Kevin Spacey Breaks Down Over Financial Struggles and Legal Battles in Emotional Interview with Piers Morgan

In an emotional interview on "Piers Morgan Uncensored" aired on June 11, 2024, actor Kevin Spacey revealed severe financial difficulties due to ongoing legal battles over sexual harassment allegations.

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Nitish Verma
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Kevin Spacey Breaks Down Over Financial Struggles and Legal Battles in Emotional Interview with Piers Morgan

In a deeply emotional interview on "Piers Morgan Uncensored" aired on June 11, 2024, actor Kevin Spacey opened up about the severe financial challenges he faces following years of legal battles over allegations of sexual harassment. The former "House of Cards" star revealed that his house in Baltimore is being foreclosed on and sold at auction due to millions in unpaid legal fees.

The interview took a poignant turn when Piers Morgan asked Spacey where he currently resides. Spacey, visibly emotional, responded, "Well, it’s funny you asked that question." He continued, "Because this week, where I have been living in Baltimore is being foreclosed on and my house is being sold at auction. So, I have to go back to Baltimore and put all my things in storage. So, the answer to that question is, I’m not sure where I’m going to live now."

Spacey has been embroiled in a series of legal battles since 2017, when multiple allegations of sexual assault surfaced, including claims from actors and crew members of the hit Netflix show "House of Cards." The allegations led to his firing from the show. In 2022, a Los Angeles Superior Court judge ruled that Spacey and his production companies must pay the makers of "House of Cards" more than $30 million due to losses incurred from his dismissal. The arbitrator found that Spacey had violated his contract's professional behavior requirements by engaging in inappropriate conduct with several crew members over the five seasons he starred in and executive produced the show.

In July 2023, Spacey was acquitted of sexual assault charges by a jury in London. The charges were based on allegations from four men dating back two decades. Additionally, in 2022, a New York jury found Spacey not liable for battery in a civil lawsuit brought by actor Anthony Rapp, who claimed Spacey made a sexual advance on him in the 1980s.

For those following Spacey's tumultuous journey, Today.com provided a comprehensive timeline of the key events:

  • October 29, 2017: Actor Anthony Rapp alleges that Spacey made a sexual advance toward him when he was 14 years old.
  • November 8, 2017: Several more allegations surface against Spacey.
  • December 24, 2018: Spacey faces a felony charge over an alleged sexual assault.
  • July 17, 2019: Prosecutors drop charges against Spacey in a Massachusetts sexual assault case.
  • September 2019: A sexual assault accuser dies, ending the possibility of a trial.
  • May 26, 2022: Spacey is charged with multiple counts of sexual assault in the U.K.
  • October 20, 2022: Spacey is found not liable for battery against Anthony Rapp.
  • November 16, 2022: Seven additional charges are brought against Spacey in the U.K.
  • July 26, 2023: Spacey is cleared of all sexual assault charges in a U.K. trial.
  • March 2024: Spacey makes a return to acting.

When Morgan inquired about the foreclosure of his Baltimore home, Spacey candidly explained, "Because I can’t pay the bills I owe." He admitted that there were moments when he believed he would have to file for bankruptcy but managed to avoid it. Pressed on his current financial status, Spacey revealed, "None... I still owe a lot of legal bills that I have not been able to pay," before admitting he is in considerable debt. When asked how much he owes, Spacey responded, "It’s considerable... many millions. The house itself is many millions." Despite these challenges, Spacey expressed his determination to rebuild his career, stating, "Get back on the horse."

Why It Matters : Kevin Spacey's financial and legal struggles underscore the profound impact that high-profile legal battles can have on an individual's personal and professional life. His situation highlights the financial toll of prolonged litigation, even for someone with a previously successful career. Spacey's candid admission of financial distress and his resolve to persevere offer a rare glimpse into the human side of celebrity legal battles, shedding light on the often unseen consequences of such public controversies.

Spacey has consistently denied the allegations against him but acknowledged during the interview that his behavior "pushed boundaries" by being "too handsy" and "touching someone sexually in a way that I don’t know at the time they didn’t want." He pushed back against Morgan's use of the word "grope," stating, "I agree that the word grope is a very odd word. I personally... I have caressed people, I have been gentle with people. That is the way I’ve been with people. That is the way that I am. You’re making a pass at someone, you don’t want to be aggressive, you want to be gentle, and you want to see if they’re going to respond positively. So, I think the word itself is not a word I associate with my experience."

Key Takeaways

  • Kevin Spacey faces severe financial challenges due to ongoing legal battles.
  • His Baltimore home is being foreclosed and sold at auction.
  • Spacey owes millions in unpaid legal fees and is in considerable debt.
  • Despite financial and legal struggles, Spacey is determined to rebuild his career.
  • Spacey admits to behavior that "pushed boundaries" but denies aggressive misconduct.