Burt Reynolds auctioning off his personal possessions has us concerned

Dec 2, 2014 at 8:49 a.m. ET
Image: C.M. Wiggins/WENN.com

Burt Reynolds' life has taken a depressing turn, and it is believed the once massive movie star may now be broke.

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Reynolds was once one of the biggest movie stars in the world, having starred in films such as Smokey and the Bandit, The Longest Yard, The Dukes of Hazzard and Striptease. He took home a Golden Globe for his supporting role in the 1988 film Boogie Nights. However, the fact that the actor is now putting more than 600 of his personal items up for sale has fans worried that he could, in fact, be broke.

Most of the things on auction are Reynolds' memorabilia, including his western wear, his awards and personal wardrobe, which according to Entertainment Tonight, will go on sale at auction at The Palms in Las Vegas, Nevada, on Dec. 11 and Dec. 12.

But there is even more reason to speculate about the actor's financial situation. According to Vice, not only is he selling things that are worth selling, but he's also selling just about anything that has his name on it, including his old American Express credit cards.

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In the auction catalog, Reynolds said, "I've collected so many things that I truly adore but at this stage in my life I find it very difficult to manage them all."

"The fact of the matter is that it truly is the time to downsize and for these items that I have loved over the years [to] find new homes where they can be cared for and appreciated," he added.

We hope that is the only reason because it is no secret that Reynolds has had money woes in the past. Since the peak of his stardom, Reynolds has filed for bankruptcy, and he has been in a foreclosure fight over his home for years.

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