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: 77

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




Upcoming Releases

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

Shilee AKA Hip Hops FEMME FATALE commented on ChasinDatPaper's blog post Joe Budden Believes Meek Mill's Behavior Since Hooking Up With Nicki Minaj Is "Sappy F*ck Sh!t" (Audio) *UPDATE* Meek & Joe Trade Twitter Jabs
"It's only a problem when a black man is showing affection to a black WOMAN! This niglet Joe don proposed to a Dominican on live TV and got curved like the lame a*** clown that he is! SideNote: I don't give a dame about any of them, but…"
9 minutes ago
ChasinDatPaper's 3 blog posts were featured
11 minutes ago
Rell Smalls posted a blog post
21 minutes ago
Rell Smalls updated their profile
32 minutes ago
Young Highwolf commented on ChasinDatPaper's blog post Joe Budden Believes Meek Mill's Behavior Since Hooking Up With Nicki Minaj Is "Sappy F*ck Sh!t" (Audio) *UPDATE* Meek & Joe Trade Twitter Jabs
"@Lil grimey u said meek n drake bout to have a girls night out lmfao..meek was actin funny tho"
33 minutes ago
ANY.HUSTLE commented on ChasinDatPaper's blog post Joe Budden Believes Meek Mill's Behavior Since Hooking Up With Nicki Minaj Is "Sappy F*ck Sh!t" (Audio) *UPDATE* Meek & Joe Trade Twitter Jabs
"Meek on Interviews talking about can't believe he waking up and seeing Nicki there. Thats some sucker boy s***, type s*** where he only was able to get the flyest chicks when he had money because his wordplay was weak. Buddens, say the same…"
38 minutes ago
Simplify commented on ChasinDatPaper's blog post Joe Budden Believes Meek Mill's Behavior Since Hooking Up With Nicki Minaj Is "Sappy F*ck Sh!t" (Audio) *UPDATE* Meek & Joe Trade Twitter Jabs
"Ah Twitter, where the gangstas go to beef lol smh"
40 minutes ago
ANY.HUSTLE commented on ChasinDatPaper's blog post Joe Budden Believes Meek Mill's Behavior Since Hooking Up With Nicki Minaj Is "Sappy F*ck Sh!t" (Audio) *UPDATE* Meek & Joe Trade Twitter Jabs
"Nothing about growing balls Crow - you play your position or get positioned! Any real person knows and understands the repercussions of f****** around with a Gorilla and 5TH's a f****** Gorilla!"
41 minutes ago

© 2015   Created by 50 Cent.

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

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service | Privacy Policy