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Drake sells 5 million records, doesn't receive all his royalties, management sued


Last week, news surfaced that Drake may be getting scammed out of millions of dollars. Today, a legal document reveals that Drake is in fact at the center of a serious legal battle. You can read the entire document outlining the case here.

The intro reads:

On or about 2007/2008, Plaintiffs discovered the rap artist professionally known as "Drake" and introduced him to Defendants to help further his entertainment career. Since Plaintiff's discovery of Drake, his career has been wildly successful. He has sold millions of records and received countless awards. Plaintiffs and Defendants had an agreement to split profits associated with Drake's success. Despite their agreement, Defendants have failed to pay or account to Plaintiffs in accordance to the agreement. In fact, Defendants actions suggest that they are attempting to oust Plaintiffs from the Drake business altogether. Defendants have also failed to pay or account to Drake. By not paying Plaintiffs or Drake, Defendants have put the entire Drake business in jeopardy. As such, Defendants are causing great injury to Plaintiffs.

From this point on, things get complicated, and Drake isn't actually named as a plaintiff, but the money he's generated during his career is causing some issues for the man who discovered him and the teams who are managing him. Here are the basics of the case:

  • The man filing the suit is James "Jas" Prince.
  • The defendants are Aspire Music Group, Cortez Bryant, Laurant Management, Three Kings, Gerald Roberson, and Derrick Lawrence.
  • James Prince claims that after discovering Drake, he entered into an oral agreement with the defendants in which they said they would use their connections and influence to get Drake signed by Lil Wayne and to promote Drake once he was signed. In exchange, Prince would take the lead in managing Drake and profits would be split accordingly.
  • After the oral agreement was made, Cortez Bryant went and signed Drake to an exclusive management deal without telling Prince.
  • Prince claims that he never received his cut of the money and that the original agreement with Bryant was not honored. He believes that Bryant is trying to cut him out of the business completely.
  • In an attempt to resolve the issue, both parties entered a settlement agreement, but Prince claims he was never paid, and the reason he was given was that Drake hasn't been paid either.
  • James is seeking accounting information and monetary relief for all breaches of contract.

Story developing...

When the checks stop coming: : Jas Prince Suing Cortez Bryant & Drake's Management Team

Some of you may not know where Drake came from (other than Canada, of course) but there's definitely one person who will never forget and his name is Jas Prince. Jas Prince, the son of James Prince (Rap-a-Lot Records) could be considered the person who discovered the Young Money crooner. He definitely was the person who introduced Drake to Lil Wayne, which is why Drake is where he is today. So why have the checks stopped coming in?

Now Jas is suing Cortez Bryant & Drake's management team for breach of contract, failure to pay profits, failure to account and a whole lot more! It's 69 pages worth of stuff if you're down to read.

Brief Explanation of Complaints

- Bryant, without consulting Prince signed Drake to an exclusive agreement

- Bryant Failed to Honor Promise under Oral Agreement to allow Prince to lead all negotiations between Drake and Young Money Cash Money

- Bryant has failed to perform express terms and conditions of the settlement agreements for failure to pay Prince 2/3's of their profits.

- Bryant failed to pay Prince within 30 days from receiving payment from YMCMB

Like i said, it's all pretty long but I'll attach the document if you want more details. Essentially it's saying that Prince and Bryant agreed to some terms regarding Drake and Bryant has stopped delivering. To be clear, Prince is NOT suing Drake and word is, Drake isn't seeing all of his money either.

Official Sumons Document
-It's pretty long but an interesting read, the first few pages and Evidence F are especially of note.

Cash Money are know for this type of stuff, I wonder if they're doing the same with Nicki?

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