Rich The Kid Might Have To Pay Ex-Managers $1.6M Soon: Report

BYAron A.1356 Views
Link Copied to Clipboard!
Tommaso Boddi/Getty Images
Rich the Kid attends Republic Records Grammy After Party at 1 Hotel West Hollywood on January 26, 2020 in West Hollywood, California.
After failing to show up to court, Rich The Kid's ex-managers are seeking a $1.6M default judgment.

Rich The Kid's legal problems are drumming up as his former managers are demanding a default judgment in their case against him. According to The Blast, Blueprint Artist Management is asking the judge to order Rich The Kid to pay them $1.6M after the rapper failed to appear in court. The management company claims that they've been waiting for him to show up ever since they served him with legal documents earlier this year. 

Rich The Kid Might Have To Pay Ex-Managers $1.6M Soon: Report

Blueprint initially filed legal documents against Rich The Kid on claims that he owes them $3.5M earlier this year. In hopes that he'd actually respond to their case, they've waited for him but now, they simply want a default judgment amounting to $1,617,958.

The company claimed that he inked a deal with them in 2017 that said they would receive 20% of his gross income. The rapper continued to face accusations of practicing bad business and not fulfilling his end of the deal. They said that the rapper refused to pay $960K in commission as well as $500K from a clause in the contract. Despite claims they “repeatedly demanded the payment of its long-overdue Commissions," Rich The Kid didn't respond and back in 2019, they sought after a $700K termination fee.

 “Paragraph 1 of the Termination Agreement provides that Roger shall pay Blueprint the sum of $700,000 according to the following schedule: $250,000 within 10 business days of the execution of the Termination Agreement; $200,000 on or before September 1, 2019; and $250,000 on or before November 1, 2019 (the “Settlement Payments”)," it reads in the contract.

We'll keep you posted on any new developments. 


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.
...