Art Industry News: John Oliver Bought Russell Crowe's Unmentionables at Auction + More Must-Read Stories UPDATED: Anchorage Blockbuster store working out details of Russell Crowe memorabilia John Oliver bought Russell Crowe's leather jockstrap — and he wants it to go to a Blockbuster Russell Crowe movie jockstrap gifted to Alaska Blockbuster John Oliver believes Russell Crowe's jockstrap can save one of the last Blockbuster stores

Watch John Oliver Answer Cardi B's Tax Rant About 'Motherf--king Money'

Many large and profitable companies don’t pay taxes at all and will go to impressive lengths to avoid them. TIME may receive compensation for some links to products and services on this website. People had speculated that Oliver , whose show has established a reputation for outlandish purchases and big public acts , might be behind the eye-popping figure for the garment. Offers may be subject to change without notice.

John Oliver offers movie memorabilia to Anchorage Blockbuster

John Oliver of HBO's "Last Week Tonight" is trying to give one of the remaining Blockbuster Video locations in Alaska a little help in drawing customers. Oliver reluctantly admitted to spending 10 times the auction house’s estimate for the leather support garment. That includes moving their corporate headquarters to Panama, in a move Oliver called “the Panama Scoot,” to take advantage of their low tax rate.

John Oliver buys Russell Crowe's jockstrap for Alaskan Blockbuster store

Comedian reveals he paid A$80,000 at auction for memorabilia which he plans to donate to struggling video shop

Quotes delayed at least 15 minutes. The bad news is, we didn't do it," Oliver said. "We did though. Oliver's show Sunday night featured a segment on the closure of multiple Blockbusters in Alaska, the Anchorage television station KTUU reported . Oliver revealed he bought all the memorabilia to send to one of the last remaining Blockbuster video rental stores in hopes that it would help attract business and keep the store open.

John Oliver Buys $7000 Jockstrap to Help Last Alaska Blockbuster Video

John Oliver's 'Last Week Tonight' has offered several movie props, including the jockstrap Russell Crowe wore in Cinderella Man, to help Blockbuster.

If only there were a fun, movie-themed way for them to draw people in,” Oliver offered. Hey, @blockbuster ! Market data provided by Interactive Data . We absolutely did," he said, moments later. You know, buy Russell Crowe's jockstrap and send it to one of the last remaining Blockbusters in Alaska. Oliver made a plea at the end of the show: “To the manager of the only remaining Blockbuster in Anchorage, Alaska … all of this s*** is yours.