Ed McMahon pimps out his last shred of dignity to star in credit report ads

Elderly and indebted Ed MacMahon was once Hollywood royalty. He was Johnny Carson’s sidekick for 30 years and was the producer of such hit shows as Star Search and TV Bloopers & Practical Jokes. Today, Ed is a high-end victim of the real estate crunch, and owes $644,000 in back payments on his home while being sued for racking up more than $180,000 in credit card debt. Since his days of announcing or handing out giant checks for Publisher’s Clearing House are long gone, McMahon has resorted to rapping in a new series of viral videos for the company FreeCreditReport.com. Oh, the humanity.

Ed McMahon has an unexpected new job title: rapper.

The 85-year-old former “Tonight Show” sidekick will star in two viral rap videos for FreeCreditReport.com, a financial Web site owned by credit bureau Experian. The videos feature McMahon wearing a tracksuit, being chauffeured around Los Angeles in a Cadillac Escalade golf cart and waxing lyrical about his very public financial troubles.

“I knew I could sing the blues, but I didn’t know I could rap,” McMahon said Wednesday.

The videos will appear online in October.

Charles Harris, FreeCreditReport.com’s vice president of strategic marketing, said the company sought out McMahon to star in the humorous spots after seeing him openly discuss his finances on “Larry King Live.” Harris said McMahon represents “a man who is taking charge.”

In the first video, McMahon _ who once pitched the American Family Publishing sweepstakes _ and a bodyguard are cruising through a neighborhood looking for sweepstakes winners to ask for some money back, but McMahon doesn’t actually go through with it. In the second spot, McMahon dons a new suit after undergoing a financial and emotional makeover.

“When I retired, I was famous,” McMahon raps in the video. “I had money and glory/I bought a house for 6 mill/I thought nothing could touch me/Until my credit went south, and debt started to crunch me/Next thing I know, instead of playing gin rummy, I was scrambling just to make ends meet/It wasn’t funny.”

After being joined by two scantily clad women, McMahon continues: “Got a bump from the media chumps, but that was temporary/Wife with bad credit was scary, so I got wise/I may have fallen, but I got back up/Now I’m back on the attack, like a ninja swinging nunchucks/I told the haters, ‘Go on, take a hike’/It’s my show now, and I can do what I like.”

McMahon said he spent one day in the studio recording the rap. He said he hopes his participation will inspire viewers to learn from his mistakes and become more aware about their finances.

When asked if he would consider releasing a full-length rap album, McMahon said: “Not immediately.”

[From Huffington Post]

Well, I’ll say this for the guy: at least he can keep his sense of humor. Looks like he is cashing in on what’s left of his fame to keep himself afloat financially. I do have to wonder about the line in his “rap” referring to his “wife with bad credit.” Speculation has been swirling for some time that his much younger wife, Pam, is at the root of much of McMahon’s financial woes. Apparently, Pam takes the term “retail therapy” to a whole new level.

Ed McMahon and his wife are shown at the Emmys on 9/21/08. Credit: Albert L. Ortega / PR Photos

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7 Responses to “Ed McMahon pimps out his last shred of dignity to star in credit report ads”

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  1. KERRI says:

    Perhaps his 40-year old wife should get a job at Barney’s instead of being a returning customer. Or is she waiting for the millions from the fraudulent lawsuit that hubby will get from his 2-year old accident at his good friend’s house.

    BEWARE of in-debt “friends” who come to your home for dinner and slip in your hallway. One has to know what will follow.:( 😕

  2. rules says:

    what the f#$% is his wife wearing….omg!

  3. KERRI says:

    @rules: They’re on a budget. No more high-end shopping, but really, she could do better in a Thrift Store. 🙄

  4. Orangejulius says:

    Yikes! I have exactly the same outfit in my closet and was going to wear it at Xmas as a joke. He gets a pass because he’s made it to 85 without anyone feeding him or wiping his ass….

  5. Kat says:

    Ed needs to retire and rest. What a wonderful smile he has. Wifey needs to get off her ass, and get a job.

  6. vdantev says:

    Put him on American Idol, that’s practically his hosting gig on Star Search.

  7. kate says:

    please. there are old people who have worked their asses off their entire lives just to get by and are now living on social security with no wealthy friends or commercial spots to help them out, so i don’t feel too sorry for ed macmahon. sounds like he lived way beyond his means and invested foolishly. and what the hell did he ever do to make so much money? sit on a sofa and laugh for 30 years. whatever.