The estate of the late Stone Temple Pilots rocker Scott Weiland has brought in just over a million dollars since his passing, which is a good thing … because they’ve had a few debts to pay off.
Weiland’s ex-wife, Mary, filed court documents this week giving the state of affairs of the estate since he died on December 3, 2015. Weiland’s will named her executor of his estate and not Jamie Weiland, Scott’s wife at the time of his passing.
According to court documents obtained by The Blast, Mary states the current estimated value of the estate is $1,979,261.56. She says the estate has taken in $1,054,385.70 in gross royalties so far, for an estimated average annual income of $351,462.
She also says the estate has nearly half a million dollars in cash on hand.
She also states she has worked to settle a lawsuit over damage caused to a tour bus that Scott Weiland leased in the summer of 2013. Mary says a claim against the estate was filed seeking $150,000 in damages but she settled it for $25,000.
Mary also negotiated down another claim, this one by lawyers who represented Weiland in a lawsuit involving Stone Temple Pilots. The lawyers were seeking $52,626 plus interest but settled for $32,000.
Perhaps the biggest possible debt hanging over the estate was a $20,000,000 lawsuit that was filed against Weiland just before he died.
As The Blast first reported, Vice, Inc. — who says they were responsible for putting together the rock supergroup Art of Anarchy — sued Weiland after he openly trashed the group and refused to help promote them … despite being a part of it.
Vice sued Weiland to recover the $230,000 they paid him upfront and asked for an additional $20 million in damages for ruining any chance the album would be successful and for lost revenue for the planned tour and merchandise sales.
According to Mary Weiland, she has been working with Vice to settle the lawsuit and say they have agreed to accept songs written by Scott Weiland as part of his original contract with Vice.
Weiland passed away at the age of 48 after he was found dead in a tour bus in Bloomington, Minnesota, while on tour with the Wildabouts.
His death was later determined to be an accidental overdose of cocaine, ethanol, and MDA.