The Devil's Advocate
Call me Dad
But that's what future signedI've not heard of 360 deals where they take halv, I've heard 15-33.3 %.
Half would entail a very fat sign on/advance.
I'm not gonna say what he's owned cause I've not seen the contract, I just think 20 % of everything to Rocko is laughable. You dudes are mad at label for taking that type of money when they throw in millions but think it's okay for Rocko to pay for studios and beats AFTER Future already had Racks and DS1. We're talking about a dude who had 1 wack album, minor success with 1 song and not so much more to offer.
Not just that he wants 20 % of everything (which probably is more than Future gets) he wants 25 % of his advance money too. I think it's laughable of Future if he really did it and just the thought of anyone who isn't a cracked with nothing going on doing it is funny too. fukking Rocko, i'd give my 20 % to Memphis Bleek, at least i'd get to meet Beyonce and Jay and perhaps a job as a Dusse promotor.
Look I can step to any nikka on these streets, rapping, making mixtapes in his basement, thinking and knowing they about to go nowhere, working at Walmart...... And offer them less and get more
Why?
Cause they know they'll NEVER get there without me. I step to them like "hey I got connects with def jam and a few labels, I'm going to invest in you. Get you clothes when you need it. Book you shows. Pay for all your mixtapes to get done in a real studio. Pay for official CDs. Put you on iTunes. Promo tour. Get you in magazines. On world star. Blah blah blah"
"I just want 20% of everything you make and WHEN I get you a major deal, 25% of the advance"
At that very second what are your options? You ain't doing a fukking thing. You actually losing money cause you paying out of pocket AND you not going anywhere. So what's 100% of nothing.
You thinking at the most you might make 100k. Ok have to give me 20-25k and cool. Still made more money than you ever have in life.
You liable to sign any fukking thing cause you don't know any better, you have no money, and you have no faith that you going anywhere
Now when you blow up and make 100 milly. That's when you sitting there mad like what the fukk. I gotta pay this nikka 25 milly. My manager 10 milly. My label 33 milly. And I did all the work and I'm left with 32 after I made 100. This is bullshyt. Who can I cut out
But you signed the contract. So you can't cut nobody out. You fukked up a long time ago