50 Cent drops price of Farmington mansion to $5.9 million

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FARMINGTON – Rapper 50 Cent slashed the price of his Farmington mansion once again after a bankruptcy judge approved a plan to reorganize his finances.

According to Zillow, the hip-hop mogul cut the asking price of his 50 Poplar Hill Drive home to $5.995 million on Monday.

It was dropped by $2.5 million.

50 Cent, whose real name is Curtis Jackson, III filed for bankruptcy last year.

Earlier this month, Jackson appeared in bankruptcy court in Hartford.  A judge approved a plan for him to reorganize his finances and pay back creditors.

Jackson will make a $7.4 million payment to begin the plan, according to The Hartford Courant.

A condition of the approval requires that up to $6 million of the property’s sale go to the settlement.

The 21-bed, 35-bathroom property was listed at $8.5 million last October.

The rapper and businessman originally tried to sell the mansion for $18.5 million in 2007.