Drake leaving Cash Money/Young Money very soon?

[Quadruple OG]

According to the documents, he hasn't seen a royalty check for his albums. There's also a conflict of interest between who handles his finances; same person that handles Drake's accounting happens to handle YMCMB. He's also supposedly fulfilled his contract with YMCMB. This all stems from the suit J. Prince's son filed against Drake's Management team for unpaid royalties. In the suit, it mentions on page 17 that Drake is preparing to terminate his contract with YMCMB because of breach of contract.

The whole complaint is below, it's a very lengthy read, and includes the contract Drake signed with Cash Money Records and Aspire Management.

http://api.ning.com/files/tna-h7vgFWxSxSWvpCEeS8fYUiuGxulpO6CIHKfLyxO2jk9p3*RvGWTlDL5p9pLYEkqrIVaBp0DLpk-ZkSCTcyjytmdABwxf/SummonsandComplaintPrinceetalv1.AspireMusicGroupetal..pdf

[TT Makaveli]

this muthafukka should just leave this planet bruh!

[Gamestarr]

Just looked at some of Drakes contract.

So managers really take 20% of EVERYTHING?!?!?! even gifts??? loooool

[MUHFUKKA]

you gotta love birdman for getting rich off all these fuckers

[Darkwing Duck (The Reincarnation)]

Birdman is a greedy fuck. funny how his artists never learn


^i would never do business wit a guy that looks like that

[rayallen0]

the 20% is just how a 360 contract works. Most these major artists acting like ballers are making shit money with the label taking everything.

[Black Excellence]

you gotta love birdman for getting rich off all these fuckers

not his fault even though he's a snake. these dumb ass kids don't read contracts and think it's about bein' on bet and what music videos portray.

[Gamestarr]

the 20% is just how a 360 contract works. Most these major artists acting like ballers are making shit money with the label taking everything.

yeah lol they are basically broke with these kinda contracts.. This was just the managers demand.. Shiiit..

[Chamillitary Click]

LOL. Hilarious.

[Nutty]

Damn, dude got fucked.

[Dikteta Dax]

20% is standard for managers, 360 deals is an entirely different story though...

[rayallen0]

20% is standard for managers, 360 deals is an entirely different story though...

Was talking a % out of everything.

[Dikteta Dax]

Standard management contract takes 20% of all gross earnings in which Artist's artistic talents are developed and exploited...

[Chamillitary Click]

20% ain't really a thing if you're actually making the money you claim you make on your records.

[Gamestarr]

20% ain't really a thing if you're actually making the money you claim you make on your records.

the 20% is just the manager. I imagine he has a pa and then theres what the company takes.