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In page Michael Nesmith:

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Nesmith's last contractual Monkees commitment was a commercial for Kool-Aid and Nerf balls in April 1970 (fittingly, the spot ends with Nesmith frowning and saying, "Enerf's enerf!"). As the band's sales declined, Nesmith asked to be released from his contract, despite it costing him: "I had three years left ... at $150,000 [equivalent to $1.16 million in 2022] a year."[citation needed] He remained in a financial bind until 1980, when he received his inheritance from his mother's estate. In a 1980 interview with Playboy, he said of that time: "I had to start telling little tales to the tax man while they were putting tags on the furniture."[citation needed]