Here are some photos of Johnny Depp arriving in Tokyo yesterday. Quick question to all of the musicians out there: would you travel on a long, international flight with just your guitar in your hand and no guitar case? The idea behind it, I’m sure, was to make Johnny Depp look like a humble troubadour, a completely normal artistic type who needs to just carry his guitar everywhere because he never knows when the need to pluck and sing will take over. Johnny Depp: humble poet/rock star/artist. Except that as Depp’s lawsuit against his former managers heats up, a completely different portrait is being revealed. In newly revealed emails to and from Depp and his ex managers, Depp claims he can’t fly commercial, can’t stop overspending and can’t stop signing on to terrible movies to pay his bills. Incidentally, it seems like Depp’s ex-managers were trying to keep him fully informed of the extent of his financial situation. Which, if you’ve been paying attention, seemed pretty clear months ago – even The Hollywood Reporter picked a side, and they did not pick the side of the movie star.
Just over five months after Johnny Depp sued his former business managers for $25 million over allegations of fraud and mismanagement, The Management Group is firing back with a new set of evidence that claims Depp and his team were made aware of his crippling financial situation long before he reportedly learned about his $40 million debt. E! News obtained the legal documents filed by TMG, which include 11 exhibits of email correspondence between Depp himself, his sister Christi Dembrowski, and other lawyers, agents, managers and bankers regarding the movie star’s accounts. In an email dated early 2010 and sent to Dembrowski by Johnny’s main business manager, Joel Mandel, he wrote that his bank accounts were nearly $4 million overdrawn.
Additionally, Mandel requested Depp’s signature on documents to secure a $6 million loan, to which his family member replied, “was gonna get them to you this afternoon…no worries!” Other conversations between the parties often focused on an urgency to retrieve Depp’s signature on other various documents related to his finances.
Mandel reached out to Depp directly in December 2009 to express concerns over The Pirates of the Caribbean star’s lavish spending habits. He advised his client to “take it easy on holiday spending” and “discuss some dollar limit” on participating in a Dillinger Museum auction. Mandel also asked to meet with Depp in person “to talk about where we are financially, what we have borrowed in order to sustain ourselves, what we have had to do to obtain those borrowings, what is now necessary to pay those borrowings back, and finally, to look realistically at income and expenses to work together on how to make sure that these are back in balance.”
The celeb responded one day later, explaining, “I am doing my very best on holiday spending, but there is only so much I can do, as I need to give my kiddies and famille as good as Christmas as possible, obviously within reason.” Johnny also expressed his concern over flying commercial, claiming that because of paparazzi presence, it “would be a f–king nightmare of monumental proportions.”
Depp then pointed to his upcoming film projects as a monetary solution for his financial crisis. According to Johnny, he was set to earn $20 million for The Tourist, $35 million for Pirates Of The Caribbean: On Stranger Tides and $20 million for Dark Shadows. He also offered to sell personal belongings such as art, bikes, cars and property to offset the debt. Depp concluded, “I don’t like being in this situation, but there wasn’t a whole lot of choice, as The Rum Diary was a sacrifice we knew would be happening and the last proper paycheck was Public Enemies.”
TMG alleges, “Depp wants to deny this discovery because it will establish that TMG did everything within its power to make Depp, and all of his closest advisors, fully aware of Depp’s financial condition. If TMG was trying to hide Depp’s finances to cover-up their alleged misconduct, they would not have repeatedly advised Depp’s long-term personal lawyer, Jake Bloom, and his longtime agent, Tracey Jacobs, regarding the situation.”
Again, no surprise. I don’t think it’s totally beyond the realm of possibility that Depp’s ex-managers made some shady deals or skimmed some money, but I also think that they have the receipts going back for years about how Depp spent like a drunken pirate and how he had no concept of his debt. He is the embodiment of #RichPeopleProblems. He is not the humble, scarf-wearing poet/troubadour. Poet/troubadours don’t have to sign $6 million floater loans before the board their private jet.
Photos courtesy of WENN.