What's next for Rod Blagojevich?

January 30, 2009 3:18:30 PM PST
Rod Blagojevich has gone from governor to private citizen. He was staying away from the lime light Friday, one day after being ousted from office. He now has to look to the future and possibly a new job.

Blagojevich still faces federal corruption charges, and he, apparently, is racking up substantial legal bills in his legal fight.

For state workers, Friday was payday. Rod Blagojevich received his last paycheck from the state. His wife was also recently let go from her six-figure job. If ABC7's assessment of the former governor's finances is correct, finding a job could be priority one.

Blagojevich's most valuable asset appears to be his house. However, as the ABC7 I-Team first reported in December 2008, it is mortgaged heavily. Now, there is word Illinois' former first family is considering putting it up for sale.

Zillow.com estimates the Blagojevich family could fetch a little more than $963,000 for the house.

When Mr. Blagojevich lost his security detail Thursday, he also lost his main means of transportation. Illinois secretary of state records indicate neither Rod nor Patti Blagojevich currently have a car registered in the state.

The former governor's campaign fund does own a 2002 Chevy Malibu that the Blagojevich family could presumably borrow.

When asked if Rod Blagojevich had a valid driver's license, Illinois Sec. of State Jesse White said, "He does have a valid drivers' license. So, he can get from point 'a' to point 'b' without any problems."

At last report, the former governor's campaign fund contained $2.6 million. What's unclear is whether the Blagojevich family can use any of that money for day-to-day personal expenses.

Rod Blagojevich stands to collect $64,000 each year from his state pension, but he can't begin drawing it until three more years. If he is convicted in his criminal trial, the state pension board could strip Blagojevich of his pension, just like they did to his predecessor George Ryan.

Records obtained by ABC7 Chicago show Blagojevich's law license has been inactive since 2002. For a fee, he could easily practice again.

Others suspect a book deal or gig as a media pundit could be in the former governor's future.

Former Illinois Gov. Dan Walker, who served time in prison after he left office, offers this advice: "If he holds his head up, behaves good and is found innocent, then he can recover personally and lead a personal life."