Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

Arts and Entertainment Thinks Arnold Schwarzenegger's Penis is Worth $150,000

Stories like these are only possible with your help!
You have the power to keep local news strong for the coming months. Your financial support today keeps our reporters ready to meet the needs of our city. Thank you for investing in your community.

Earlier this week, news broke that one lucky individual discovered a naked picture of Arnold Schwarzenegger in the storage locker of the late Bob Guccione. The photo reportedly showed California's former governor engaging in a sex act.

Now, TMZ reports that a popular adult site -- -- wants to buy the photo, and their starting bid is $150,000.

In a letter addressed to Jeremy Frommer, the financier who bought the storage locker, allegedly got very specific about why they would like to acquire the photo, writing:

"Let's face it. The real value here is in Schwarzenegger's 'Schwanz.'"
Support for LAist comes from

Employees at allegedly haven't even seen the photo yet.

This isn't Schwarzenegger's first foray into scandal. In 2011 it was revealed that he fathered a child with his then-housekeeper while his wife was pregnant. In 2006, he caused an uproar when he described Latinos' and African-Americans' personalities as "hot" because of their "black blood" and "Latino blood." And in 2003, a stuntwoman he once worked with accused him of sexual harassment.

Frommer, for his part, is the CEO of JAJ Holding's LLC, a rental property management company based in Chicago. It's not clear whether he's considering's offer or not.