
Former mega entrepreneur, wheeler-dealer Marion "Suge" Knight is strapped for cash. The fallen rap mogul has an exorbitant storage bill that needs to be paid.
Knight stored furnishings and other valuables at the Conejo Valley Moving & Storage in Simi, Calif. According to published reports, the former Death Row Records CEO fell behind seven months in storage company payments to the tune of several thousands dollars.
The owners of the storage company gave Knight more than enough opportunities to pay off his surmounting debt, but since he didn't, they decided to hold an auction. Items such as appliances, furniture, gym equipment and even underwear, were sold off on Monday. A large picture of rapper Tupac Shakur and Knight went for a mere $100. The owners of the photo mentioned that they would be auctioning it off on eBay to the highest bidder.
The large crowd of hungry takers swept up everything within 30 minutes. The owners of the storage company expected the "shot caller" to show up, but he never made it. The company made $4,500, and there is still a hefty balance on Knight's account, according to owner Joe Furmidge.
Knight's money troubles don't just end with his outstanding storage fees. The former multimillionaire is being sued by one of his baby mommas, Tammy Renell Hawkins, who has a 4-year-old, Taz Maree, with Knight. Hawkins filed papers last month, claiming Knight has fallen behind in his child support payments.
Death Row Records, former home to legendary artists such as Snoop Dogg, Dr. Dre and Tupac Shakur, grossed more than $100 million. Now, Knight claims he earns $1,307 per month, making his child support payments to Hawkins just $302.00 a month.
Will Knight ever learn from his previous mistakes? More than a year ago, he was also sued by his ex-wife, Michel'le Toussaint, for failing to pay more than $40,000 in court-ordered spousal and child support.
There is more drama to come for this former music exec. Keep your ears peeled!


Comments: (8)
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By: coya on 2/23/2010 6:35PM
I believe the best days of thug rap has come and left. It lasted a good long time. and the ones that got left behind with producers, one hit wonders (you all remeber Nelly) if fact he should do a remix of Country Grammer. All jokes aside the ones that invested are still going strong. So Suge Knight is probabley not the only going through a recession, the light is going dim T.I and Lil Wayne and a sprinkling of others are still selling the crowds but how long.?
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By: nill1227 on 2/23/2010 6:50PM
Will they be selling the gun that shot Tupac and Biggie at his auction???
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By: The truth on 2/23/2010 7:47PM
PRIME example of what should happen to anyone not making an honest buck. Live by the sword, die by the sword. He's never done anything positive for humanity so what's the big deal. So he doesn't have any ill-gotten gains left from thuggin'...SO WHAT! Pay your child support deadbeat!
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By: All Winners LOVE Winners on 2/23/2010 10:37PM
When Will they Ever Learn Ruth - Wink!!!
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By: RockSaulid on 2/26/2010 1:55PM
The framed picture from the auction is already on eBay: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=300400436035
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By: Billy Springer on 2/24/2010 10:08PM
I have no pity or respect for any man who does not support his own flesh and blood. I am not preaching but; I have seen how God does punish men who fail to support their kids. Sean Levert, who's father is Eddie Levert of the O'Jays was picked up for failure to pay child support and died in jail. He was arrogant and told the court that he would not pay child support, now he is gone.
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By: shaniqua on 2/24/2010 1:30AM
Thank you Jesus!!!!
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By: vdog on 2/17/2011 1:20PM
Just add him to the LONG LIST of BROKE AZZ BALLAS!!! HAAAAA!!! Didn't ya momma tell you that A FOOL AND HIS MONEY ARE SOON PARTED??!!!! From CRISTAL back to KOOL-AIDE!!!!
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