There are plenty of examples of celebrities who spend their money (and their creditors' money) on things nobody could want or need. Heck, Nicolas Cage once dropped $276,000 on a dinosaur skull. Needless to say, fans aren't often surprised to learn that a celeb has blown a lot of money on something crazy. However, if you look through the headlines, you're not going to find a story like that about Sinbad.
The comedian has spoken about his money problems since they've become public knowledge, and according to him, he doesn't spend lavishly. In various interviews, he was quick to dispel any rumors of the kind. Most of his debts to financial institutions revolved around businesses he kept afloat during difficult financial times. This included payroll and equipment costs he often had to pay out of pocket.
Sinbad told HuffPost, "I spent money, and I kept thinking, 'I get one more movie, and I'll wipe these bills out,' but that movie never came. That black pride, I said, 'Man, I'm going to hang in there, I'm going to pay these bills.' So you owe a million dollars. I can pay that. OK, fines, fees, now you owe two and a half million. 'But I didn't do nothin'!' Now you owe four million.'" In the same interview, he pointed out that he's never spent his money lavishly, saying, "Have you ever seen me in a Bentley? Have you ever seen Sinbad with a big chain?"
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