A mortgage company has begun foreclosure proceedings on O. J. Simpson's Brentwood mansion after he missed $86,000 in payments, and Simpson said Friday he is not surprised.
"All I know is I don't have any money," he said in a brief telephone interview with the Associated Press. "I knew I was going to have to move eventually. I was pretty sure something like this was going to happen."
Asked when he might have to vacate, he said, "There's a process here, I'm told, which could take a while."
Simpson, who spoke as he was heading out to play golf, said his lawyers were dealing with his finances and he was spending his time on the links and caring for his children. He scoffed at an expert for the other side in his civil trial who said he would make millions from selling his autograph, likeness and memorabilia.
"Where is all the potential income that guy said I was going to have?" Simpson asked. "Now they're going to see loud and clear that I don't have it."
Simpson was acquitted of killing his former wife Nicole Brown Simpson and her friend Ron Goldman, but a civil jury found him responsible for their deaths and awarded $33.5-million in damages to the families.
In the punitive-damage phase of the civil trial, plaintiffs argued that Simpson had the potential to earn $25-million off his merchandise and appearances.
Asked Friday if he had been approached with any offers, Simpson said, "No. I haven't been looking and they haven't been asking."
Simpson said his financial future is grim.
"But I'm not sitting in the house depressed about it," he said. "I know the Lord is on my side and I'm going to be the big winner."
The value of Simpson's home has been estimated at $2.3-million, the amount of the loan still owed to the bank, but experts suggested the property could bring as much as $4-million because of its notoriety.