Michael Jackson is Selling "Billy Jean" Gloves

"The King of Pop" to Sell Famous Glittery Glove. Michael Jackson's glittery glove is going on the auction block. The glove, which inspired countless copycats, quips and Halloween costumes after it was unveiled in the 1983 video for Jackson's hit "Billie Jean," will be part of a five-day auction next year, Julien's Auctions announced Wednesday.

"The King of Pop" is also unloading the grandiose gates that once led to his Neverland Ranch, along with more than "two thousand" other personal items.

Michael Jackson's possessions will be on display before the auction begins on April 21. Bids will be accepted either in person and online. The sale is to be broadcast live on Auction Network.

Jackson plans to donate a portion of the proceeds to MusiCares, a charitable organization founded by the Recording Academy to help musicians in need.

The singer has been plagued by financial woes since he was acquitted of child-molestation charges in 2003. He went into default on his sprawling Neverland property earlier this year, before an investment company bought the loan. Last month, Jackson's lawyers reached a settlement in a $7 million breach-of-contract case brought by a Bahraini sheik.