He may have been earning the mega bucks when he was on Two and a Half Men, but it seems Charlie Sheen may have fallen on hard times.
The 50-year-old father of five has cited financial trouble as a reason for drastically cutting down his child support payments to his ex-wives Brooke Mueller and Denise Richards.
According to TMZ, the actor has reached a financial agreement with both Brooke and Denise to slash the payments from about $55,000 USD a month to about $25,000 USD a month.
Apparently the exes agreed to the dramatic reduction in payments as they feared if Charlie applied for it in court, a judge would reduce them to $10,000 USD or less.
Charlie is apparently undergoing significant financial hardship and is now earning next to nothing, according to the publication.
As part of the deal, Charlie reportedly also agreed to give Brooke some real estate and to do a new show starring alongside Denise.
The Anger Management actor is reportedly liquidating his assets due to a few ongoing legal claims.
Watch Charlie’s shock admission about his HIV status in the clip below.