Money

Neal Schon claimed his Journey bandmate, Jonathan Cain, was cutting him off from funds available to the band -- but Jon's calling BS ... saying the dude's just fiscally irresponsible.

Cain just filed legal docs, obtained by TMZ, responding to Schon's lawsuit from October ... in which NS alleged that his old pal was boxing him out of an AMEX account that's supposed to be controlled by both of them for the purpose of official Journey business.

Neal alleged Cain wouldn't grant him access to key records, and that the account was only able to be used by JC of late. However, Jon says that's not quite right, alleging Neal's simply a reckless big spender -- and that's why he lost his privileges to the company credit card.

Jonathan tells TMZ ... Neal's always had access to the credit card statements, and what he's really upset over is not being able to up his spending limit on his own. Jon says Neal's been dealing with a lot of pressure over debt related to his extravagant lifestyle and excessive spending -- which he believes Neal was trying to resolve by even more spending.

Jon says when measures were taken to limit his pillaging of Journey's credit line, that's when Neal went on the offensive with his lawsuit -- which Jon says is frivolous and without merit.

His lawyer, Alan Gutman of Gutman Law, backs Jon ... further explaining that Neal's personal expenses were north of a million dollars and completely unnecessary for Journey.

Amber Heard says her million-dollar insurance policy does, in fact, have to cover her in the Johnny Depp trial and verdict ... and she's asking a judge to confirm it.

The actress countersued New York Marine and General Insurance Co. after they first asked a judge to let 'em off the hook for a $1 million liability policy she'd taken out to protect her from defamation claims.

Their argument was based on the fact the jury found Amber's committed willful misconduct in her defamation of Johnny -- and under California law, they say that gives them an out in having to fulfill the policy. In other words, they believe they're not responsible.

In new court docs, obtained by TMZ, Amber argues the exact opposite ... namely, that New York Marine promised to pay her defense costs and judgments against her up to a million dollars, no matter what. That's the unconditional deal she claims they struck with her, and she says they haven't lived up to their end of the bargain.

AH says that in trying to wipe their hands clean, they're turning their back on that agreement ... including breach of contract, among other claims.

Todd and Julie Chrisley are going to do hard time after being convicted of bank fraud and tax evasion ... a judge just sentenced Todd to 12 years in prison and Julie to 7.

The "Chrisley Knows Best" stars learned their fate Monday in federal court in Atlanta, where U.S. District Judge Eleanor Ross handed down their punishment. They also both received 16 months probation.

As we reported ... Todd and Julie were found guilty on a slew of federal charges back in June, and they were holed up in their Nashville mansion on house arrest as they awaited sentencing.

Federal prosecutors argued Monday for lengthy prison sentences for Todd and Julie ... around 22 years for Todd and a dozen for Julie. On the other side, Todd's lawyers argued he should get a maximum of 9 years in prison, while Julie's lawyers argued she should spend no time behind bars and just get probation.

TMZ broke the story ... Todd and Julie were indicted back in 2019 with prosecutors claiming the couple defrauded banks by obtaining millions of dollars in loans based on false financial documents. The U.S. Attorney's Office also said Todd and Julie cheated the government by actively evading federal income taxes.

The ultra-rare Tom Brady-signed flag that was allegedly ruined by the Patriots Hall of Fame has been re-signed by the G.O.A.T. ... and the owner of the piece now says he feels like he's been made whole.

Daniel Vitale was initially livid over the situation earlier this year ... claiming after he temporarily donated the 1-of-1 American flag to the Pats' HOF, officials there ruined the Brady signature on it by displaying it improperly.

Vitale shared pics of the piece, showing the dark blue Brady John Hancock that the QB had put on it in the early 2000s had lost its "T" after being in the New England museum's possession.

The father of three filed a lawsuit over it all, alleging that the flag was worth potentially $1 MILLION less ... and he was asking for the Pats HOF to pay him for damages.

Vitale's lawsuit is still ongoing ... though he tells TMZ Sports he feels at least part of the situation has been remedied, after the Patriots helped get Tom to re-sign the flag last week following the Buccaneers star's return from Germany.

Vitale says the new signature is incredible -- it's "four times" the original size, he told us -- and he now believes the piece is worth significantly more than the $1 million it was initially appraised at.

Vitale will begin the process of trying to sell it now -- he's taking offers immediately -- and he tells us he's trying to do a lot of good with some of the eventual proceeds.

The longtime Pats fan has a daughter who has autism, and he's planning to donate some of the flag's sales to raise awareness for the disability. Specifically, Vitale is hoping to funnel funds to Spectrum Connection, a division of Community Partners in New Hampshire.

