J Prince Jr. Sues Drake, Cortez Bryant and Young Money’s Management Team Over Introduction

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 5 years ago '08        #1
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flix02 2055 heat pts2055
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J Prince Jr. Sues Drake, Cortez Bryant and Young Money’s Management Team Over Introduction
 

 

(AllHipHop News)
Houston’s J Prince Jr., son of Rap-A-Lot founder and CEO J Prince, is suing Drake and his management team for breach of contract and breach of fiduciary duty, in what totals 10 claims against Drake and his team led by Cortez Bryant.

According to documents filed today in New York State Supreme Court, J Prince, Jr. stated that he deserves a cut of the profits earned for introducing Drake to Lil’ Wayne and Cortez Bryant’s management team, Aspire.

In the lawsuit, J Prince Jr. alleges that Bryant and Drake verbally agreed to pay J Prince Jr. a portion of the profits earned.

Prince claims that Bryant verbally agreed to, “use their experience, influence, and relationships to persuade Drake into entering an exclusive recording agreement and an exclusive management agreement with the two of them and Bryant, and was to use his influence to compel Lil’ Wayne to sign and promote Drake to and through Lil’ Wayne’s record company YME, once Drake signed the agreements.”

In addition, given J Prince, Sr’s relationship with Cash Money Records, the distributor of Young Money would “consult with them and take the lead on their business dealings with YME and CMR.”

The lawsuit also claims that on December 10, 2008, Bryant signed Drake to an exclusive management agreement with his company and defendant Roberson’s companies, Laurent and Three Kings, and that Bryant signed Drake to an exclusive recording agreement with his company, Aspire.

J Prince Jr. also claims that in or around April 2009, Bryant made J Prince aware of the signing and pledged to honor the original agreement.

Prince wants the court to appoint a receiver to stop Drake and team from renegotiating their contracts with Drake until they get paid the agreed upon amount. More news as details emerge.


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 EXCLUSIVE: J Prince Jr. Sues Drake, Cortez Bryant and Young Money’s Management Team Over Introduction | AllHipHop.com

85 comments for "J Prince Jr. Sues Drake, Cortez Bryant and Young Money’s Management Team Over Introduction"

 5 years ago '04        #2
ant30ant33 214 heat pts214
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Ohhhhhh ohhhhhhhhhhhh things just got real.


Last edited by ant30ant33; 07-26-2012 at 06:08 PM..
 07-26-2012, 05:55 PM         #3
AZTEK ESCOBAR 
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Contract all fu*ked up u signed to 1 n*gga who signed to 3 n*ggas now that's bad luck
 5 years ago '05        #4
WCIB 111 heat pts111
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 5 years ago '10        #5
Matrix 52 heat pts52
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 flix02 said:

(AllHipHop News)
Houston’s J Prince Jr., son of Rap-A-Lot founder and CEO J Prince, is suing Drake and his management team for breach of contract and breach of fiduciary duty, in what totals 10 claims against Drake and his team led by Cortez Bryant.

According to documents filed today in New York State Supreme Court, J Prince, Jr. stated that he deserves a cut of the profits earned for introducing Drake to Lil’ Wayne and Cortez Bryant’s management team, Aspire.

In the lawsuit, J Prince Jr. alleges that Bryant and Drake verbally agreed to pay J Prince Jr. a portion of the profits earned.

Prince claims that Bryant verbally agreed to, “use their experience, influence, and relationships to persuade Drake into entering an exclusive recording agreement and an exclusive management agreement with the two of them and Bryant, and was to use his influence to compel Lil’ Wayne to sign and promote Drake to and through Lil’ Wayne’s record company YME, once Drake signed the agreements.”

In addition, given J Prince, Sr’s relationship with Cash Money Records, the distributor of Young Money would “consult with them and take the lead on their business dealings with YME and CMR.”

