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"look at his views on all his last videos on you tube. all of them are over 2 million. even his lost tapes downloads were 400,000"
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
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Comment by D Carroll on July 31, 2012 at 10:36am -
You don't f*** with J.Prince or his son when it comes to money.
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Comment by 1THUG aka YOU WET THA BED!! on July 31, 2012 at 9:08am -
if stunna and slim doin dat to droopy drakes...juss imagine what they rippin offa tyga...they prolly pay dat negga tyga royalties in fitted hats and make ya own pizza lunchables!!
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Comment by Streetking on July 31, 2012 at 6:12am -
Are we really suprised by these statements. The only person getting paid is Wayne Baby & Slim. I wonder if Nicki is getting screwed over too. That thing they got over there will fall if it's not being ran right. The only reason they got saved the first time is because Wayne got hot out of nowhere and people got on their dicks again. But they can't pull that s*** twice though, they are done this time.
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Comment by ifr on July 31, 2012 at 5:51am -
PUSHA T!!!!! no wonder lil wayne had to reply cos he was telling the truth!
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Comment by HIP HOP SAVIOUR'S on July 31, 2012 at 4:04am
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COP YOURS TODAY http://ning.it/M4UXtO #ITUNES". PLEASE PASS ON AND VIDEO SINGLE IS ON VEVO @ http://t.co/UMYtLchi.
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COP YOURS TODAY http://ning.it/M4UXtO #ITUNES". PLEASE PASS ON AND VIDEO SINGLE IS ON VEVO @ http://t.co/UMYtLchi
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Comment by Curtis on July 31, 2012 at 3:24am -
He signed to one n**** that sined to another n**** that's signed to three n***** now that's bad luck. Lmao
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YMCMB DON'T PAY NO ONE. LEARN FROM THE ORIGINAL HOT BOYS AND PRODUCER MANNIE FRESH. THEY MADE THEM DUDES LOOK LIKE THEY WERE IN THE WRONG WHEN ALL THE TIME THEY WERE IN THE RIGHT. DRAKE GETTING RAPED LIKE A B**** LIKE PUSHA T SAID.
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Comment by paul on July 31, 2012 at 3:05am -
Good luck with getting out Drake, you'll be Baby's slave for life.
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Comment by Dez DaRealest on July 31, 2012 at 2:57am -
Man, why do people do business with Sheisty a** n*****. YMCMB has been known to f*** people over since The Hot Boys. They've also f***** over Bangledash out of his royalties for the A Milli beat, and once again for the 6'7 beat. Signing with them is like signing with Diddy.
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