McGangsta McGangsta

First the fat boys break up, then Isis gets booted off Americas Next Top Model, now Ed McMahon is a rapper. This can’t be life.

Ed McMahon has an unexpected new job title: rapper.

The 85-year-old former “Tonight Show” sidekick will star in two viral rap videos for FreeCreditReport.com, a financial Web site owned by credit bureau Experian. The videos feature McMahon wearing a tracksuit, being chauffeured around Los Angeles in a Cadillac Escalade golf cart and waxing lyrical about his very public financial troubles.

“I knew I could sing the blues, but I didn’t know I could rap,” McMahon said Wednesday.

The videos will appear online in October.

Charles Harris, FreeCreditReport.com’s vice president of strategic marketing, said the company sought out McMahon to star in the humorous spots after seeing him openly discuss his finances on “Larry King Live.” Harris said McMahon represents “a man who is taking charge.”

In the first video, McMahon — who once pitched the American Family Publishing sweepstakes — and a bodyguard are cruising through a neighborhood looking for sweepstakes winners to ask for some money back, but McMahon doesn’t actually go through with it. In the second spot, McMahon dons a new suit after undergoing a financial and emotional makeover.

“When I retired, I was famous,” McMahon raps in the video. “I had money and glory/I bought a house for 6 mill/I thought nothing could touch me/Until my credit went south, and debt started to crunch me/Next thing I know, instead of playing gin rummy, I was scrambling just to make ends meet/It wasn’t funny.”