Bow Wow Can’t Afford His Ferrari Payments

Rapper Bow Wow is behind on his Ferrari payments. So far, in fact, that Leasing company B&W won a judgment against him for a staggering $216,084 in a recent lawsuit. Not only that, Bow Wow recently cried poverty to a child custody judge, saying that he was only making a paltry $4k a month – that’s only $50k a year! Luckily for him, he just got the role to host 106th & Park. I don’t know what that kind of gig pays, but hopefully it’s enough for him to keep from to pay off his lawsuit! [TMZ]