Results tagged “edmcmahon”

The AP reports that legendary Johnny Carson sidekick Ed McMahon passed away shortly after midnight this morning at Ronald Reagan UCLA Medical Center, surrounded by his wife, Pam, and other family members. The entertainer, a Marine who served in WWII and Korea, was 86. Though his publicist declined to divulge the exact cause of death, it's known that McMahon suffered from multiple illnesses, including bone cancer, and sustained a neck injury caused by a 2007 fall. Recent years had been financially difficult for McMahon, whose Beverly Hills home was nearly foreclosed upon last year after he defaulted on a $4.8 million loan. But he didn't seem bitter while explaining his problems to Larry King (video), and still had fond memories of his 30-plus years on The Tonight Show. Other co-hosting gigs during his long career included Star Search, TV Bloopers And Practical Jokes, and, who could forget, Alf's Hit Talk Show.

Last week, it was reported that developer Donald Trump was going to buy TV personality Ed McMahon's home out of foreclosure, allowing McMahon to continue to live in it while paying rent. But now it turns out there's some competition for the $4.6 million mansion, with a second anonymous buyer emerging. Trump said, "I hope they take good care of Ed McMahon because he deserves it. The only reason anybody other than me would be interested in this house is because I showed an interest in it first. I just heard that the person negotiating doesn't have financing, and the deal would be subject to getting financing, something which I, obviously, don't need." McMahon had a $4.8 million mortgage out on the property from Countrywide, which said the 85-year-old was $644,000 behind on payments in February.

You've heard about Ed McMahon's home being foreclosed in Beverly Hills? Well, now Donald Trump is swooping in to help out the former Tonight Show sidekick. Trump, who doesn't know McMahon--"I grew up watching him on TV"--told the LA Times it would be "honor" to lease the mansion to the 85-year-old, who defaulted on $4.8 million in mortgage loans with Countrywide (the house is a 6-bedroom, 5-bath home, bought in 1990 for $2.6 million). Details are still being worked out, but Trump said, "When I was at the Wharton School of Business, I'd watch him every night. How could this happen?" We wonder if this means McMahon will have to appear on the next season of The Apprentice.