John Lennon's Nip Slip

12/21/2008 12:51 PM PST

John Lennon's Nip Slip

For $40,000, you can hear a wasted John Lennon sing about sucking nipples.

Today, the auction house Bonham's is selling Lennon's outtake of the 1973 song "Just Because" to the highest bidder. On the track, according to the NY Post, you hear the former Beatle slur, "I wanna take all them new singers, Carol and the other one with the nipples, I wanna take 'em and hold 'em tight, all them people that James Taylor had... I wanna suck your nipples, baby!"

We're guessin' Carol is Carole King and the other chick with the nipples must be Carly Simon.

P.S. -- Lennon re-recorded "Just Because" for his "Rock 'n' Roll" album in 1975.