According to reports, Michael demanded over $100,000 for the audiotapes of Lindsay and her mother Dina Lohan sobbing to him in various voice mails.
New York Post's Page Six reports Michael demanded $100K for the tapes, and when he couldn't get that much for them, he eventually released them for free to RadarOnline.com, but was paid for a subsequent interview.
A source tells the publication, "Michael initially asked for a large fee - six figures - for the tapes of Lindsay and Dina, but he didn't get any takers.
"Radar Online also refused to pay for the tapes, so in the end he agreed to a deal to release the recordings for no fee, but giving him the exposure he needs with a paid interview."
Someone give this guy a trophy for Father of the Year. No wonder Lindsay is such a mess. She doesn't just need a trip to rehab, she needs new parents.