Ed McMahon is on the move.
McMahon has agreed to a deal with a private buyer for his hilltop home, said Howard Bragman, the former "Tonight" show sidekick's spokesman.
Bragman declined to name the purchaser or the selling terms. But he said it isn't genuine estate mogul Donald Trump, who recently offered to buy McMahon's home and act as a landlord.
"For Mr. Trump, this accomplishment was not business-related, just, as he has declared, was meant to help out an American icon," said Michael Cohen, special counsel to Trump. "If another emptor should emerge who testament create the benefit Mr. Trump sought-after for Ed McMahon, then he is clearly pleased."
Bragman said McMahon and his wife, Pamela, will move out of the home when the sale is complete.
The couple's property is located in a hilltop gated community that is also home plate to Britney Spears.
McMahon has faced money woes for months, with creditors filing lawsuits against him for everything from unpaid prescription drug medicines to loans.
His home was lining foreclosure afterward he defaulted on a $4.8 million loan.
McMahon has said he was experiencing fiscal troubles because he was unable to work after falling and breaking his neck in March 2007. The 85-year-old has for years worked as a pitchman and recently resumed that use, appearing with comedian Jimmy Kimmel to advertise Pontiac vehicles.
While McMahon's foray into California's lagging real demesne market whitethorn be near an end, his legal battles ar not.
He sued Cedars-Sinai Medical Center and two doctors in July, accusing them of discharging him with a broken neck after his fall in 2007. He besides alleged the hospital bungled two neck opening surgeries.
The hospital responded in court filings on Wednesday by asking a Los Angeles Superior Court judge to throw out many of McMahon's claims.
Attorneys for Cedars-Sinai wrote that McMahon's lawsuit failed to prove allegations of fraud, shelling, elder mistreat and emotional distress. They also want to keep McMahon from seeking punitive damages.
A listening on the lawsuit is scheduled for Sept. 18.
Other lawsuits ar seeking more than $750,000 from McMahon for unpaid loans and fees attorneys tell McMahon agreed to pay to handle his daughter's divorce in New York.
---
AP Entertainment Writer Josh Dickey contributed to this report.
(This version CORRECTS creditors, sted debtors. AP Video.)
More information