logo
Plus   Neg
Share
Email

Eddie Money Guitarist Seeking $1.5 Million In Lawsuit Against Estate

eddiemoney 052919 lt

A former guitarist in Eddie Money's band has filed a lawsuit against the late singer's estate seeking at least $1.5 million in unpaid royalties.

According to TMZ, guitarist John Nelson has filed a claim against Money's estate claiming he's owed royalties dating back to a contract he inked back in 1986.

Nelson recorded with Money from 1980's Playing for Keeps to 1999's Ready Eddie. He also has other credits on compilation albums up to 2016.

In the complaint, Nelson claims that Money agreed to pay him $16,234 plus two royalty points on the 1986 album Can't Hold Me Back.

The guitarist also worked on four other albums, including Nothing to Lose, Love and Money, Broken Down Chevy and Nobody Knows, based on "oral agreements."

According to the report, a "lack of accounting on Eddie's part" meant that Nelson was uncertain how much he was owed, so the figure of $1.5 million was entered as an estimate.

Money died on September 19, 2019, just weeks after he was diagnosed with stage 4 esophageal cancer.

A spokesperson from Money's estate told TMZ, "We have yet to receive John Nelson's filing, and in any event his family will be exercising their right to handle Eddie's estate and affairs, which they are confident is being done properly."

For comments and feedback contact: editorial@rttnews.com

Entertainment News

Follow RTT