1970s teen heartthrob David Cassidy has filed for bankruptcy and is being ordered to sell his Fort Lauderdale home, MSN is reporting.
Cassidy purchased the six-bedroom, $1.1 million home in 2001. The 6,400-square-foot mansion also boasts a pool and a boat dock.
Although he’s sold over 30 million records, David Cassidy seems to have fallen on hard times recently, according to People . After a series of DUI arrests in 2010, 2013, and again in 2014, his wife, Sue Shifrin-Cassidy, filed for divorce. Cassidy later filed for bankruptcy in February of this year.
According to court documents, Cassidy’s debts include $290,000 owed to Wells Fargo Bank, $21,000 to American Express, $17,000 to CitiBank, and $102,000 to a Florida lawyer.
Fortunately for David, selling his Florida mansion won’t mean he’s homeless: he also owns a home in Saratoga Springs, New York. He’s also not going to be completely broke — he still has $10 million in assets, according to the bankruptcy filing.
David Cassidy became a household name in the 1970s thanks to the phenomenal success of The Partridge Family . The talented singer and guitarist used his fame on the show to become a teen idol, selling millions of records, selling out stadiums around the world, and appearing on just about every conceivable kind of merchandise .
“I’m exploited by people who put me on the back of cereal boxes. I asked my housekeeper to go and buy a certain kind of cereal and when she came home, there was a huge picture of me on the back. I can’t even eat breakfast without seeing my face.”
By the 1980s, however, The Partridge Family was a distant memory, and the aging Cassidy could no longer pull off being a teen idol. He appeared on Broadway, with mixed success, before hitting it big in Vegas headlining the popular Strip show EFX . However, an injury forced him to retire from the show.
By the 2000s, substance abuse issues caught up with Cassidy. A series of highly-publicized DUI arrests in the 2010s led to him going into rehab for a time in 2014.
Cassidy’s Fort Lauderdale mansion will go up for auction on September 9 , according to the New York Daily News . Interested bidders must pre-qualify to participate in the auction. The company selling the mansion, Fisher Auction Company, is known for selling million-dollar homes of celebrities — in 2013, the company sold Gianni Versace’s Miami Beach mansion for $41.5 million.
The bankrupt Cassidy is reportedly “excited” to auction off his property and “move on to the next chapter” of his life.