If the saying “When it rains, it pours” holds true, then the brass over at Cash Money should be looking for bigger umbrellas at the moment.
Already dealing with star artist Lil Wayne trying to leave the label, as well million-dollar lawsuits from both Wayne and former Hot Boy member Turk, label bosses Slim and Birdman now have to contend with industry insider Jas Prince.
Prince, the son of Rap-A-Lot Records CEO J. Prince, is suing Cash Money and demanding that they open up their financial records in relation to profits made from the success of Drake. Jas is credited with having discovered the “0 to 100” rapper and bringing him to the attention of the YMCMB family. For his services, Prince was promised a sizeable percentage of all profits made from the Canadian rapper, however, he feels as though the Williams brothers are not slicing the pie fairly.
Jas is pissed because he’s gotten a grand total of $2 million for his find, even though he was promised a huge chunk of the profits. And there are reports Cash Money has made $40 million from Drake.
The Drake and Rap-A-Lot connection has proven to be a strong one as just last week it was reported that J. Prince issued a warning to the powers at Cash Money referring to Drake as his “family” and encouraging them to honor their agreement with him and his son and to “pay every penny due” to them.