Rapper 50 Cent recently took a 30 percent loss on a Connecticut mansion he sold for $2.9 million after he bought the mansion from Mike Tyson back in 2003 for $4.1 million.
Jennifer Leah, a real estate agent at Douglas Elliman, originally confirmed the deal had taken place.
The sprawling 50,000 square foot mansion in Farmington saw an 84% drop in asking price after being put on the market back in 2007 for $14.5 million. Since 2007, 50 Cent cut the asking price for the property at least five times.
The property is one of a kind for the area, in which the median sale price for houses are a modest $301,600 in comparison The purchase of the home by 50 Cent from boxer Mike Tyson is still a record for the most expensive home sold in Farmington.
50 Cent, whose real name is Curtis James Jackson III, filed for bankruptcy back in 2015 after accruing $36 million in debt.