Burt Reynolds Defends Finances Amid Auction: "I'm Not Broke"
The 'Boogie Nights' star is selling off hundreds of items, from cars to trophies
Burt Reynolds doesn't want you to worry about him.
The 78-year-old Deliverance and Boogie Nights actor is in the process of auctioning off over 600 personal items, including movie memorabilia and various awards, but he says he is not out of money.
Read more Burt Reynolds Memoir Due in 2015
"I want everyone to know that contrary to what all the news outlets are saying, I am not broke," he told Entertainment Tonight. "I have been dealing with a business dispute for many years, as well as a divorce settlement."
He added: "I am simply selling some of my memorabilia that I have enjoyed for so many years, but [I] do not have use nor room for them anymore."
See more Hollywood's 100 Favorite Films
Reynolds, who divorced actress Loni Anderson in 1993, is selling off clothes, vehicles, artwork and his Emmy and Golden Globe awards, among many other possessions. The Associated Press reported in 2011 that his Florida home was facing foreclosure.
The auction, run by Julien's Live auction house, takes place Dec 11-12 at The Palms Casino Resort in Las Vegas. To see the catalog and place online bids, click here.