They may be one of Pop culture’s highest earning brands, but if court documents released today are anything to go by- Young Money financial dealings are set to land them in hot water.
Details below…
Last week, it emerged the man credited for discovering Drake – James ‘Jas’ Prince was readying to take legal action against the Rapper’s management company for cutting him out of his lucrative contract with the group and his label Young Money.
Mirroring claims by New York’s Big Fendi who is responsible for taking Nicki Minaj to the same label, Prince claims that despite being promised a cut of Drake’s earnings for making the introduction, he has not seen a single dollar since the artist’s launch.
However, that is not all Prince is purporting.
For, according to the New York Post, upon carrying out his own investigation into why he hadn’t paid, he claims to have discovered that Drake himself is yet to be paid royalties owed him.
This, prompting the performer to seek legal action against the label and his management company for ‘stiffing him’ out of millions.