Floyd Mayweather Jr Stands To Lose $600,000 In Lawsuit Over Philly Rapper Freck Billionaire


Boxer Floyd "Money" Mayweather Jr is being sued for allegedly stealing a rapper who was already under contract.

Floyd signed Philadelphia rapper Freck Billionaire to his Philthy Rich Records imprint in 2008.

At the time Floyd says he asked Freck if he was under any type of recording contract with anyone else and was told no.

Enter Just For You Entertainment, a Long Island Management firm that is suing Floyd for interfering with their previous relationship with Freck.

Just For You filed the lawsuit in November 2009 and because Floyd hasn't responded they are seeking a default judgement of $155,000 which will cover their out of pocket expenses on Freck. Including studio time and living expenses for the rapper, as well as child support the rap star owed.

They also seek $600,000 in additional damages.

There's no love lost between Floyd and Freck who have been sending shots at each other via the media.

Floyd spoke to Allhiphop in 2009 and had this to say:

"We were working with an artist named Freck Billionaire. When he came aboard we asked if he had any contracts and he said no. Come to find out he was signed with somebody. The guy was trying to sue us and Freck stole one of our watches and left. So we’ve been looking for Freck Billionaire but he’s been ducking and dodging us. He stole a diamond watch and left."

In response Freck, who is a part of Fabolous' Street Fam recorded a diss track titled "39-1" and told AllHipHop.

"Since you really at the bottom of your heart don't wanna see anyone around you with anything, I'll send a courier to you with my watch. Maybe you can use it to lure in your next victim,"

In the end I doubt Floyd is too worried about the lawsuit. He's set to fight Sugar Shane Mosley on May 1 for a huge multi-million dollar payday.

Check out Freck's diss track below

Follow Me @ChasinMoPaper



Freck Billionaire "39-1" (Floyd Mayweather Jr Diss)

Views: 79

Tags: $600, 000, billionaire, floyd, freck, in, jr, lawsuit, lose, mayweather, More…over, philly, rapper, stands, to

Comment

You need to be a member of ThisIs50.com to add comments!

Join ThisIs50.com




Members

 


Example Searches:
music, girls, Bentley

Latest Activity

Nsc commented on CMLapse Ent.'s video
Thumbnail

Verletta - Same Thang

"DOPE GIRL KEEP DOING YOU THIZZLE"
18 minutes ago
Nsc liked CMLapse Ent.'s video
19 minutes ago
Jay Harris liked ChasinDatPaper's blog post Rachel Ray Loses It When She Realizes 50 Cent Is Her Mystery Guest, Says He's Her Biggest Crush. He Talks About Being Starstruck By Meryl Streep, Being A Miley Cyrus Fan & More (Video)
33 minutes ago
NatashaG posted a status
"“You never regret being kind.” —Nicole Shepherd"
37 minutes ago
Rpj23 commented on ChasinDatPaper's blog post Ghostface Killah Clowns Martin Shkreli For Price Hike Of The Drug Daraprim & Dissing Him *UPDATE* Shkreli Reacts. Ghost Talks To Fox News "He Has No Respect For Life" (Video)
"If shkreli is honestly charging people 750 out of pocket that's different and then I'm against him. But if he's doing it just to make insurance companies pay more then so be it."
43 minutes ago
Rpj23 commented on ChasinDatPaper's blog post Ghostface Killah Clowns Martin Shkreli For Price Hike Of The Drug Daraprim & Dissing Him *UPDATE* Shkreli Reacts. Ghost Talks To Fox News "He Has No Respect For Life" (Video)
"I understand what ghost is saying BUT didn't Martin say that if you couldn't afford this or you didn't have insurance to cover it that you could get it for free?!? Whether or not that's true idk, but if that is true why would…"
44 minutes ago
HD commented on G-Unit Promotions's blog post Will Smith talks 'Bad Boys 3' and 'Parenting' [Video]
"The interviewer is great and unique."
1 hour ago
john smith liked G-Unit Promotions's blog post Charlamagne Gives Rudy Giuliani 'Donkey Of The Day' For Criticism of Beyonce Performance + Video
2 hours ago

© 2016   Created by 50 Cent.   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service | Privacy Policy