J Prince Jr., son of Rap-A-Lot founder and CEO J Prince, is suing Drake’s management team Cortez Bryant and his associates for breach of contract and breach of fiduciary duty. Don’t believe me.. Ask Ronald “Slim” Williams.
Here’s an insert of documents filed yesterday by J Prince Jr. in a New York Courthouse:
“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 YOung Money Entertainment, once Drake signed the agreements.
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 Bryant signed Drake to an exclusive recording agreement with his company, Aspire.
J Prince Jr. also claims 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 his team from renegotiating their contracts with Drake until they get paid the agreed upon amount.”
Are southerners in the music industry currently having a feeding frenzy on Drake’s paycheck? Of course they are. Don’t believe me.. Ask Bryan or Ronald Williams, Lil Wayne, Cortex Bryant, J Prince Sr. or his son J Prince Jr.
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