Rae Sremmurd Reach Settlement In Fyre Festival Lawsuit

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Recording artists Swae Lee (L) and Slim Jimmy of Rae Sremmurd perform onstage during day 1 of the 2016 Coachella Valley Music & Arts Festival Weekend 2 at the Empire Polo Club on April 22, 2016 in Indio, California.
Rae Sremmurd settle the score over their payments for the infamous Fyre Festival.

The Fyre Festival is still dealing with the repercussions over the failed luxury event at the hands of Billy McFarland. Though he's behind bars, there's still a lot of creditors that are owed money. The trustee looking over the Fyre Festival's bankruptcy has been chasing down many artists and celebrities involved in the festival as a means to obtain the cash they were paid.

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According to The Blast, Rae Sremmurd just settled the score with the Fyre Festival over an $18K advance for their performance. A lawsuit was filed against an array of artists and celebrities that were paid to promote the event as a means of getting money to return to the creditors. Swae Lee and Slim Jxmmi were sued for over $100K that they were actually paid for the performance with the group agreeing to cough up a fraction of that in the settlement.

"The Defendant shall pay the total sum of $18,000.00 (the “Settlement Payment”), as full and final settlement and complete satisfaction of all claims the Trustee has against the Defendant," the documents read.

Migos recently went through a similar situation recently when they settled a suit with Fyre Festival. The ATL trio were reportedly paid $100K to perform but later settled their case with the trustee for Fyre Festival for $30K. 


About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
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