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WDKX.com » Blog » Michael Jacksons Glove To Be Auctioned
Dec 11th 2008 6:41 am
Michael Jacksons Glove To Be Auctioned

A number of items belonging to Michael Jackson, including his trademark glove and the gates to his Neverland Ranch, will be auctioned next year with partial proceeds to benefit the Recording Academy charity MusicCares.

The items, along with 2000 more of Jackson's personal possessions, will go on display by Julien's Auctions before the five-day auction begins on April 21, 2009, reports the Associated Press. Bids will be accepted in person and online. The sale is to be broadcast live on Auction Network.

Jackson plans to donate a portion of the sales to MusiCares, a charitable organization founded by the Recording Academy to help musicians in need. The remaining profits will likely go toward paying down his considerable debt.

He went into default on his sprawling Neverland property earlier this year, before an investment company bought the loan. Last month, Jackson's lawyers reached a settlement in a $7 million breach-of-contract case brought by a Bahraini sheik.