Damn. This sucks, it’s so low,” Billy McFarland, the notorious festival's original organizer, said of the bid.

What was once billed as the greatest luxury music festival of all time has just been sold on the same site that people use to buy used home decor.

Unfortunately for McFarland, his plan to monetize the Fyre Festival name is barely going to put a dent in what he owes. The auction, which ended Tuesday morning, received 175 bids and ultimately sold for $245,