Is Drake Trying To Get Out On YMCMB Contract? Rapper Reportedly Being Screwed Out Of Millions According To Lawsuit By Jas Prince [PDF File Attached]

 

The man who discovered Drake is suing his management company, claiming that he is being cheated out of his share of royalties. In addition the lawsuit claims that Drake is also being screwed out of money he has earned.

 

James "Jas" Prince, the son of Rap-A-Lot Records CEO J. Prince, filed a lawsuit in Manhattan Supreme Court against Cortez Bryant, Gerald Roberson, Derrick Lawrence and their firms, including Aspire Music Group LLC, Laurant Management and Three Kings. Prince says they have refused to provide an accounting of what he is owed.


The lawsuit states that in or around 2007/2008 Prince discovered Drake on Myspace and introduced him to Lil Wayne, Bryant, Young Money Entertainment and Cash Money Records, Inc. Prince claims that despite an agreement to split the profits associated with Drake's success, he hasn't been paid a dime.

 

The suit also alleges that Drake hasn't been paid either.

 

He hasn’t been paid, and we haven’t been paid,” Prince’s lawyer, James McMillan told the New York Post.

McMillan told the New York Daily News that the companies are hiding behind one man, Ronald Sweeney, who represents both Drake's managers and the record company that pays the royalties.

McMillan says the companies are controlled by Lil Wayne and have sold over 5 million copies of Drake's albums.

 

"It's one big shell game," McMillan said.

 

 

Julia Beverly of Ozone Magazine points out that on page 2 of exhibit F of the lawsuit, Drake's lawyers appear to be attempting to get Drake out of his YMCMB contract.

 

 

 

The PDF file of the lawsuit is attached here.

 

 

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Comment by FOLLOW ME @Jumbodont4getG on July 30, 2012 at 6:45pm
Here are the facts even if this is true Drake will deny it and it's his own damn fault should have just stayed independent like who in there right mind would sign with a label who it notorious for not paying there artists like what a dumb a** on and in my Pusha T voice ...."You signed to one n**** that signed to another n**** That's signed to three n*****, now that's bad luck"
Comment by phucker jenkins on July 30, 2012 at 6:39pm
Bangledesh has said it more than once! The kid that produced lollipop for Wayne has said it, and Drake has said it! Baby ain't paying nobody, including Wayne! Young Money it tied to Cash Money. Cash Money controls everything! If Wayne had the balls to say I'm separating my company, you'd see the REAL DEAL! I'll bet my net worth that Wayne ain't even got $100 million in the bank and he "supposedly" is the CEO of 2 of the largest acts in the world!!!
Comment by BlackEskimo on July 30, 2012 at 6:37pm
Every artist gets jerked in the beginning. Every artist. Even cash money needed help from Wendy Day.
Comment by BlackEskimo on July 30, 2012 at 6:36pm
You signed to one n**** that signed to another n**** That's signed to three n*****, now that's bad luck
Comment by amana on July 30, 2012 at 6:33pm
daammnnn !!!lol bangladesh too
Comment by Swift-o on July 30, 2012 at 6:24pm
"...now that's just bad luck!"
Comment by Jason Nipper on July 30, 2012 at 6:23pm
Ima say it slow for ya... Drake your not from New Orleans, your got screwed by some gangsters who are better at contracts then you. Now let us all know what extortion feels like
Comment by Mookie on July 30, 2012 at 6:19pm
Damn smh
Comment by ELFI on July 30, 2012 at 6:17pm
IF THESE S*** IS TRUTH SON I DONT UNDERSTAND WHEN SOMEBODY GIVES YOU A CHANCE to POP OFF THESE RAP GAME AND PUT YOU ON TOP ONE DAY TO ANOTHER >>AND THEN WHEN THE RAPPER GETS ON THE HIGH HORSE MONEY CHANGE THEMM >>>THE SAME WAY WITH 50 CENT AND THE GAME THE GAME STARTEED TO CRY THAT HE AINT GETTING PAY >>AND B******* LIKE THAT >>>FOR THE RAP GAME TO BE FORREAL >>YOU GOT TO BE LOYAL TO THAT PERSON WHO PUT YOU ON >REAL PEOPLE >>dO REAL THINGS ......M************ CRYING SON >>>
Comment by SMP on July 30, 2012 at 6:12pm
Fa-ggot War, interesting LOL.

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