UPDATE: Back in May, it seemed like Jas Prince’s lawsuit against YMCMB was over. Apparently, that’s not the case.
TMZ is reporting that although he recently filed documents to dismiss his Florida federal lawsuit against Birdman and Aspire Music Group, he plans to file again in New York.
Prince is seeking millions in unpaid royalties and claims to be the one who brought Drake to Young Money. In May, word got out that a judge had thrown out the case; and last month, it was revealed that a settlement deal had been reached with at least two of Aspire's shareholders.
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PREVIOUSLY: Jas Prince: Birdman Owes Me Millions
The legal discord keeps getting worse over at Cash Money Records.
Jas Prince, son of Rap-A-Lot Records CEO J. Prince, hasn’t given up his bout with the label over Drake, and claims he’s owed millions in overdue royalties.
According to TMZ, Prince filed new legal docs to get Cash Money to fess up to just how much revenue Drake has generated for the label. Prince is credited for discovering the Toronto rapper, and aligning him with YMCMB.
| CLICK HERE FOR DRAKE: A YEAR IN REVIEW |
The Texas native says he’s helped Birdman’s imprint make $40 million of the reported $84 million Drake has brought them over the years. Cash Money has so far paid Prince at least $1 million, which is far below what he says he’s owed.
Prince contends to signing Drake to Young Empire Music Group, and bringing him over to Aspire Music Group around 2008. The company, which is co-owned by Wayne’s manager, Cortez Bryant, reportedly signed October’s Own to a label and management deal with distribution through Cash Money, and Universal Music Group.
In the original suit, Prince claims to have entered into an oral agreement with Bryant’s company to “split profits accordingly.” Prince says he was promised “22 percent of Aspire’s share profits.”
Cash Money attempted to have the suit thrown out.
Prince's latest filing comes less than a month after Lil Wayne brought a $51 million lawsuit against the label.
Watch: Music News: Rich Homie Quan on Lessons Learned From Birdman and the Success of 'Flex' in the video below.
BET.com is your #1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.
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UPDATE: Back in May, it seemed like Jas Prince’s lawsuit against YMCMB was over. Apparently, that’s not the case.
TMZ is reporting that although he recently filed documents to dismiss his Florida federal lawsuit against Birdman and Aspire Music Group, he plans to file again in New York.
Prince is seeking millions in unpaid royalties and claims to be the one who brought Drake to Young Money. In May, word got out that a judge had thrown out the case; and last month, it was revealed that a settlement deal had been reached with at least two of Aspire's shareholders.
_________________________________________________________________________________________________
PREVIOUSLY: Jas Prince: Birdman Owes Me Millions
The legal discord keeps getting worse over at Cash Money Records.
Jas Prince, son of Rap-A-Lot Records CEO J. Prince, hasn’t given up his bout with the label over Drake, and claims he’s owed millions in overdue royalties.
According to TMZ, Prince filed new legal docs to get Cash Money to fess up to just how much revenue Drake has generated for the label. Prince is credited for discovering the Toronto rapper, and aligning him with YMCMB.
| CLICK HERE FOR DRAKE: A YEAR IN REVIEW |
The Texas native says he’s helped Birdman’s imprint make $40 million of the reported $84 million Drake has brought them over the years. Cash Money has so far paid Prince at least $1 million, which is far below what he says he’s owed.
Prince contends to signing Drake to Young Empire Music Group, and bringing him over to Aspire Music Group around 2008. The company, which is co-owned by Wayne’s manager, Cortez Bryant, reportedly signed October’s Own to a label and management deal with distribution through Cash Money, and Universal Music Group.
In the original suit, Prince claims to have entered into an oral agreement with Bryant’s company to “split profits accordingly.” Prince says he was promised “22 percent of Aspire’s share profits.”
Cash Money attempted to have the suit thrown out.
Prince's latest filing comes less than a month after Lil Wayne brought a $51 million lawsuit against the label.
Watch: Music News: Rich Homie Quan on Lessons Learned From Birdman and the Success of 'Flex' in the video below.
BET.com is your #1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.
Click here to subscribe to our newsletter.
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