Nicholas Cage Loses his Comic Book Filled Bel-Air House! - Blu-ray Forum

Foggy · 04-11-2010, 11:06 PM

Souce: Worst Preview

Quote:

Nicolas Cage's financial problems keep getting worse, since he has now lost his 12,000 square-foot mansion in the upscale Los Angeles neighborhood of Bel-Air. The actor failed to get any bids at its $10.4 million asking price this week, and ownership reverted back to the foreclosing lender.

Cage originally tried to sell the property for $35 million, but wasn't successful. LA Times quoted a real estate agent who called the interior design "frat house bordello," with framed comic books on walls.

The mansion also had model train sets on raised tracks in some rooms, in addition to a central tower, a home theater and an Olympic-sized pool, the newspaper said.

Sussudio · 04-11-2010, 11:10 PM

I'll take it.

OrlandoEastwood · 04-11-2010, 11:11 PM

Damn, his legal team screwed him over GOOOD!

Sussudio · 04-11-2010, 11:12 PM

I'm sure that's exactly what happened

OrlandoEastwood · 04-11-2010, 11:16 PM

It was something like his legal team stole a bunch a money from him and he didn't really notice until it was too late. Something like that.

Foggy · 04-11-2010, 11:24 PM

Quote:

Originally Posted by OrlandoEastwood

It was something like his legal team stole a bunch a money from him and he didn't really notice until it was too late. Something like that.

He really got screwed

DetroitSportsFan · 04-11-2010, 11:26 PM

The guy is cranking out movies. How is he broke? His spending must be out of control.

tommyboy81 · 04-11-2010, 11:29 PM

Quote:

Originally Posted by DetroitSportsFan

The guy is cranking out movies. How is he broke? His spending must be out of control.

thats what i'm thinking

Blu-Benny · 04-12-2010, 12:19 AM

Quote:

Originally Posted by DetroitSportsFan

The guy is cranking out movies. How is he broke? His spending must be out of control.

he's cranking them out to pay off his debt, he spends mad money!!! who needs a t-rex skull???

Sussudio · 04-12-2010, 12:35 AM

Quote:

Originally Posted by OrlandoEastwood

It was something like his legal team stole a bunch a money from him and he didn't really notice until it was too late. Something like that.

Oh, that I did not know. I thought you were referring directly to the house and was confused

.

OrlandoEastwood · 04-12-2010, 02:52 AM

http://www.people.com/people/article...316292,00.html

Yeah, it was his manager who screwed him over.

Lord_Stewie · 04-12-2010, 03:53 AM

Like Eastwood said. The guy did get screwed. However, he can always build himself up, he is a celebrity after all.

Batman1980 · 04-12-2010, 06:32 AM

Quote:

Originally Posted by OrlandoEastwood

http://www.people.com/people/article...316292,00.html

Yeah, it was his manager who screwed him over.

Then hopefully he will be able to sue his manager and win some of his money back.

Foggy · 04-12-2010, 10:10 AM

He still got his house in Bath

Galactus · 04-12-2010, 10:20 AM

How much is he in debt?

ChadFL · 04-12-2010, 09:16 PM

Quote:

Originally Posted by DetroitSportsFan

The guy is cranking out movies. How is he broke? His spending must be out of control.

Some people just aren't good with money. Pro athletes are notoriously bad. Something like half of NBA players are broke within 3 years of the time they leave the league. I'm sure there are many actors in the same boat.

ChadFL · 04-12-2010, 09:18 PM

Quote:

Originally Posted by Gandalf Stormcrow

Then hopefully he will be able to sue his manager and win some of his money back.

What person with half a brain would allow things to get to that point? Seriously, he didn't notice massive amounts of cash missing until it was ALL gone? I don't feel sorry at all for a lot of these people.

Batman1980 · 04-12-2010, 09:20 PM

Quote:

Originally Posted by ChadFL

Some people just aren't good with money. Pro athletes are notoriously bad. Something like half of NBA players are broke within 3 years of the time they leave the league. I'm sure there are many actors in the same boat.

What ticked me off a while back is Latrell Sprewell actually said his huge NBA salary wasn't enough to feed his kids, glad the Timberwolves got rid of him after that.

chefazn · 04-12-2010, 09:22 PM

" Nicolas Cage brought about his own financial ruin with a spending spree that included two castles, 15 palatial homes, a flotilla of yachts and a squadron of Rolls Royces, his former business manager said."

http://www.cnn.com/2009/SHOWBIZ/11/1....cage.lawsuit/

Batman1980 · 04-12-2010, 09:27 PM

Quote:

Originally Posted by chefazn

" Nicolas Cage brought about his own financial ruin with a spending spree that included two castles, 15 palatial homes, a flotilla of yachts and a squadron of Rolls Royces, his former business manager said."

http://www.cnn.com/2009/SHOWBIZ/11/1....cage.lawsuit/

That's a lot of expensive property!

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04-11-2010, 11:10 PM	#2
Sussudio Blu-ray Champion Member since:Sep 2008 Blu-ray collection:1 Blu-ray reviews:1 Trading Score:11	I'll take it.

04-11-2010, 11:11 PM	#3
OrlandoEastwood Blu-ray Champion Top contributor Member since:Jun 2008 Location:R-Point Blu-ray reviews:86 Trading Score:24	Damn, his legal team screwed him over GOOOD!

04-11-2010, 11:12 PM	#4
Sussudio Blu-ray Champion Member since:Sep 2008 Blu-ray collection:1 Blu-ray reviews:1 Trading Score:11	I'm sure that's exactly what happened

04-11-2010, 11:16 PM	#5
OrlandoEastwood Blu-ray Champion Top contributor Member since:Jun 2008 Location:R-Point Blu-ray reviews:86 Trading Score:24	It was something like his legal team stole a bunch a money from him and he didn't really notice until it was too late. Something like that.

04-11-2010, 11:26 PM	#7
DetroitSportsFan Hot Deals Moderator Top contributor Member since:Aug 2007 Location:Michigan 4K collection:439 Blu-ray collection:2226 Trading Score:93	The guy is cranking out movies. How is he broke? His spending must be out of control.

04-12-2010, 02:52 AM	#11
OrlandoEastwood Blu-ray Champion Top contributor Member since:Jun 2008 Location:R-Point Blu-ray reviews:86 Trading Score:24	http://www.people.com/people/article...316292,00.html Yeah, it was his manager who screwed him over.

04-12-2010, 03:53 AM	#12
Lord_Stewie Blu-ray Baron Member since:May 2007 Blu-ray collection:396 Blu-ray reviews:1 Trading Score:1	Like Eastwood said. The guy did get screwed. However, he can always build himself up, he is a celebrity after all.

04-12-2010, 10:10 AM	#14
Foggy Blu-ray Grand Duke Top contributor Member since:Dec 2008 Location:UK 4K collection:29 Blu-ray collection:3591 DVD collection:47	He still got his house in Bath

04-12-2010, 10:20 AM	#15
Galactus Blu-ray Knight Member since:Jan 2008 Location:Pillars of Creation Blu-ray collection:60 Trading Score:31	How much is he in debt?

04-12-2010, 09:22 PM	#19
chefazn Power Member Member since:Mar 2010 Location:Maryland Blu-ray collection:308 Trading Score:33	" Nicolas Cage brought about his own financial ruin with a spending spree that included two castles, 15 palatial homes, a flotilla of yachts and a squadron of Rolls Royces, his former business manager said." http://www.cnn.com/2009/SHOWBIZ/11/1....cage.lawsuit/

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