Kanye West‘s former business manager has accused him of defaulting on an 18-month contract, which carried a $300,000 monthly retainer.
In a new lawsuit filed against Ye and several of his businesses, Thomas St. John claims their professional relationship began in March of this year, when he was approached to work with West as his business manager and accountant.
According to The Blast, St. John claims that by the end of March, Kanye West was introducing him to his associates as his business manager, and by April 12, he was being referred to as the CFO of Donda. By that point, Thomas St. John had begun creating a strategy for Ye’s finances and had received a letter authorizing his company, TSJ, to receive all of Ye’s financial records.
As the relationship began to formally take shape, St. John demanded that Kanye West secure his services with a two-year contract, especially as TSJ would be forced to turn down other clients in order to focus on this project.
“In addition to the economic costs and risks associated with committing to Defendants as clients, Plaintiff also needed assurance that Defendants would not simply walk away from the business relationship,” the lawsuit reads. “Mr. St. John, however, proposed to compromise on an agreement with a minimum term of 18 months.”
Kanye West eventually agreed, and a contract is said to have been drawn up officially retaining Thomas St. John as Ye’s CFO and “most senior financial advisor,” in exchange for a $300,000 monthly retainer. Weeks later, however, West seemingly changed his mind and called a meeting to end the agreement.
“At this meeting, Mr. West became heated and aggressive,” the lawsuit claims. “He screamed at Mr. St. John and made clear he no longer wanted to work with [him]. When confronted by the 18-month commitment that had just been made, Mr. West stated words to the effect of, ‘The 18-month term was bullshit,’ and ‘You’re insane for even thinking I would stick to it.”
Thomas St. John is now seeking $4.5 million in damages, which includes payments for the months of July, August and September, as well as retainers for the remaining term of the defaulted agreement, which was set to end in November 2023.
“As of the filing of this Complaint, Defendants breached the agreement by failing and refusing, despite Plaintiff’s demand, to pay the minimum $300,000 monthly payments for July, August, and September 2022, despite timely receiving invoices. And it is clear based on their statements and conduct that Defendants do not intend to make any further monthly payments,” St. John claims in the suit.
The claims arrive at the end of a tumultuous week, which saw the dissolution of Kanye West’s deal with adidas, resulting in the embattled rapper’s net worth plunging from $1.9 billion to $400 million. His Donda Sports agency also lost NFL player Aaron Donald and NBA star Jaylen Brown as clients.
After being hit with a $250 million lawsuit from the family of George Floyd and doubling down on anti-Semitic comments made across social media and in several controversial interviews, Kanye West issued an apology to the Jewish community during an equally charged chat with Piers Morgan Uncensored.
On Friday (October 28), Ye also walked back his statements about the manner in which Floyd was killed.
“When I see that video as a Black person, it hurts my feelings,” West said while surrounded by paparazzi. “And I know that police do attack [sic] and that America is generally racist. And I understand that when we got to say Black Lives Matter, the idea of it made us feel good together as a people. Now, afterwards there was some things where the money went in order to push us to the Democratic vote.”
“So when I questioned the death of George Floyd, it hurt my people,” he continued. “I want to apologize. Because God has showed me by what adidas is doing, by what the media is doing, I know what it feels to have a knee on my neck right now.
“So thank you God for humbling me and letting me know how it really felt,” Kanye West added. “Because how could the richest Black men ever be humbled other than to be made to not be a billionaire in front of everyone off a comment.”
another jew
fuck you jew admin
It’s your mom’s fault for giving birth to you
Btw you don’t have the balls to say that when you’re not being a beta-boy keyboard warrior
How do you sue for time not worked ? Its funny how this guy only come out now that the court of popular opinion is in his favor. If he had a legit case, the suit would have been filed within days of the argument.
Learn the law before commenting.
Why don’t you hop off Kanye’s dick for minute, corny ass whiteboy
You blacks are too resentful especially to your kinds and shallow minded too. Your race will always be at the bottom of the chain.
Uh, you’re replying to a middle aged white dude, just so you know.
