The Hoff Pays Up

Tue., Aug. 15, 2006 4:40 PM PDT by Natalie Finn

While we don't know just how lucrative David Hasselhoff's Baywatch deal was, it left him with enough to pay the Orkin Man, at least.

An as yet-undetermined amount of community property that the Hoff shares with ex-wife Pamela Bach will pay for pest control, veterinary bills, car lease payments and their other monthly expenses until the court officially discerns at a later date just what belongs to whom and who is owed what, according to court documents obtained by E! News.

Bach and Hasselhoff will also each collect $27,000 this month from their joint financial holdings for "miscellaneous" expenses. Additionally, the community funds will cover the mortgage on the family's Encino home where Bach lives with the pair's two daughters, as well as the $10,900 rent Hasselhoff is paying for wherever he's shacking up these days.

Private school tuition ($37,390); lease payments for a Mercedes Benz ($1,333.97), a Cadillac Escalade and a Land Rover ($1,125.75); utilities, gardening ($740) and Verizon Wireless ($348.08) bills; and Hasselhoff's rental insurance will all be paid out of the shared property, as well.

And we mustn't forget the lawyers who are responsible for filing all of this detailed paperwork. Hasselhoff and Bach's legal camps were treated to $50,000 apiece. The pair's divorce became final July 26 after months of bitter accusations, indignant denials and a custody battle that ended in May with the court awarding the parents joint custody of 16-year-old Taylor and 12-year-old Hayley. The financial details were contained in documents submitted to the court Monday.

While Hasselhoff apparently has more than enough in the bank to keep his broken home running smoothly for the rest of the summer, he'll probably want to hold off on shelling out $5 million for the rap lessons that Law & Order: SVU star Ice-T offered him last week.

"A British interviewer was talking to me," the gangsta rapper-turned-actor said, per In Touch magazine. "He said, 'Ice-T, you're so cool, you could probably make anybody rap.' I'm like, 'Yeah, for enough money. For $5 million, I'll have David Hasselhoff rapping like Jay-Z.' It was just a joke, but the offer still stands."

Meanwhile, when the first installment of America's Got Talent winds down Wednesday, Rappin' Granny still has a chance to show the Hoff a thing or two. The NBC series is set to finish off strong, having attracted 9.7 million viewers to last week's Wednesday performance show. Another 8.5 million tuned in for eliminations on Thursday.