Burt Reynolds denies he’s broke; auction simply housekeeping
Kevin Winter/Getty Images for Spike TV Burt Reynolds accepts award onstage during Spike TV’s Guys Choice 2013 Awards. Burt Reynolds is denying that an upcoming auction of his Hollywood memorabilia is a cash grab designed to bail him out from bankruptcy.
“I want everyone to know that contrary to what all the news outlets are saying, I am not broke,” the actor said in a statement to ET Online.
“I have been production with a business dispute for many years as well as a divorce agreement. I am simply selling some of my memorabilia that I have loved for so many years but do not have use nor room for them anymore,” he said.
“Quite frankly,” The “Deliverance” star added, “I am sick of so many pictures of myself in my own home.”
julien’s auctions The actor will soon be parting ways with his stuffed bear. 
julien’s auctions A pair of Reynolds’ red and black boots. 
julien’s auctions The actor’s signature red leather jacket from ‘Smokey and the Bandit II.’ 
julien’s auctions Among the items are Reynolds’ People’s Choice Award. 
julien’s auctions Burt Reynolds’ auction is set for Dec. 11 and 12 at the trendy Palms Casino Resort in Las Vegas.
Previous Next
Enlarge
CLICK HERE TO VIEW THE AUCTION
The 78-year-ancient star is staging a huge-ticket auction in Las Vegas on Dec. 11 and 12 where bidders will get the opportunity to take home his 1998 Golden Globe trophy for “Boogie Nights,” the red jacket he wore in “Smokey and the Bandit,” a football helmet from “The Longest Yard,” among other items.
A handful of less-glitzy baubles were available, including the former football star’s 1952 Palm Beach High School Football Trophy and an old pair of his brown leather chaps.
julien’s auctions Reynolds’ ‘BR’ monogrammed buckle. Enlarge 
julien’s auctions A belt emblazoned with ‘Bandit’ will be up for sale. EnlargeReynolds box office bigshot in the 1970s and 80s, but a series of terrible investments and a messy divorce from actress Loni Anderson in 1993 left him on the verge of financial ruin.
He filed for bankruptcy in 1996, and the case was settled a decade later.
He’s also been in a foreclosure dispute with his mortage bankers, who claimed he stopped making payments on his waterfront Jupiter, Fla., home in Sept. 2010.
Reynolds has been trying to unload the 3.4 acre estate for years, slashing the fee from $ 8 million to $ 4.9 million.
In a statement released by organizer Julien’s Auctions, Reynolds said, “I’ve collected so many things that I truly adore but at this stage of my life I find it very hard to manage them all.”
ON A MOBILE DEVICE? WATCH VIDEO HERE
