theJasmineBRAND.com exclusively reports, Jas Prince has reached a settlement in the nasty battle over 11 million dollars in royalties from Drake, with a confidential deal being hashed out by the music producer after months of battling in court.
As previously reported, last year Jas Prince filed a federal lawsuit against Cash Money Records accusing them of screwing him out of millions. He explained that back in 2007, both he discovered Drake and signed him to Aspire Music Group. Then Cash Money approached them and they wanted to sign Drake — but to do so they had to agree to pay 22% of all Drake’s advances, net profits and other advances to Jas Prince & Aspire.
Jas claimed Cash Money owed him 4 million and he filed suit for breach of contract. Lil Wayne’s label fired back claiming they never had a deal with Jas and the contract was signed by Aspire, and that’s who they pay NOT Jas.
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