Jun 15, 08 03:13 PM

Shamon!

Remember when Neverland Ranch was set to be foreclosed upon, but some investment company bailed him out right before it went up for auction? Well, it seems like it's about time for Michael Jackson to pay the $23 million he owes them. Legit reports are coming out, saying that Michael will be headlining his own Vegas show.

We'll see if it actually works out...I'm thinking he should team up with R. Kelly and do a joint show.

In other news, thanks to everyone who has been commenting on the posts lately. The more you comment, the more likely I am to give you mad props and a shout out in a post. (But I can't do that if you don't leave your name!)

 Feb 26, 08 10:05 PM

It's the end of an Era for the King of Pop, Michael Jackson. It's reported that Jackson's Neverland Ranch is going on the auction block. The ranch has been foreclosed upon and is set to be sold at auction on March 19. Michael Jackson received word on Monday from Financial Title Company that unless he pays off the remaining $24.5 million, they will move forward with the public auction that will include not only the house but all personal property, fixtures, appliances, furniture inside as well as any remaining rides - every single item on the estate.

 Nov 8, 07 10:31 PM

Michael Jackson, pictured here at the 2006 World Music Awards in London in 2006, is reportedly on the brink of foreclosure on his Neverland Ranch. The mortgage lender Implode's website shows that Jackson is currently in default on a $23,000,000 loan backed by the sprawling property in addition to owing $212,963 in interest. The singer is said to be currently living in a rental in Maryland. Jackson's other woes include being sued by one-time friend, Sheik Abdullah bin Hamad Al Khalifa of Bahrain.

 Apr 13, 07 08:09 AM

The word is out that Michael Jackson may be slashing the sale price of Neverland by $30 million down from $50.  Bill Huff, debt guru, has obviously been saving dough as he is allegedely negotiating to buy the property at the hefty discount price of $20 million.  Jacko's people deny the rumors.

 Apr 6, 07 11:46 AM

The King of Pop wants to get his groove back in a big way.  Michael Jackson, who has spent the latter part of his career life bleaching his complexion and covering his face from the sun, not to mention the public, is reportedly erecting a 50 ft robotic replica of himself out in the desert sands near Vegas.  The structure was designed by Andrew Van Pier and will feature shooting laser beams that will provide visual titillation to all aircraft passengers.  The flashy publicity stunt is supposedly set to coincide with Jacko's plans for a new Vegas show ... talk about subtle comeback!