Chad Johnson Says He Only Makes $3K a Month; Wants Child Support Reduced
Chad Johnson needs to turn things around soon or whatever assets he has left will be gone quickly. He has been trying to get his child support reduced for a while and has pleaded with the judge (luckily not the one who has thrown him in jail).
The problem is a simple one, he doesn’t have a lot of income coming in, but has a lot expenses going out.
In docs filed, 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
Reports are that Johnson has about $4-5 million in assets, but unless he is able to start making more than $36k a year, he might be on Dr. Phil crying like T.O.Powered by Sidelines