Erin Andrews has been awarded $55 million after her Peeping Tom lawsuit against Michael David Barrett, but it turns out that she’ll barely see any of that amount. We have the details on what Erin will actually take home once it’s all said and done, and the amount is shockingly low.
Reporter and Dancing with the Stars correspondent Erin Andrews, 37, has won the case against Michael David Barrett after he secretly recorded her undressing in her hotel room in 2008. The $55 million verdict in Erin’s favor was reached on March 7, but a new report outlines how much of the cash will be shaved off the top before it actually gets to Erin.
TMZ reports that out of that $55 million, Michael Barrett is responsible for $28m, while the Marriott owes the remaining $27m. “Marriott will almost certainly appeal the verdict, which then opens the door to settlement,” TMZ points out, and “Erin might want to settle”. If that happens, legal experts say that the case will settle for about $20 million.
Then there are the lawyer’s fees. “In lawsuits where a case actually goes to trial, lawyers typically get around 40% of the recoverable judgment. So, if Erin settles with Marriott for $20 million, the lawyers would get $8 million, leaving her with $12 million. And Erin’s responsible for costs in preparing the case, which we’re told could approach $1 million, leaving her with $11 million,” TMZ says. Ouch.
Finally, there’s a sour cherry on top of the whole thing: apparently, if someone is awarded an amount for “emotional distress without any physical injuries”, the amount is subject to tax. Therefore, Erin’s $11 million could actually be as low as $6 million. Wow!
HollywoodLifers, are you surprised that Erin won’t be getting anywhere near the amount she was promised?