Rich The Kid Says He Paid Nearly $1 Million To Get Out Of His First Record Deal

BYCole Blake3.8K Views
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Rich the Kid, Record Deal
Rich The Kid reveals he paid just under $1 million to get out of his first record deal.

Rich The Kid says he had to pay nearly $1 million to be released from his first record deal in his mission to become an independent artist.

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The Boss Man rapper detailed his journey to get out the outrageous deal on his Instagram story, earlier this week:

My first deal I ever signed I had to pay 800k cash to be released! When they asked me for it I had 7k to MY NAME!! After that I went platinum hella times.. But n****s always doubted me, even before that I’ve always been the most hated I’ve been threw [sic] everything by now ain’t nun that I ain’t seen.. My own family turn, my own bros not support me & still end on top! Why causes I’ve always put God first!! Moral of the story… Nobody can stop God‘s plan for you.

He followed the statement up with a second post, in which he declared, “I AM A INDEPENDENT ARTIST I AM NOT SIGNED TO NO LABEL. I DO THIS SHIT ME & MY TEAM.”

Rich did not specify whether the deal was with Interscope Records, 300 Entertainment or Quality Control Music, all of which he has worked with.

[Via]


About The Author
Cole Blake is a current staff writer at HotNewHipHop based out of New York City. He began writing for the site as an intern back in 2018 while finishing his B.A. in Journalism at St. John’s University. In the time since, he’s covered a number of breaking stories for HNHH. These include the ongoing YSL RICO trial, the allegations surrounding Diddy, and much more. His work also extends outside of hip-hop, having written extensively about a myriad of topics including politics, sports, and pop culture. He’s attended several music festivals to provide coverage for the site as well, such as Rolling Loud and Governors Ball.
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