Ben Affleck and Matt Damon are starting their own production company that promises to put creatives first -- both in terms of less corporate red tape ... and more money long-term.

The two Hollywood titans -- who have three Oscars between the both of them, and who've starred in, written and directed countless hit films over the years -- announced Sunday they were launching something called Artists' Equity ... which speaks exactly to their goal here.

The idea behind this new enterprise is to host and cater to premier peeps in the film and TV industry -- but instead of paying 'em bank up front, the way a big studio/streamer might these days on talent-for-hire, BA and MD are taking it old-school ... with a cut of the profits.

Back in the day, pre-streaming, that was the playbook in showbiz. Actors and directors and other folks attached to a flick would often be contractually entitled to cash after the fact based on how well something did at the box office. If a movie crushed over time, it could mean more moolah than a one-time payout -- high as it may seem at first -- which is SOP now.

Ben and Matt wanna bring that back, with BA explaining to the NYT ... "As streamers have proliferated, they have really ended back-end participation, and so this is partly an effort to try to recapture some of that value and share it in a way that’s more equitable." He went on to add, "Not just writers and directors and stars. But also cinematographers, editors, costume designers and other crucial artists who, in my view, are very underpaid."

Artists' Equity also aims to do what big studios can't ... getting out of the way, and letting creatives have actual ownership/control of their vision without all the politics that tend to hinder production, sometimes for the worst. At AE, Ben and Matt are adopting laissez-faire.

It's a neat idea ... and it's not just a pipe dream either. Matt and Ben have secured at least $100 million in initial financing from RedBird Capital Partners -- plus an undisclosed amount of dough from their own pockets. Ben says he's going to lend his services exclusively to Artists' Equity going forward. Matt's committed to a handful of films as well.

Flavor Flav's beef with Spirit Airlines is making him a hot commodity with a rival carrier -- Southwest Airlines has entered the chat and it comes bearing valuable gifts.

Sources close to the rap icon/reality TV star tell TMZ ... Flav and his camp were contacted by a Southwest honcho after they got wind of his Las Vegas airport rant after missing a Spirit flight.

We're told the exec is a friend of someone on Flav's team, and made him an offer you'd think he simply can't refuse -- flying for free with Southwest whenever he wants.

TMZ broke the story ... the Public Enemy rapper lost his cool, when he was denied entry to his Spirit flight. He claimed the agent shut the door in his face, setting off a heated back and forth.

Spirit investigated the incident and decided the customer was right -- the airline refunded FF and upgraded him to "Gold", its highest frequent flier tier.

Now that the dust has settled, Flav's got options! A rep tells us he's getting an outpouring of love from flight attendants with several airlines -- including Delta and American. Southwest even sweetened the pot, throwing in a buddy pass to go with his free ride.

Flav has a good history with Southwest -- he played honorary flight attendant during a past flight into Vegas -- so, maybe the airline is in the driver's seat for his business.

If Jay-Z can pull off a deal for the Commanders, Shannon Sharpe tells TMZ Sports it'd be HUGE for the NFL.

The Hall of Fame tight end broke it down for us at LAX earlier this month ... explaining having a guy like Hov in the Washington owner's box would do wonders for the league.

"It's a good look," Sharpe said. "It shows we're trying to diversify and we're trying to expand. And we're trying to do the right things."

It's unclear if Jay has formally put in an offer to Daniel Sndyer for the team -- but we do know he is interested in eventually submitting one with Jeff Bezos ... if the two haven't already.

The titans had a secret dinner in Los Angeles on Nov. 7 to discuss it all ... and it seems if Snyder is truly willing to part ways with the org., the duo wants it.

Sharpe told us he thinks it'd all be "great" -- adding that he hopes D.C. native Kevin Durant somehow finds a way to get involved too.

Ticketmaster is spelling out what went wrong with their Taylor Swift tour sales -- and the justification for the fiasco was basically chalked up to ... a necessary evil to defeat bots.

The Live Nation company posted an explainer Friday night, giving an in-depth breakdown of why so many people had such a hard time buying tickets to TS's 'Eras Tour' during the presale window this week ... and it consisted of both an apology and a defense of the chaos.

For starters, Ticketmaster acknowledges what TayTay said ... that she was told they were anticipating an unprecedented amount of traffic and were prepared. However, TM adds that despite this ... when the digital doors actually opened, their expectations were exceeded.

Ticketmaster posted a graph that shows just how many people (and not-real-people) flooded their site ... even though they had a rigorous registration system in place to make sure real, authenticated fans were able to buy tickets, as opposed to spammers who would otherwise snap them up in bulk and hawk them on the resale market with massive markups.

