Farrah Fawcett and Ryan O'Neal, inset painting by Andy Warhol

A high-profile legal battle is brewing over a portrait of Farrah Fawcett, the Today show reports.

Andy Warhol reportedly painted two silkscreen portraits of the late Charlie's Angels actress, and actor Ryan O'Neal claims that one belongs to him. The University of Texas, however, contends that Fawcett gave any works of art she owned to the school in her living trust.

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O'Neal, who had an on-again, off-again romance with Fawcett for more than 30 years, claims that the university is "greedily trying to take his cherished portrait of the love of his life." The portrait is estimated to be worth $30 million.

Watch the Today show report for details on how the supposed mix-up happened:

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