James “Jas” Prince, the son of Rap-A-Lot Records CEO J. Prince, and the person who discovered Drake has filed a lawsuit in Manhattan Supreme Court against Cortez Bryant, Gerald Roberson, Derrick Lawrence and their firms, including Aspire Music Group LLC, Laurant Management and Three Kings. Prince says they have refused to provide an accounting of what he is owed.
The suit that Prince has filed also alleges that Drake hasn’t been paid any royalties by YMCMB either, and it looks like it may be leading to Drake attempting to get his contract with the imprint terminated.
Addressing the lawsuit, Jas Prince’s lawyer James McMillan tells the NY Post:
“He [Drake] hasn’t been paid, and we haven’t been paid.”
As reported by the NY Daily News, McMillan told them that the companies are hiding behind Ronald Sweeney, who represent both Drake’s managers and the record company that pays the royalties, and says the companies are controlled by Lil Wayne and have sold over 5 million copies of Drake’s albums and Drake hasn’t received any royalties for his album sales.
Here’s where Drake trying to get out of his contract comes in, as pointed out by Julia Beverly of Ozone Magazine. In the lawsuit, it appears that Drake’s lawyers are attempting to get Drake’s YMCMB contract terminated due to them not meeting the terms.
Beverly tweeted out Drake’s lawyers request to get out of the contract as noted in the suit: “Terms of the agreement have not been met, so the contract is automatically terminated.”
View the complete section of the lawsuit that was tweeted out by Beverly, below:
The 69 page lawsuit is available to view in PDF form, [here].
Def Sounds will keep you updated as more information surrounding Drake’s contract situation comes to light.