Poor Hammer!His music catalouge was sold for a whopping 2.7 million
but he won't see a penny of it!
The sale was handled by the executor of his bankruptcy trust and
the new owner plans to license the music for movies and commericals.
Amazingly, Hammer raked in over 33 million dollars in 1991 but filed
for bankruptcy in 1996 claiming over 14 million in debts.
How did it happen?
Hammer had 17 race cars, a Boeing 747, a Kentucky Derby race horse,
a 20 million dollar mansion and a monthly payroll over $500,000.
Whatever!
It ain't what you cop, it's what you keep!
