Michael Jackson lawyers see dollar signs
Michael Jackson's lawyers overseeing his estate seem to be drooling at the prospect of an enormous spike in earnings now that the King of Pop is dead.
New documents released recently show that Michael Jackson dead is worth serious cash. We're talking stratosphere cash!
Between record and single digital downloads and traditional sales heat, plus the merchandise with anything Michael Jackson, the Jackson estate king are reporting potential earnings in the "high eight figures."
But, judging by the 50-million plus Graceland alone brings in from revenue from Elvis visitors and the tens of millions earned from record sales and downloads -- The King of Rock has set a pretty high financial bar for earnings after death.
If Neverland is restored to a Graceland type stature with it decorated as it was when Michael Jackson lived there, the earning potential of the sure-to-be California landmark would be immense. Not to mirror the sound of a broken record, but Jackson's record sales continue to be off the charts. Elvis, don't get me wrong, is fantastic, but he does not have the pop hit factory that Jackson possesses.
Jackson's estate, although in parts in financial turmoil, will recover and his children (recently legally awarded to their grandmother Katherine Jackson) will certainly be well off for their entire lives.
More on Michael Jackson
Michael Jackson's kids go to grandma
Cops close in on Michael Jackson's doctor
Was Michael Jackson murdered?
The complete Michael Jackson memorial video replay
Highlight videos from Michael Jackson's memorial
Katherine Jackson denied executorship over Jackson's estate
Michael Jackson album sales soar
Michael Jackson's will details
Michael Jackson's family takes control of his estate
Janet Jackson speaks at BET Awards
Lisa Marie Presley speaks out
Remembering Michael Jackson
Michael Jackson's 5 greatest entertainment moments
10 Michael Jackson performance videos
Photo gallery tribute to Michael Jackson
Michael Jackson's most famous albums: A photo gallery