Kevin Spacey recited a poem about a tired and downhearted boxer during a spontaneous performance at a museum in Rome. Years of reaped rewards due to his talent have translated into severe financial troubles for the actor. Spacey recently revealed in a shock admission that he is very much in the red in terms of legal fees, with “a lot” owing, spiraling him into financial dire straits. Now, with a foreclosure of his Baltimore home at a critical point and his future uncertain, Allen is catching up with my team on a trip to New York.
Spacey’s rise and fall can be traced to a number of legal challenges that have consumed his life in recent years. The biggest hit was a $31 million ruling in favor of the producers of “House of Cards.” All told, this amount represents $29.5 million in damage and a separate $1.4 million in fees and costs to be paid to the lawyer. The ruling came after Spacey was already fired from the hit show amid claims he sexually assaulted production assistant, and now lead character, Kevin Spacey, further derailing what was once an amber paved lane in the long and winding road of his career.
The financial struggle has been heavy, but it is not the only obstacle that Spacey must confront. The actor has spoken about how much the challenges he has faced have impacted his career. Though some directors, producers, and more actors have already come out in support, the real obstacles come from those distributing companies networks. And those entities are still staying away, because he’s the subject of bad press from the allegations. The repeated return to attempts to prove he isn’t a lost cause in the professional realm. His efforts to mount a comeback in the music business has also been complicated by a recent documentary that details the accusations against him.
Spacey meanwhile has become a pariah, alienating the public. A decade ago, he was a celebrated actor, recognized for his brilliant work, but now most only know him for his legal and personal troubles. The future is less easy to predict for Spacey, entangled in the legal, financial and professional dilemmas of his own making. The image of him today, green ponytail aside, serves as a depiction of how far a man who was once king of his world has fallen, now trying to find his way through an unnavigable darkness.
As Spacey has maneuvered through these stormy waters the question has to be, how is he going to resolve the degree of financial liabilities that now loom, coupled with the career hit that awaits? What his story tells, is a cautionary tale to how the volatility of fortune can greatly affect your life and livelihood and how legal and personal matters can drive it even faster into the ground. The actor, once tagged one of the best of his generation, is now a walking cautionary tale that signals just how quickly the tide can turn and the forever impact that one’s choices have.
Spacey’s road ahead is uncertain. She’s losing her home because she can’t keep up with payments, and he’s facing huge legal bills. They’re far from bouncing back financially. His success in navigating these challenges could be contingent upon just how quickly he is able to deal with the ongoing legal issues and rehabilitate his once-pristine image in an industry known to be less than forgiving. The next few years will prove pivotal, this will be the period in which we see whether or not Kevin Spacey can make any sort of personal comeback and his tale continues to serve as a stark reminder of quite a dramatic fall from grace.
