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Will the Velvet Underground reunite next?

I dunno, but if the New York Post is to be believed, VU's bassist John Cale owes our friends from the IRS over $150K. In an article titled "From the 'A' List to the Owe List" they report:

Some well-known musicians also failed to pay the piper, records show.

Classical pianist and composer Andre Previn, who won four Oscars for scoring movies including "Gigi" and "My Fair Lady," owes $30,938, according to a warrant filed in September.

"Free jazz" pioneer Ornette Coleman, awarded the Pulitzer Prize for music this year, was put on the hook for $7,814 in July. And rocker John Cale of the influential '60s band The Velvet Underground owes $157,743 according to six warrants filed between 1998 and 2003.

Even though guitarist Sterling Morrison has been dead for over a decade (and unique chanteuse Nico for almost two), nothing screams "cash-in quick on the nostalgia" quite like a six-figure tax bill and the threat of foreclosure.

C'mon Lou, help a brother out. Sales for The Raven couldn't have been that good, right?

Tip o' the hat to Idolator.

categories: Esquivel | The Velvet Underground
1

Tim Hanken said on November 21, 2007:

I love tax time because it always comes hand in hand with reunion tour time.

2

cosby said on November 21, 2007:

i don't know if reed and cale like each other enough for a reunion, reed is not hurting for money. maybe cale, like ray manzarek, can start a cover band of the band he used to be in - that can never go wrong. maybe cale could get another surviving velvet to go with him - doug yule, where you at?

3

shane said on November 21, 2007:

I suddenly feel like a solo-piano tour and the release of "fragments of a rainy season 2" is in store for our dear Mr. Cale. Time to fire the backing band!

4

The Grim said on November 22, 2007:

Mo Tucker can't be rolling in money or busy "drumming" anywhere else. She could stop riding the pines with Yule.

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