Nick Cannon Says His 'Balls' Are His 'Most Valuable Asset' After Insuring Them For $10 Million

Nick Cannon, father of 12, has pulled many off-the-wall stunts that took the public by surprise. However, the time he insured his testicles for $10 million in 2024 has to take the cake.

At the time, "The Masked Singer" host doubled down on his decision to protect his jewels by saying he was safeguarding his family's future.

Now, in a new interview with Raven Symoné and her wife Miranda, Nick Cannon shared more about his choice to take out a hefty policy on his man parts and said he did it because they're the most "valuable" part about him.

For those who may not have been aware of Cannon's previous move to cover his testicles, the Hollywood performer shared more details about his decision in 2024 after meeting with Dr. Squatch.

Cannon used the company's Ball Valuation Tool, which evaluated the value of the actor's testicles based on size, favorite features, and bedroom performance. After the scan, the tool awarded him a $10 million valuation, which also earned him the title of "Most Valuable Balls."

After the news of Cannon's stunt broke the internet, many chimed in and told the "Drumline" star it was time for him to throw in the bedroom towel. However, he was unfazed by the feedback.

“Haters say it’s time for me to stop having kids and put this super sperm to rest, but I’m doubling down on these valuable balls and my future kids,” Cannon said.

On the "Tea Time with Raven & Miranda" podcast, Cannon shared more about his decision to make such a bold move with Dr. Squatch.

“It started off like, ‘Yo, this would be a good joke,’ but we really went through with it,” he explained.

He went on to say that the male grooming company, known for their manscaping tools, inspired him to sign on the dotted line after seeing many celebrity women take out policies on their legs in case something went wrong.

After Cannon was asked about his "most valuable asset," he replied, "My balls!"

“I got the insurance policy in my office. It's legit,” he assured listeners, noting that each ball is insured for $5 million.

“If I happen to lose one, all the money goes to my kids,” Cannon said of his dozen children.

Later, Cannon's conversation with Symoné shifted to the topic of more children. Although he currently has a dozen with six different women, Cannon isn't sure he's done just yet.

“I love the baby stage,” he said. “Baby to toddler. So fun. Because 3 year olds, those are the three-nagers. They think they know everything.”

He shared a similar sentiment earlier this year when he revealed he was leaving the possibility of having more kids in the Lord's hands.

He also admitted that although he's open to the idea, he's not rushing to produce any more babies anytime soon.

"I'm having so much fun in this space right now, and the way my bank account is set up, I'm going to press hold on this 12 for right now," he joked.

Cannon also touched on his oldest children, Monroe and Moroccan, whom he shares with the superstar singer Mariah Carey, during his chat with Symoné.

“Those my homies,” the "Wild 'N Out" star said about his teenagers, who recently celebrated their 14th birthday and have nicknamed him "Cringe Cannon."

“We hang out, went to the movies this weekend and Raising Canes," he continued. "I'm just the guy with the license.”

While Cannon is open to letting his children join him and their mother under the bright lights of Hollywood, they'll have to be guided by him at the beginning.

“As the father, I kinda know, I've been here, so I'm never gonna let an agent take advantage of you,” he explained. “I'm never gonna allow you to be on set by yourself, like, because this is my world. There is some nepotism that's gonna take place that, like, this is the family business.”