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He won a $23 million lawsuit:

"Nash Bridges" was to "Sonny Crocket" as "T. J Hooker" was to Kirk - not the role for which he'll be remembered by posterity, pethaps. But if he's owed money, he deserves it - especially since his finances seem peculiar:

Don't you hate when you have less than a day to come up with 14.5 million dollars? Me, I start by looking behind the sofa cushions, just to get it out of the way. Wikipedia also notes:

What that was all about, we may never know, but for now, he's closer to payday. This sort of accounting isn't unusual, by the way - Deadline reported the other day that the second Harry Potter movie grossed $938 million - and their funky Hollywood magical accounting still says it's still in the red. Which may explain why Philip Michael Thomas turned down the role of Voldemort.