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

By flix02 - 07-26-2012, 04:49 PM - Boxden > The Hip-Hop Spot

(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.

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

05:08 PM

Ohhhhhh ohhhhhhhhhhhh things just got real.

07-26-2012, 04:55 PM

Contract all !!ed up u signed to 1 nicca who signed to 3 niccas now that's bad luck

07-26-2012, 04:55 PM

[pic]

07-26-2012, 05:01 PM

Originally Posted by flix02

[pic]

(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.

[pic]

07-26-2012, 05:03 PM

even if drake didn't agree he should still pay him just as compensation for all the !!ing texas !!riding he does

07-26-2012, 05:04 PM

Originally Posted by Matrix

[pic]

if he has a witness to the agreement then he's good

07-26-2012, 05:09 PM

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?[pic]

07-26-2012, 05:15 PM

Didnt drizzy buy a lambo for sonny and call it even?

For a jew, drake went real niccarish with them contracts. Thought his ppl be on top of all dat

07-26-2012, 05:21 PM

The L's keep coming[pic]

07-26-2012, 05:24 PM

Bun B get your boy! [pic] Don't stop cosigning now.
Aubrey's Houston pass is revoked [pic]

07-26-2012, 05:27 PM

Originally Posted by xbossxplayax

Didnt drizzy buy a lambo for sonny and call it even?

For a jew, drake went real niccarish with them contracts. Thought his ppl be on top of all dat

[pic]

07-26-2012, 05:28 PM

Aint no friends or loyalty in the music business

07-26-2012, 05:30 PM

U stupid dudes even read its jprince jr, not the father that owns rap a lot. The !!ing son

07-26-2012, 05:31 PM

I guess j prince didn't take notes from fendi.

07-26-2012, 05:42 PM

Originally Posted by AuthenticMade

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 !!ed 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!

07-26-2012, 05:44 PM

Blame this !! 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

07-26-2012, 06:40 PM

lol at people sayin j prince

07-26-2012, 06:46 PM

'Verbal agreement' won't stick for !!.

J Prince Jr. is going to end up embarrassed once it's all said and done.

07-26-2012, 06:50 PM

....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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