MTV Reports MGK Broke Living in Managerís Momís Basement

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 5 years ago '05        #101
TattooedMPsz 50 heat pts50
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$25,375 | Props total: 8055 8055
 beeboywhoo said:
Damn the contract was only worth 1.1 mill? God damn that aint sh*t
1.1 milliy aint sh*t huh
 5 years ago '10        #102
ineedmusic23 2 heat pts
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$775 | Props total: 152 152
Interviewed this kid for a magazine and he was mad disrespectful. I Gives 0 fu*ks.
 5 years ago '11        #103
KeithClark 10 heat pts10
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$4,458 | Props total: 122 122
Ice cube was broke as fu*k up till like his 3rd or 4th solo LP (living with his mother) so what's the big deal? 99% of all musicians are broke according to his lyrics Jadakiss is still selling coke when his sales drop (lol). - Keith Clark
 5 years ago '12        #104
Nissan Cima 2 heat pts
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 08-10-2012, 01:59 PM         #105
Shakespeare  OP
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 TattooedMPsz said:
1.1 milliy aint sh*t huh
It's not. When you sign a contract, they don't just slide you a briefcase with 1.1m in twenties, there are fees that come along.

Brokerage fees, finder's fees, lawyer fees, manager royalties, etc.

And someone as stupid as MGK is not saving or investing his money, so there you have it.

I don't know how people don't realize it, but most of your favourite artists are either broke or lying about how much wealth they actually have.

There are maybe a handful of artists who have made money, kept it, and don't have to worry about it being tied up.
 5 years ago '04        #106
slapaho 2 heat pts
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$6,301 | Props total: 2497 2497
 Fameus said:
Kain never had a chance .

But shout out to Kidd Kidd no music out stayin at Fifs mansion .
as long as mac miller raps.. MGK doesn't have a shot either.

the mainstream white rapper job has been filled plus the fan base all juggalo types and they all wanna be rappers too.. they dont support MGK like that. mgk and the words 250k + albums sold aint in the cards. all he can do is use the exposure and pull an asher roth by fadin away for a lil bit and tryin something else.
 5 years ago '08        #107
CarmeloStarks 93 heat pts93
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$9,182 | Props total: 968 968
my n*gga Diddy signed MGK to a 360 deal & French Montana is the ONLY Bad Boy artist EVER to keep his publishing & royalties


[pic - click to view]

 5 years ago '10        #108
SoFresh170 27 heat pts27
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$12,304 | Props total: 1960 1960
another one bites the dust.. good seeing diddy up to them old tricks
 08-10-2012, 02:39 PM         #109
Phillipmcd  OP
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 Shakespeare said:
It's not. When you sign a contract, they don't just slide you a briefcase with 1.1m in twenties, there are fees that come along.

Brokerage fees, finder's fees, lawyer fees, manager royalties, etc.
Don't forget the IRS. And Diddy is sneaky with those appearance fees whenever he appears in your song/video
 5 years ago '12        #110
The Infamous1 13 heat pts13
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$2,319 | Props total: 9 9
Didn't he say him and diddy were like brothers?
 5 years ago '11        #111
whouthinkitis 18 heat pts18
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$8,857 | Props total: 1454 1454
 calikidjoey said:
n*gga he with diddy , that album not coming out
 Prostyle said:
Why are y'all n*ggas shocked??

Dude ain't done sh*t besides some wack a.ss shows, of course the n*gga ain't paid yet


FYI just because you get signed doesn't mean youre rich
...............
 5 years ago '12        #112
Boo The Fool 12 heat pts12
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$16,390 | Props total: 5652 5652
 SmokeyTheBlunt said:
cant give hardly any OH white peorson monies like that without them completely fu*king it up
its rappers PERIOD...
 5 years ago '04        #113
RWOOD 
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$550 | Props total: 0 0
at least he had his wrestlemania moment...


 5 years ago '09        #114
WILLIAM 49 heat pts49
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riff raff took his bi*ches
 08-10-2012, 03:55 PM         #115
PLATAOPLOMO  OP
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(LMAO) Anyone that SIGNS to BAD BOY should know this & if they dont its their FAULT

INDUSTRY RULE # ???? & # ????

NEVER SIGN to P. DIDDY & BAD BOY & ... NEVER SIGN to BABY & SLIM & CASH MONEY or YOUNG MONEY or let any of their ARTIST have a BEAT without PAYING FIRST (lol) Unless your a F/U/C/K/I/N/G JUNKIE who makes WHACK BEATS & thinks hes a SUPER PRODUCER like BANGLADESH then its ok to keep getting RIPPED OFF like he did on A MILLI & 6 FOOT 7 which are BOTH GARBAGE BEATS
 5 years ago '09        #116
Auron 2 heat pts
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Diddy the Don
 5 years ago '04        #117
nwking 1 heat pts
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$2,096 | Props total: 1267 1267
 blackjewelz said:
Diddy strikes again???
Puff did not make him sign the contract. Maybe these guys forget that there are other job besides being an entertainer. Work a regular job and do music on the side till you get a break. Wyclef use to work at McDonalds for years bro
 08-10-2012, 03:57 PM         #118
the synthesis  OP
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Diddy was doing the same sh*t with Biggie, only when Biggie died he had to pay him his moms

There is a interview with Biggy in 1997 saying he wants to be a millionaire, so that just tells you he wasnt gettin paid, which a few other rappers at Badboy confirmed

Diddy and Suge, hell all these ceo's are dirty

Jay ate up freeways advance and marketing budget to fund his own album, Diddy used rappers advance to fund his lifesttyle and venture as did Suge with Pac, Snoop, DPG, Nate etc...
 08-10-2012, 03:59 PM         #119
PLATAOPLOMO  OP
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What ever happened to RED CAFE ?? He SIGNED to BAD BOY right or is it BAD BOY & KONVICT MUSIC ?? either way RED CAFE always been GARBAGE except for PAPER TOUCHING feat JADAKISS (lol) His AS-LIB ... "WHAT ELSE" .. is LAME also
 5 years ago '10        #120
theking1 3 heat pts
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$6,236 | Props total: 11 11
 Flash Kick said:
How he broke. Hes was tour.
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