Ed McMahon has died at the age of 86 after a battle with bone cancer, and a recent hospitalization for pneumonia.

McMahon did two tours as a United States Marine, but was best known as the sidekick to Johnny Carson on the Tonight Show from 1962 to 1992.

In recent years McMahon had suffered money issues, but now those problems are left to his wife Pam McMahon. We’re sure Ed left Pam well taken care of.

Ed McMahon (86) has been hospitalized in the Intensive Care Unit (ICU) for almost a month now with pneumonia, and he’s just been diagnosed with bone cancer. Now it makes sense that it’s taken forever, and so many surgeries to heal his broken neck.

Stay strong Ed. Get well soon.

A private buyer has agreed to purchase the home of Ed McMahon. The selling price, and the name of the purchaser, will not be disclosed, because the buyer wants confidentiality. Donald Trump issued this statement:

"…The other buyer has signed a purchase agreement….subject to many contingencies including but not limited to a mortgage contingency. Mr. Trump clearly would not need a mortgage and would be capable of closing this transaction immediately. If the other buyer should be successful in this bid, Mr. Trump truly hopes that they do the right thing by Ed McMahon and not have this 85-year-old American icon removed from the property."

Howard Bragman, McMahon’s spokesman, said McMahon and his wife, Pamela, will move out of the home when the sale is complete.

The sale of his home must be a huge relief for Ed. Hopefully he’ll be able to resolve his many other debt related lawsuits as well.

Donald Trump will purchase Ed McMahon’s (85) home in Beverly Hills, and lease it to Ed so he has a place to live. Trump said recently:

"When I was at the Wharton School of Business I’d watch him every night. How could this happen?"

Most reports blame Ed’s wife for spending Ed out of a house.

McMahon’s spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through.

McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend, down from a peak price of $7 million.

It’s a buyer’s market.

When Ed made his financial problems public, this is the kind of help he was hoping to get.

Ed McMahon can’t catch a break these days thanks to his big spending wife Pamela McMahon. Mickey Fine Pharmacy of Beverly Hills, filed a lawsuit last Friday in L.A. County Superior Court. The Pharmacy says McMahon owes them about $8200.

Pamela needs to get a job, and start helping pay off the debt she helped to create.