What does “pay good money for” mean?

used to emphasize that sth cost (s) a lot of money, especially if the money is wasted

How is “pay good money for” used?

In Gladiator (2000), one line is: “I did not pay good money for you for your company.”

The clip at the top of this page is from Gladiator (2000).

I did not pay good money for you for your company.

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