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Johnny Depp reportedly fired his longterm agent Tracey Jacobs in October as he could no longer afford her commission fees.

Page Six reports that the Golden Globe winner left his manager of three decades at UTA and signed with rival company CAA because they offered lower rates.
A source told the site: 'Depp told Jacobs and UTA he no longer wanted to pay their commissions. But they pushed back. Another insider added that CAA were 'sensitive' to his financial situation upon signing him.

They continued: 'He was with Tracey Jacobs for a gajillion years — their relationship had run its course.' When Depp left UTA in October, a company spokesperson announced: 'We had a great 30-year run with Johnny and we wish him well.' MailOnline have contacted representatives for Depp and Jacobs for comment.  The reports come as Depp's extravagant spending has been highlighted in a bitter lawsuit with his ex-management.

However, the star has been firing back at his former management team over their claims his financial woes are all his fault, according to a statement by Depp’s attorney, Adam Waldman reports People on Thursday.  The star - who is said to spend an astonishing $30,000 a month on wine, $300,000 a month maintaining a team of 40 staff and $200,000 a month on private planes - said his former business team, The Management Group (TMG) are 'blaming the victim.'

According to the publication the Pirates of the Caribbean star's lawyer said that TMG 'have chosen to employ a reprehensible "blame the victim" strategy in a transparent attempt to save their own skin and deflect away from their malfeasance, which is chronicled in Mr. Depp’s 48 page complaint.' The statement continues: 'Mr. Depp did not sue his former business managers for his own personal investment decisions or the "financial distress" they wildly allege - Mr. Depp sued them for fraud and multiple breaches of their fiduciary duty, among other claims.'

Waldman adds: 'Gaslighting the public with global press releases will not save the defendants in court from their gross misconduct set forth in the complaint.'  

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