how he get broke so fast?
Trinidad James had signed a Joint Venture with
Def Jam Records, for approx. $2 Million.
[8
You dont get 2 million..he prob got a 60-80k advance off that. That 2million is to pay for features, beats, studio time, and radio spins for the album. In return they take all ya sales and take 15% of ya tour money, 15% of ya merch, 100% of ya album sales and so on and so on hence where they got the term 360 deal from
it dont matter to def jam they recouped that 80k advance just off the all gold everything single. That went gold (no pun intended) thats around 350k after itunes takes their cut(no samples on that record either) all the show money, dont be safe ep sales, and merch money they got was just a bonus
