Entertainment|November 3, 2009 3:07 pm

Nicolas Cage New Orleans Homes Going up for Auction

There is trouble brewing for actor Nicolas Cage of the financial variety as his New Orleans homes are being put up for auction
Boston (DbTechNo) – There is trouble brewing for actor Nicolas Cage of the financial variety as his New Orleans homes are being put up for auction.

One might ask yourself how an actor of Cage’s status could have any sort of money problems? Maybe he lost it all in vegas.

The homes, each valued at more than 3.5 million will hit the auction block on November 12.

According to NOLA.com, both homes have more than $5.5 million in unpaid mortgage debt, nearly a quarter of what Cage makes on average per film.

Cage also owes more than 6 million dollars in taxes, and is selling his England castle and another home in Hollywood.

Cage believes that his manager has something to do with his financial woes, and is suing him for misadvising him when it comes to his finances.


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