James “Jas” Prince, who is credited with discovering Drake and introducing him to Lil Wayne, has sued him on grounds that he has not been monetarily compensated for his efforts.
According to THR, Prince says that the managers around Drake have tried to “loot” his finances and “put the entire Drake business in jeopardy.” Prince and his father James Prince Sr. were going to sit at the helm for business dealings with Wayne’s labels. Cortez Bryant, Wayne’s manager, had an oral agreement with Prince to “develop and exploit Drake’s entertainment services together and split profits therefrom accordingly” in around 2007 and ’08.
Bryant then signed Drake to his roster and inked an exclusive recording deal with his company Aspire, and then signed him to Young Money Entertainment and Cash Money Records. Prince realized that he was going to get cut out in July 2009, and worked out a “Settlement Agreement & General Release Agreement” to receive a share of Aspire’s profits, a majority share in Drake’s masters and a share of his gross compensation.
Prince is not claiming that they have failed to compensate him and “stymied” his payments by using the same business affairs lawyer that the record label employs.
Drake is also reportedly unhappy with the defendants and has already put them on notice for withholding money. He is allegedly thinking about negotiating his record contract for his third album, which Prince seeks to halt because it jeopardizes his financial standing with the rapper.
Prince is suing Bryant, Aspire and associated management firms for breaching the settlement agreement, oral agreement, the implied covenant of good faith and fair dealing and their fiduciary duties. He seeks an injunction to prevent the renegotiation of Drake’s agreement, as well as his owed money.
RELATED: Drake Says He’s The First Person To Successfully Rap And Sing
this is so fucking crazy … Drake is a grown ass man and needs to have more say in who profits off him.
Being a Grown Man has nothing to do with the industry
DAAAAAMMMMMMNNNN!!!! I guess Pusha T was talking about this nigga. HAHAHAHAHA
“You signed to one nigga, thats signed to another nigga, thats signed to three niggas” #DEAD
he couldve been talkin to himself cus pushas in the same situation lol
Pusha Has His Own Label, Re-Up Gang Records Along With His Deal With Ye
re up is on the same level as blackwallstreet. Only time you hear about them is when pusha or malice have them on their records.
You Should Also Sue Him For Saying He’s The First Person To Successfully Rap And Sing
If they’ll rob Mannie Fresh and Juvie, than they’ll DAMN sure rob Drake. No surprise whatsoever here.
Baby and Slim are still at it, i see
Drake is looking real fucked up now. First Pusha T murdered him on Exodus. Next, the pussy bottle throwing incident. Now this. Drake, stay in haitus for a couple of more months.
theres 3 stories out. One of drakes entourage threw the bottle. Drake threw the bottle. Someone outside of them threw the bottle. People just like to say drake did it because it gives them a reason to not like Drake.
2. Pusha didnt kill drake. IF exodus was aimed at drake then Pusha did nothing but prove that hes a pussy. When Drake was asked about Pusha Ts Dreams Money Can Buy Freestyle, Drake said “i didnt take that as a diss to me. But if it was a diss to me, make your disses a little clearer. Say my name.” Ive listened to Exodus. Pusha never said drakes name. So if it was aimed at Drake pusha proved himself to be a pussy.
Now dont even front because if the roles were reversed, you and all of Drakes other haters would be calling drake out for not saying a name and you know it
2nd Anonymous, Was You There???
no i wasnt thats why i said there are 3 stories going around. notice i never said if i thought he did or didnt. All i said was there were 3 stories and that people that dont like drake would rather it was him that threw the bottle just to have another reason not to like him
“You Should Also Sue Him For Saying He’s The First Person To Successfully Rap And Sing”
They should sue you crying baby tears over it.
Why am I crying I only typed some words….
Everyone wants a piece of the cake. Drake better start surroundi9ng himself with people he can trust or else he’s going to be broker than Nas.
Or Broke Like You…
Drake needs to handle his business.
“Why am I crying I only typed some words”
Do you work or is typing your job?
“Drake, stay in haitus for a couple of more months”
Your whole life is a hiatus lol
^What up Drake?
none of this effects Drake … at all. You pussy ass bloggers are so desperate for anything to grab onto.
who gives a shit
yo check out
PISS IN YA GRILL leave comments its everything the title says
http://www.youtube.com/watch?v=GX1awtYPEK4
THIS’ BULLSHIT BUT JAS IS NOT GONE LET THIS GO HES GONNA GET HIS PAPER THE INDUSTRY IS A MOTHA FUCKA THEY’LL FUCK YOU EVERYTIME BECAUSE OF GREEDY ASS NIGGAS