Actor Faizon Love informed a family court judge this week that while he lacks the liquid capital to cover his massive child support bill to Tiffany Lee, he is prepared to offer her an executive producer credit and a share of the first-dollar gross on a hypothetical action vehicle.
The veteran comedic actor, whose historic domestic grosses include attachments to New Line's "Friday" and "Elf," filed documents earlier this year claiming complete unemployment and zero monthly income. However, Love stressed to the court that his lack of traditional liquidity is merely a strategic pivot toward independent financing, proposing that his unpaid child support be restructured as a three-picture overall deal.
According to court transcripts obtained by the trades, Love attempted to satisfy the arrears by offering Lee exclusive domestic streaming rights to his future alimony checks following a standard 90-day theatrical window. The proposed term sheet also included an option for Lee to serve as a non-writing co-creator on his next unscripted venture, provided she drop the contempt of court charges. Sources familiar with the proceedings indicate the judge quickly passed on the package, citing a lack of attached international distributors.
The bench simply didn't understand the comps we were bringing into the room.
Love was subsequently arrested for contempt of court after failing to provide proof of funds, a move his camp has characterized as a temporary halt in pre-production. Despite the setback, industry insiders confirm the actor is already taking general meetings from his holding cell and remains confident he can greenlight a cash payment by Q4, pending matching funds from an unnamed European co-financier.