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

BYCole BlakeUpdated on September 26, 20224.0K Views

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.

Frederick M. Brown / Getty Images

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.

https://www.instagram.com/p/CK11VP-H-Vp

[Via]

About The Author

Cole Blake

Cole Blake is currently an Editor at HotNewHipHop based out of Brooklyn, New York. He began working at the site as an intern back in 2018 while studying journalism at St. John’s University. In the time since, he’s graduated with a bachelor's degree and written extensively about a wide range of topics including pop culture, film & television, politics, video games, sports, and much more. He’s also covered music festivals such as Gov. Ball and Rolling Loud. You can find him publishing work for HNHH from Monday to Wednesday or on weekends. On the sports front, Cole’s a passionate NBA and NFL fan with his favorite teams being the Indianapolis Colts and Los Angeles Lakers. He also roots for the Yankees whenever he finds himself at Yankee Stadium or the Red Storm when in the company of other SJU alumni. His favorite hip-hop artists are billy woods, Earl Sweatshirt, Cam’ron, MIKE, and Mach-Hommy.

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