Saying YOU BLACKS just goes to show how ignorant you are just as well as the comment calling the guy a white boy! You two idiots are what is wrong with this racist country. There is an will ALWAYS be an issue when it comes to race especially when no accountability has been taken! It’s not blacks being resentful or shallow minded because we could say the same thing about the other side with the so called mental illnesses and the nasty despicable things that are done on that side I.e. (school shootings, public shootings, raping children and the list goes on from your history but I digress because things like these are always followed by the families history of mental Illness or whatever!! It’s disgusting but then again it’s the life that we live.
Lmao nice loving this karma. Keep it coming.
Ye doesn’t care about Hebrew people lol.
Excellent news, I look forward to reading further stories about the continuing downfall of the famous cuck Kanye.
genius who pays 10K a day to let someone else oversee his money its not that complicated bro
Silent Partner aka ZUBU-GAY-7 is a closeted homosexual
genius who pays 10K a day to let a stranger oversee your money its not that complicated bro
So fucking right Ye! They feel as if they write articles about you not being a Billionaire matters!! ADIDAS???FUCK ADIDAS YE Don’t Need ADIDAS or Forbes! Ye Just needs YHWH! YHWH is guiding Him and may his destiny be fulfilled! Our PPL need to stop Killing messengers because You don’t like the Message! It Will Be What It Will Be!!
The Nation of Yahweh is a hate group and its founder, Yahweh Ben Yahweh, was convicted of conspiracy to commit murder. You can be pro-black without joining a fucking cult.
10K a day to let a stranger oversee your money doesnt sound like a genius move
10K a day to let a stranger oversee your money doesnt sound like a genius move
He’s just like his buddy Trump. Trump is notorious for not paying people for their work.
CLIAMED ANTISEMITISM WORDS BY YE.
1. REPLY TO DIDDY
Ye’s response text read, “This ain’t a game… Ima use you as an example to show the Jewish people that told you to call me that no one can threaten or influence me… I told you this was war…Now gone get you some business.” And the reason for these conversations came from what ye said at Tucker’s show which he said
2. On Thursday, Ye also spoke with Fox News’s Tucker Carlson, in which he said he believes that Jared Kushner’s efforts in the Middle East and his facilitation of the Abraham Accords during the Trump administration were intended to make him money and he added “I just think that’s what they’re about, is making money,” Ye said. “I don’t think that they have the ability to make anything on their own. I think they were born into money.”
3. The word “going dead con on the Jewish people”..
Wow Ye just these comments caused you 2Billion.
To the dumbest people ever(most of you active here bashing with stupidity) can you highlight the justification of losing 2billion because of these Or there’s more that meet the eye?
You all are practicing in slave choice STILL.
Incase you don’t know, 80m people died in ww2 but hey we must only talk about the ever rising death toll of the holocaust victims(present count is 11million). As if it was worse than what the Chinese and most Asia countries went through by the hands of the Japanese or what France was doing with Tunisia and Morocco and other whole of Africans colonised by France and Belgium.
What do you know?
Continue to be bashful with those rotten hands of yours but I’ll continue to educate your shallow brain.
Do you also know how many Russians died or the Role of fascist in Italy?? HEY what do you really know?? Tell me
I have been telling for sometime now that the only reason these guys went after Ye was the fact that he went to their favourite TV house Fox, appeared on their favourite show Tucker, and said the “Blasphemous” phrase BLACK PEOPLE ARE THE REAL JEWISH PEOPLE. How date you and it was quick, from Diddy to few senior members of the JEWISH community calling him out and the next 24hr was 2 billion dollars history.
Kyrie just got himself into a serious trouble with this same community for using that same “Phrase”. Honestly blacks are really dumb, and only a handful you one can count upon but those also are easily suppressed.
KYRIE have 24 to apologise or else he will join the history book too all for using a phrase.
Imagine these sort of efforts are implemented across all social/racial discriminations the world would have been better…
Are these words worse the the actions of the owner of Phoenix Suns??
ANTISEMITISM IS A JOKE!
have i been banned.
It’s odd that once he brought up the jooes the media really started eating at him
ye brought all these skinheads into our midst lecturing us with all their hate. there’s no coming back from this. has to be some sort of plan! want this clown erased. don’t want to see his stupid face!
They can’t stop him from telling the truth hard as they try😁
They can’t stop him from telling the truth hard as they try😁