Jay Z, Chief Keef Top HipHopWired's Multi-Million Dollar Label Deals List

A$AP Rocky also had one of the largest deals named in HipHopWired's list.

Chris Miles garnered attention last month after signing a deal with Warner/Chappell that could land him more than $1.5 million plus royalties in five albums.

That figure was compared to a series of other recent deals in “9 Multi-Million Dollar Label Deals In Hip Hop” list compiled by HipHopWired.

Jay Z had the most lucrative contract named in the story, checking in with the $150 million deal he signed in 2008 with Live Nation.

Chief Keef’s $6 million deal with Interscope Records was the second-highest deal cited. 

Another pact of note was A$AP Rocky’s $3 million deal with Polo Grounds Music, which is under the RCA Records umbrella.

For additional Jay Z coverage, watch the following DX Daily:

 

37 Comments

  • M

    Chief Keef should be paying his listeners from that contract to hear that garbage he puts out...

  • Anonymous

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  • Anonymous

    "Chief Keef signed a three-album contract and a separate deal to control his own record label with Interscope Records that could pay the South Side gangster rapper more than $6 million over three years. A split of future royalties could make for an even bigger payday, according to court papers." "Interscope agreed to pay Chief Keef a $440,000 advance half up front and half after a judge signs off on the deal that will be deposited in a court-administered trust fund on his behalf, according to court papers. The so-called "blocked trust" is controlled by Chief Keef's legal guardian, his grandmother, Margaret Carter. Withdrawals typically are prohibited from block trusts until a minor turns 18. Chief Keef who currently is locked up in juvenile detention for 60 days also received at least $300,000 to cover the cost of recording "Finally Rich," which sold 50,000 copies during the first week it was released in December. Chief Keef's deals all depend on album sales. If "Finally Rich" doesn't sell at least 250,000 albums by December 2013, Interscope has the right to pull the plug on subsequent album releases two albums and a compilation of hits, according to the deal. In a separate three-year deal to establish Chief Keef's record label "Glory Boyz Entertainment" GBE for short Interscope Records forked over another $440,000 advance. That agreement calls for both Chief Keef and his manager, Rovan Manuel, to each be paid $180,000. The deal calls for 15 percent of Chief Keef's advance to be put in his trust fund, according to court papers. The GBE operating agreement calls for Chief Keef and Manuel to each own 40 percent of the record label, a subsidiary of Interscope. Derrick Coleman, who raps under the name Fredo Santana, was paid a $40,000 advance and received 10 percent interest in the label. Chief Keef's uncle, Alonzo Carter, and Anthony H. Dade also each hold 5 percent ownership of GBE, according to court papers. The contract also calls for Interscope to pay GBE $200,000 for "overhead" expenses, which include office, travel, entertainment and "salary cost" and additional money for marketing, according to the contract. GBE and Interscope will split profits equally. Interscope Records, however, can terminate the Glory Boyz deal if losses exceed $4.5 million, according to the contract." See guys it's a 3 album deal and it says he COULD pay him more than 6 million, in a perfect world where he didnt flop and lose all his buzz by going to juvie and crying. Plus I know for a fact he was only at around 200k in December so they could drop him any day.

    • Anonymous

      CHIEF KEEF - Finally Rich : 272,000 and it took him MORE than a year to sell 250k... so hes no where close to being gold you crack baby

    • broke boys

      Nah ***Chief keef voice*** it took him a year to sell 250k hes probably at 300k now for all the hype he had 2 years ago those numbers are terrible

    • Anonymous

      Finally Rich Went Gold....Sucks For U Huh

  • Anonymous

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  • Anonymous

    You want to own your masters and your publishing, you need to make sure you are herring the right points/royalties off your album or else that upfront money won't mean shit when you sell some major units or drop a major hit.

  • kanes

    LOVE SOSA....FUCK BROKETOP

  • theReal?

    get off chief keef dick got damn....even if he was worth 6 thousands dollas he still be richer than u @question

  • question

    Question can anybody tell me if you signed a 6 million dollar deal, those 6 millions goes completely to a rapper

    • Anonymous

      he did not sign a 6 million dollar deal though. that was for his label and to make a movie about him too. both of which may not be happening since he fell off.

    • Anonymous

      Your lawyer, your accountant, your manager and Uncle Sam gotta get there's. The real question is if it's a 360 deal or not.

    • Anonymosu

      Question: Tell me how you feel about this Try to control me boy you get dismissed Pay my own fun, oh and I pay my own bills Always 50/50 in relationships

  • CAL Boss

    Chief Keef is a dumb nigga. So what he's BD. Every nigga in Englewood over the age of 10 is a GD or BD. It would be different if he had decent lyrics, but his shit is something a 7th grader would write. A couple good songs, but that's about it.

  • d mac

    And no hate but keef done All it takes is ONE SONG BITCHES GO AWAY CULTURE VULTURES

  • d mac

    If u ever wanna learn go read ascap, bmi, sesac I keeps its a zillion young thug signed his life away for 25 racks, i bet he in for more than 700 easy Yall soft aint about it youd beg yo momma for a greyhound ticket home because YOU PUSSY

  • Anonymous

    young thug comes in at the bottom of the list by signing for 15 thousand

  • Anonymous

    keef did not get 6 million and he failed to meet most of the obligations set out in his contract including selling 250k by december 2013

    • ^

      You pulled that comment out your ass. Chief Keef barely sold 200K and ain't nobody giving him a new deal.

    • anonymous

      He sold well over 300k copies, i don't know where you're getting your info, but he is set to sign a $25-million deal if "Bang 3" his latest work, does well. (Drops August 15th)

  • Anonymous

    budden - hollow 3-0

  • Anonymous

    washed up old niggaz

  • Anonymous

    Lol @ greg oden you from oregon? What these scrubs wont tell yall is ghostwriters get more than these rappers. A 5/10 deal is SLAVERY

  • Justin Hunte

    Chief Keef has the second highest deal on this listahead of Odd Future, A$AP Rocky, 50 Cent and several way more productive artists. Chief Keef is Greg Oden.

    • Anonymous

      bang 3 has been pushed back like 12 times, no one is buying that shit is it even for sale? lol thought it was a mixtape.

    • Anonymous

      Chief Keef is only 18. You cannot be serious telling people he is "Washed up" Or not productive. That is ridiculous! He is still making it happen, and when Bang 3 comes out August 15th, you'll be buying two copies so if you lose one you'll still have another work of chief keef art! Chief Keef is probably the hardest working artist still relevant from 2012. He is in the studio all the time. Don't sleep on a real nigga.

    • Anonymous

      he never got all that money and his shit flopped

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