Desperate Dean McDermott Charging $25 For New Boxing Class: 'Punch Me In The Face!'

Dean McDermott is desperate for money! As RadarOnline.com has learned, the Canadian actor is now hosting a cheap boxing class to get his hands on some quick cash!

"I'm excited to announce my new Boxing/Sparring class February 11th at noon called The Lunch Punch at Tapout fitness in Woodland Hills," wrote McDermott, 52, next to a video of him punching a punching bag inside the gym.

In the clip, the Kiss The Bride star revealed he will be charging $25 a person for the 75-minute class.

RadarOnline.com readers know McDermott has been out of a job for quite some time now. He and wife Tori Spelling have tried just about everything to get out of their money troubles, and recently, the actress finally secured a spot on the 90210 reboot!

Her recent success is what likely prompted the dad-of-six to seek a gig of his own, not to mention the fact that Spelling, 45, threatened to leave him if he didn't.

Earlier this month, RadarOnline.com exclusively reported Spelling gave her husband an ultimatum, telling him to either start bringing in the money, or get out.

Tori thinks Dean is past his prime so he should look at other ways for a stable paycheck," said the source, who noted McDermott's "been doing some stuff in construction and going after any kind of work as an actor."

Reader recall American Express Centurion Bank filed a write of execution order on January 4 asking the Los Angeles County Sheriff's Department to take possession of $88,246.55 that the couple still owes. And while Spelling was doing everything she could to get her and her hubby out of debt, McDermott was not helping!