Regardless of this seemingly airtight system being in place -- consisting of 3.5 million users successfully preregistering/confirming their IDs -- Ticketmaster says that on the day of the sale, even more unregistered fans and bots came flocking in ... partially crashing the site.

To resolve this record amount of traffic while simultaneously taking care of the folks who should've been guaranteed a chance to buy passes ... Ticketmaster says it started staggering queues, the result of which ended with longer wait times and, inevitably, frustrated users.

Ticketmaster says they know this caused confusion -- and in some cases, people to lose their spots outright -- but insists it was the best option under the circumstances. TM also proudly touts the fact 2.4 million tickets were, in fact, ultimately sold to authenticated fans ... and that less than 5% of the tickets sold ended up for resale, a W in the site's book.

Ticketmaster says it regrets the fact some were left empty-handed, but also adds this perspective ... it's unfeasible to please everyone, especially at this level of interest.

TM says, "[B]ased on the volume of traffic to our site, Taylor would need to perform over 900 stadium shows (almost 20x the number of shows she is doing) … that’s a stadium show every single night for the next 2.5 years. While it’s impossible for everyone to get tickets to these shows, we know we can do more to improve ... and that’s what we’re focused on."

Shaggy is heading to the Grammys again thanks to his "Com Fly Wid Mi" album, but musical accolades aren't the only thing fueling his drive ... he's very much about giving back, these days.

We caught the reggae icon at LAX, and this time he couldn't deny it -- it absolutely was him recently speaking to inmates at Michigan's Genesee County Jail.

Shaggy was the guest speaker for the graduation of IGNITE ... which stands for Inmate Growth Naturally and Intentionally Through Education.

Through the program, inmates are given tools to successfully reenter society -- as Shaggy explained to us, ex-cons typically have a hard time adjusting to life on the outside.

Shaggy says he works with a company called Colour Bank that offers inmates financial literacy courses -- and credit cards to use with the education they've earned!!!

With over 4 decades in showbiz and a new Best Reggae Album nom, Shaggy wants to leverage his success to help anyone in need going forward ... and he left us with some wisdom he learned from the late Notorious B.I.G.

Quoting Biggie's final interview, Shaggy reacted to the string of violence in the music community as of late, saying artists should become responsible for the content they make once they hit it big ... especially because they're able to influence so many.

Post Malone is celebrating a new addition to his already impressive jewelry collection -- a blinding 23 carats worth of diamonds, and all that bling is just for the littlest finger of them all.

Guess his hand was feeling a little light, because sources close to Post tell TMZ ... he called up his pals at Angel City Jewelers to hook him up with a new piece for his pinky.

Angel City's owner, Isaac Bokhoor, came through with the goods while PM was making a recent tour stop in Las Vegas ... and unveiled the "Rockstar" sized ring ... which we're told set the singer back about half a million bucks!

For that kinda dough, ya better love it ... and Post clearly does. Check out his reaction right after getting it backstage -- you're looking at a 5-carat Emerald cut center stone, with another 5 carats of round diamonds on the side. There are 13 more 1-carat stones around the band.

Of course, the "White Iverson" is no stranger to getting blinged out by Isaac and co. -- remember, he was the master behind Post's $250k Dallas Cowboys chain.

He got it back in 2019, appropriately while he was in Dallas at AT&T Stadium. That one came with 3,000 stones, 9.7 carats of baguettes, 13.5 carats of sapphires and 8.7 carats of diamonds.

Erika Jayne's diamond earrings -- bought by her estranged husband, Tom Girardi -- are now on the auction block ... but we're told the estimated value for the jewelry is WAY lower than the 'Real Housewives' star thought.

TMZ has learned ... Erika's earrings have been valued at auction somewhere between $250K to $350K -- obviously way under her purchase price of $750K.

Fans of the show know Tom gave her the earrings as a gift, with money he allegedly stole from his clients over the years ... but despite taking heat over the bling, Erika defended herself time and time again about why she's entitled to keep them.

She even told her costars she wouldn't part with them unless a judge ordered her to do so -- which is exactly what went down. FYI ... John Moran Auctioneers already had a big event, auctioning off tons of items from the Girardi estate ... but this piece of jewelry is set to be sold as part of a separate event next month.

Banksy is going to war with Guess -- accusing the clothing brand of stealing his work -- and now encouraging folks to steal from the retailer's London store.

The famous graffiti artist just put out a call to all shoplifters, encouraging them to visit the Guess retailer on Regent Street in London.

Banksy posted an image of the Guess storefront, and it looks like the retailer has his Flower Thrower graffiti displayed along with clothes bearing some of his famous works.

