Sly From Sly and the Family Stone Lives in His Van…on a street in Crenshaw??

One of the father’s of funk is now homeless and penniless.  WTF!

Sly, from “Sly and the family Stone” is living in his van in L.A.

Your thinking….That was the 70’s, maybe they didn’t make a lot of money back then…Wrong.  Sly had two mansions in Cali, one in Beverly Hills and one in Napa Valley.

Sly has fallen victim to all three of the biggest culprits of rock and roll success:

  1. Drugs
  2. Mismanagement of Money
  3. Living an excessive lifestyle

The New York Post interviewed the former rocker.  He described his current living situation:

‘I like my small camper, I just do not want to return to a fixed home. I cannot stand being in one place. I must keep moving.’

He’s actually living in the neighborhood where Boyz in Da Hood was filmed.  Deep in Crenshaw.  A retired couple that lives on the street helps him eat and let’s Sly use their shower daily.

He’s not crazy, he realizes he is poor and that he was once one of the biggest stars of all time.  He says he would love to perform again and he is in the process of suing his former business partner.

‘My music is a format that will encourage you to have a song you won’t forget. That’s why I got so much money, that there are so many people around, and that’s why I am in court. Millions of dollars!’

‘But now please tell everybody, please, to give me a job, play my music. I’m tired of all this s–t, man,’

At 68, he’s past the touring age, but I’m sure he could be a consultant for someone or do some Vegas shows.  Who gets the money from his website?  http://www.slystonemusic.com  Jerry Goldstein, along with anything else that has the “Sly and the family Stone” trademark on it.

Stone filed suit against his former manager Jerry Goldstein, for $50 million in January 2010. The suit claims that Goldstein used fraudulent practices to convince him to deliver the rights to his songs to Goldstein. In the suit, he makes the same claim about the Sly and the Family Stone trademark.  Basically Goldstein tricked him into signing over all his rights.

Even if they settle out of court for 1/50th the amount, Sly could be a millionaire again.  He can live on my block until then.

-Cosmo

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