The lawsuit also claims that on December 10, 2008, Bryant signed Drake to an exclusive management agreement with his company and defendant Roberson’s companies, Laurent and Three Kings, and that Bryant signed Drake to an exclusive recording agreement with his company, Aspire.

J Prince Jr. also claims that in or around April 2009, Bryant made J Prince aware of the signing and pledged to honor the original agreement.

Prince wants the court to appoint a receiver to stop Drake and team from renegotiating their contracts with Drake until they get paid the agreed upon amount. More news as details emerge.

 07-26-2012, 06:03 PM         #6
One Gud Cide 
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even if drake didn't agree he should still pay him just as compensation for all the fu*king texas d!ckriding he does
 07-26-2012, 06:04 PM         #7
WordOnThaStreet 
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 Matrix said:
if he has a witness to the agreement then he's good
 07-26-2012, 06:09 PM         #8
dlettern 
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Ha, This is a weak move on J Prince's part. If he thought Drake was so tight, why didn't he sign him? He dished him off the YMCMB hoping to make some scraps if homeboy caught a buzz. Now he's all regretful that Drake proved to be a powerhouse so he's trying to get his piece. Thats a bitter broke man's move.....

Verbal agreement?
 5 years ago '04        #9
xbossxplayax 
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Didnt drizzy buy a lambo for sonny and call it even?

For a jew, drake went real n*ggarish with them contracts. Thought his ppl be on top of all dat
 5 years ago '07        #10
RubbahBandMayn 6 heat pts
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The L's keep coming
 5 years ago '10        #11
Trilluminati GA 433 heat pts433
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Bun B get your boy! Don't stop cosigning now.
Aubrey's Houston pass is revoked
 5 years ago '05        #12
Martel 18 heat pts18
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 xbossxplayax said:
Didnt drizzy buy a lambo for sonny and call it even?

For a jew, drake went real n*ggarish with them contracts. Thought his ppl be on top of all dat
 5 years ago '10        #13
kingblock 10 heat pts10
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Aint no friends or loyalty in the music business
 5 years ago '08        #14
V.R. Nabor 1 heat pts
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U stupid dudes even read its jprince jr, not the father that owns rap a lot. The fu*king son
 5 years ago '07        #15
cankstoochie 48 heat pts48
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I guess j prince didn't take notes from fendi.
 07-26-2012, 06:42 PM         #16
3rdcoasta 
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 AuthenticMade said:
This is a bad look cause these guys were literally giving Drake what little 'street cred' and respect he was getting...People like Bun B and such initially fu*ked with dude off his affiliation with J Prince...Hell Wayne did to

Bad look for dude....plus their are multiple interviews out from when Drake first blew where he claimed he was being managed, co managed, and represented by "The son of a legend, J Prince Jr" lmao
true i remember the intro of one of the ugk albums, j prince saying lets welcome the newest member to the team, or something like that...and i'm like drake signed with j prince? i thought he was with YMCMB!
 5 years ago '06        #17
Poloboy69 
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Blame this sh*t on Jas himself. Get your paperwork right and handle your business. you should be standing next to the money pile. I know theres a thing as creating your own lane but he should have stuck next to drake while all this been going on. He was on drake first 2 tours and always around during recording process and he stopped hanging around drake. Drake bought him a lambo and shouting him out on a few songs. Why sue over somebody that brought you along for the ride when drake could have got his contract signed and quit taking his calls
 5 years ago '04        #18
youngmic 407 heat pts407
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lol at people sayin j prince
 5 years ago '04        #19
W24x55 50 heat pts50
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'Verbal agreement' won't stick for sh*t.

J Prince Jr. is going to end up embarrassed once it's all said and done.
 5 years ago '05        #20
Fresh|B 976 heat pts976
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....Verbal Agreement Can Only Last Up To 3 to 4 Years Depending On The State, After That You Can't Sue If It Pass That.

He Good But This Will Be All Settle Before Anything Gets Out of Hand.
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