(EXCLUSIVE) Drake’s $84 Million Music Royalties at Center of Jas Prince’s Lawsuit Against Cash Money

In the suit, Jas says that in November 2013, he was still owed a total of $5 million dollars and he confronted Cash Money about the money and then they sent over $1 million to his bank. However, he claims that he never received the remaining $4 million from the label. He then filed suit for the $4 million claiming CM breached their contract.

Then on October 10th, Lil Wayne’s record label Cash Money reportedly fired back at Jas Prince. They claimed the deal they made for Drake was signed by Aspire Music Group and they were to pay them the commissions NOT Jas or his company.

Reportedly, Cash Money Records explain they pay the royalties to Aspire and per their deal they follow how they want the money paid out specifically and they refuse to breach their contract with Aspire to accommodate Jas Prince.

Then on November 21st, Jas headed to court to fire back at the excuses by Cash Money on them not paying him millions. Jas explains that Cash Money can’t say they have no obligation to pay him because they have sent him millions of dollars from Drake’s music royalties  — proving they are fully aware they are to pay him the money made.

In the court docs, he says that as of July 2013, Drake has pulled in a total of 84 MILLION DOLLARS — to which Cash Money has profited a total of $40 million from that income. Jas says that Cash Money would have NEVER seen that $40 million if it wasn’t for him bringing Drake to them.

Jas and his company are demanding the legal battle for their 22% of the net profits that Drake’s music brings in continue on in court and Cash Money’s motion to dismiss the entire case be thrown out. See the court docs.

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