In his post, Banksy rips into Guess, saying ... "They've helped themselves to my artwork without asking, how can it be wrong for you to do the same to their clothes?"

Guess recently started selling a new collection and the clothing line ads brag about items "with graffiti by Banksy." Guess says the collection is a collab with Brandalised, which Guess describes as "an urban graffiti license whose mission is to offer Banksy fans affordable graffiti collectibles."

The Justice Department could get to the bottom of the Taylor Swift ticket fiasco ... because the feds are reportedly already investigating the parent company of Ticketmaster for possible antitrust violations.

The department is taking a close look at Live Nation Entertainment, according to the New York Times ... trying to see if the company's abusing its massive market power to screw millions of music fans over.

While the Swift madness certainly adds to the drama, it seems like the investigation has already been going on for months -- with NYT's sources saying the department's antitrust division has already been contacting venues in the industry about Live Nation's past practices and the overall dynamics of the ticket industry.

As you know, all hell broke loose as fans flocked to Ticketmaster to try and get their hands on a ticket to "The Eras Tour" this week during the presale.

The company even canceled the public sale on Friday, which is ordinarily how it sells any remaining tickets after presales -- and now the resale market is seeing sky-high prices.

NBA YoungBoy is targeting his former artist NoCap over a money dispute, and neither one is showing signs of backing down.

YoungBoy recently resurfaced on Instagram ... to throw subliminals at Kodak Black and, apparently, to very openly shade NoCap.

In an IG story, Youngboy accuses him of throwing undercover disses behind closed doors, and said they no longer collaborate because the respect is gone!!! Well, that's the cleaned-up version ... but you get the idea.

NBA also claims NoCap owes him money ... which was further explained through NoCap's fiery response.

According to him, NBA tried to charge him for their last collaboration, "Flags to the Sky," which appeared on the Alabama rapper's "Mr. Crawford" album.

"Mr. Crawford" was released through Atlantic Records and NBA's Never Broke Again imprint ... and NoCap can't believe his own label boss would try to tax his pockets.

NoCap alluded to the Kodak cheap shots while claiming he never badmouthed NBA, but also says he's never been supported in his 3 years signed to the label.

Taylor Swift is sorry for her fans who feel they were screwed by Ticketmaster in trying to score tickets for her tour ... blasting the company for failing to deliver on its promise for a smooth rollout.

The singer just broke her silence on the concert ticket disaster, with a lengthy statement on her Instagram Story where she's royally pissed at Ticketmaster ... echoing the same feelings from her legions of fans.

Taylor says she's extremely protective of her fans and adds, "It's really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse."

TS also says, "There are a multitude of reasons why people had such a hard time trying to get tickets and I’m trying to figure out how this situation can be improved moving forward."

She's pretty pissed at Ticketmaster, explaining ... "I'm not going to make excuses for anyone because we asked them, multiple times, if they could handle this kind of demand and we were assured they could. It's truly amazing that 2.4 million people got tickets, but it really pisses me off that a lot of them feel like they went through several bear attacks to get them."

As we reported, there were tons of issues and delays with the Ticketmaster presale, and the ticket giant even canceled the public sale, and now the resale market is seeing sky-high price tags.

Taylor ends with a message to the fans who didn't get lucky enough to score tickets ... saying, "My hope is to provide more opportunities for us to all get together and sing these songs. Thank you for wanting to be there. You have no idea how much that means."

Luka Dončić continues to break records on and off the court ... his 2018 National Treasures Rookie NBA Logoman Patch card, a 1-of-1, just sold for $3.12 million at auction!

The ultra-rare card sold at a PWCC auction Thursday night ... and set a new all-time record for a basketball card sold at a public auction.

The card features an image of the 23-year-old hoops star on the front, along with an actual patch from a jersey he wore during his rookie year and an autograph. The back has a quote from Luka's rookie season ... when he joked he'd retire if he dunked on LeBron James.

"This is the highest price ever realized for a basketball card sold in a verified public auction," said Jesse Craig, Vice President of Sales at PWCC Marketplace.

"When this card went to the block, we purposefully avoided speculation on a price because this was an important moment for the market to decide on the value of Luka's best trading card."

In 2021, this same Luka card reportedly sold at a private sale for $4.6 million, but PWCC's auction was the first chance bidders had to acquire the commodity on the open market.

Speaking of LBJ ... the all-time record for a basketball trading card is $5.2 million -- which a collector paid in a private sale (not at auction) for an Upper Deck Exquisite LeBron James card.

As for Dončić -- he's again having an MVP-caliber season in Dallas, and it's clear Lukamania isn't going anywhere anytime soon.