing his Fox Sports job, amid a custody dispute with his ex-wife.

Former NBA star Paul Pierce has told a court he is 'drowning financially' and 'tapped out' following the loss of his job at Fox Sports in August. According to court documents obtained by TMZ, Pierce pays approximately $28,000 to $30,000 per month in child support and $20,000 in spousal support to his ex-wife, Princess Santiago, with whom he shares a son born in February.

Pierce's monthly expenses total around $48,000 to $50,000, including $8,000 in childcare, $5,000 in groceries, $7,000 on eating out, utilities, clothes and entertainment. His last Fox Sports pay cheque came in August, with his average monthly income as a network employee being around $119,000 to $120,000. Pierce says he earned an additional $23,000 in September from other business ventures and has $300,000 in the bank and $3 million in property.

Pierce is seeking to terminate his spousal support payments and asking the court to deny Santiago's requests for $40,000 to $50,000 in legal fees and a forensic accountant. Pierce's attorney argued his client would have 'great difficulty' paying these fees now that his Fox Sports income has ended. Santiago, an event director in Los Angeles, has claimed Pierce has sufficient funds to make the payments.

How it is being reported

• Paul Pierce — who earned $195 million in NBA career — ‘drowning financially’ in lawsuit dramaBasketball Hall of Famer Paul Pierce said he's "tapped out" financially amid a custody battle with his ex-wife, Princess Santiago, according to court documents.New York Post · 27 Oct, 16:56
• NBA legend Paul Pierce says he is 'drowning financially' after being let go by Fox as he bid to shut down ex-wife's request for more moneyCourt documents claim Pierce spends around $50,000 per month in general bills, including $5,000 in groceries, $7,000 on eating out, as well as 'various other expenses'.Daily Mail Sport · 27 Oct, 15:11

In this story: Paul Pierce · Princess Santiago · Fox Sports · Boston Celtics

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