How Kevin Spacey, the disgraced star of Netflix’s ‘House of Cards,’ spent over $40 million over the last year

Ex-House of Cards actor Kevin Spacey’s spending spree is far from over. The $31 million settlement with The Weinstein Company is the latest in a long list of efforts to stickhandle legal fallout and…

How Kevin Spacey, the disgraced star of Netflix’s ‘House of Cards,’ spent over $40 million over the last year

Ex-House of Cards actor Kevin Spacey’s spending spree is far from over.

The $31 million settlement with The Weinstein Company is the latest in a long list of efforts to stickhandle legal fallout and stem a public firestorm spurred by sexual harassment allegations made against Spacey by Star Trek: Discovery actor Anthony Rapp.

Spacey’s one-time production company, Denver and Delilah, was among several companies that benefited from $75 million in tax breaks offered by the state legislature over the course of three years. The company confirmed it had reached an agreement with the state to settle $13.7 million of that total. The $20 million in outstanding debt still has to be paid back, the company said in a statement.

The settlement with The Weinstein Company was announced in a press release from its chief financial officer, Jonathan Glickman. The company sought to settle with the actor several months after Rolling Stone published an exposé in January titled “Why didn’t Kevin Spacey shut down The Sopranos?” in which Rapp alleged that Spacey made sexual advances to him in 1986.

A representative for Spacey declined to comment.

Prior to this, he paid $2 million to the school where Rapp also works, Kevin Hart, while a London court awarded the actor $90,000 in damages.

But both settlements have been dwarfed by the cost of his legal fees, which Reuters has tallied at roughly $50 million.

Spacey was dropped by publicist Michel Leifer, released from his role on House of Cards and eventually cut from Ridley Scott’s All the Money in the World.

His representation on House of Cards ended following the publication of Rapp’s allegations.

The resolution may result in Spacey seeing time on the run in criminal court, but it also means that he is not, at present, being looked at by his former employers, Netflix and Media Rights Capital, for possible “moral turpitude.”

It also opens the door for the release of any available footage and scenes that were shot before Spacey’s arrest.

In the interim, the pair will likely be tying up all remaining loose ends, with the next “House of Cards” season slated to premiere next year.

Leave a Comment