CAGE REDUCES PRICE OF HOLLYWOOD HOME BY HALF
NICOLAS CAGE has slashed the value of his Hollywood mansion - relisting the property at half of his original $35 million (£23.3 million) asking price.
The Leaving Las Vegas star first put his Bel Air home on the market in 2007, but the house failed to attract potential buyers with its hefty price tag.
Two years on, Cage is still struggling to off-load the estate formerly owned by Dean Martin and singer Tom Jones - so he’s revalued it at $17.5 million (£11.67 million), according to RadarOnline.com.
Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)
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