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January 23, 2013 @ 06:39 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

 http://atrilli.net/2013/01/details-released-of-chief-keefs-interscope-deal/




The teenage rap star won’t be able to spend most of his big-money pay check until he turns 18 in August, DNAinfo.com has learned.
Chief Keef signed a three-album contract — and a separate deal to control his own record label — with Interscope Records that could pay the South Side gangster rapper more than $6 million over three years. A split of future royalties could make for an even bigger pay day, according to court papers…
…Interscope agreed to pay Chief Keef a $440,000 advance — half up front and half after a judge signs off on the deal â€” that will be deposited in a court administered trust fund on his behalf, according to courtpapers. The so-called “blocked trust” is controlled by Chief Keef’s legal guardian, his grandmother, Margaret Carter. Withdrawals typically are prohibited from block trusts until a minor turns 18.
Chief Keef â€” who is currently locked up in juvenile detention for 60 days — also received at least $300,000 to cover the cost of recording “Finally Rich,” which sold 50,000 copies during the first week it was released in December.
Chief Keef’s deals all depend on album sales. If “Finally Rich” doesn’t sell at least 250,000 albums by December 2013, Interscope has the right to pull the plug on subsequent album releases — two albums and a compilation of hits, according to the deal.
In a separate three-year deal to establish Chief Keef’s record label “Glory Boyz Entertainment” — GBE for short — Interscope Records forked over another $440,000 advance. That agreement calls for both Chief Keef and his manager, Rovan Manuel, to each be paid $180,000. The deal calls for 15-percent of Chief Keef’s advance to be put in his trust fund, according to court papers.


tl:dr If he don't sell 250,000 by december, hes getting dropped.

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 06:42 PM
THEBIGNB

Post: 1320

Join Date: May 2011

Location: MASSHOLE

Dude sucks, bad attitude, no talent, could go on and on

#508 FOR SALE MEDALS BUCKET HAT http://hypebeast.com/forums/apparel/200889

January 23, 2013 @ 06:46 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

I agree on the album sales. The label is probably looking at him as a liability now. If he doesn't do big numbers he'll def get dropped. It's a shame though, dude has one of the strongest buzz's in the industry. SMH he just a young nigga though.
January 23, 2013 @ 06:46 PM
RawShack

Post: 1555

Join Date: Jul 2008

good music from time to time but he's mad immature and rude during interviews and shit. nobody wanna work with anyone like that.
January 23, 2013 @ 06:48 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

I dont see him selling 250k by the end of this year. He cant promote his music for 2 months sense hes locked up, and I feel like his buzz will be forgotten by the time he gets out.

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 06:54 PM
unemployed

Post: 1440

Join Date: Feb 2012

Location: CANADA EH!

people like him cuz he a bad ass nikka

not sure about the whole 250k before december tought
January 23, 2013 @ 06:54 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

I dont see him selling 250k by the end of this year. He cant promote his music for 2 months sense hes locked up, and I feel like his buzz will be forgotten by the time he gets out.


This is another reason why he won't blow up. He's still too active in public. SMH right in front of some crackers too.
January 23, 2013 @ 07:07 PM
ToyotaGuy

Post: 2098

Join Date: May 2009

Location: Coyutla, Mexico

He doesn't deserve 6 milli if he keeps buying true religion.

He needs to be smart with his money cause after he get stripped he will go broke 
January 23, 2013 @ 07:10 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

He prolly ran thru all his advance money already

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 07:29 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

He prolly ran thru all his advance money already
wouldn't be surprised.
January 23, 2013 @ 07:32 PM
KingPin

Post: 612

Join Date: Jun 2012

the time actually couldve worked out even better for his image if he just accepted it and didnt cry and beg for forgiveness, but i think his buzz is gonna drop now.
January 23, 2013 @ 07:38 PM
FIDEL CASHFLOW

Post: 3241

Join Date: May 2009

I dont see him selling 250k by the end of this year. He cant promote his music for 2 months sense hes locked up, and I feel like his buzz will be forgotten by the time he gets out.


This is another reason why he won't blow up. He's still too active in public. SMH right in front of some crackers too.
the white guy would have kicked the living shit out of him if he was alone

http://hypebeast.com/forums/apparel/217784 http://hypebeast.com/forums/sneakers/206983

January 23, 2013 @ 07:43 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

The only thing that saves him from being completely broke is that he's 17. a percentage of his money has to go into a trust fund.

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 07:43 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

I dont see him selling 250k by the end of this year. He cant promote his music for 2 months sense hes locked up, and I feel like his buzz will be forgotten by the time he gets out.


This is another reason why he won't blow up. He's still too active in public. SMH right in front of some crackers too.
the white guy would have kicked the living shit out of him if he was alone
Agreed. He look like he was about to run too before GBE stepped in to help him.
January 23, 2013 @ 07:50 PM
Pantic

Post: 3625

Join Date: Jan 2010

Location: cold north

Word, keef punched him 5 times in the face while he was sitting down and dude wasn't even phased.
January 23, 2013 @ 07:56 PM
veryrareandbased

Post: 2720

Join Date: Aug 2012

Location: Where Drake be at

He'll get dropped but some shitty label will pick him up.

All that jail time & arrests. Wouldnt be surprised if he gets his daughter taken away from him.

#HANSUMBOYZ / "I mean I just wanted the pussy tbh."- Thad #FREETHAD

January 23, 2013 @ 07:57 PM
SHARKlN

Post: 5135

Join Date: Apr 2012

the time actually couldve worked out even better for his image if he just accepted it and didnt cry and beg for forgiveness, but i think his buzz is gonna drop now.
that's the problem with being fake as shit though. real will prevail
January 23, 2013 @ 08:02 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

I wouldnt say Keef is fake. people forget hes 17. hes a dumbass hood kid who doesnt recognize the consequences of his actions until something actually happens to him. There's alotta niggas like him in the hood. talk real big and bad, catch bodies and shit then when they get locked up they nut up.

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 08:03 PM
from02hero

Post: 1221

Join Date: Oct 2012

He's next album is going to be called finally broke
January 23, 2013 @ 08:04 PM
tmwtg

Post: 3096

Join Date: Jun 2009

Honestly, he deserves it all. Him crying doesn't mean anything; sometimes, you just have to learn the hard way.

I hope he mans up.
January 23, 2013 @ 08:08 PM
DaPark

Post: 1920

Join Date: Apr 2012

Location: UK

#FreeSosa

But on a real, I can see he will get dropped from Interscope

hb weindis "No wonder drake makes love songs. Seeing all these 10's around toronto. damn. Just gained alot of dislike for my city."

January 23, 2013 @ 08:08 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

I wouldnt say Keef is fake. people forget hes 17. hes a dumbass hood kid who doesnt recognize the consequences of his actions until something actually happens to him. There's alotta niggas like him in the hood. talk real big and bad, catch bodies and shit then when they get locked up they nut up.
QFT! It happens all of the time. I remember when the most gooned out dude at my school got his locker searched by a k-9 unit and got caught with weed and a hammer. When he was getting arrested he was bawling like one of them bitches on a ghetto ass reality show. Everybody was like WTFLOL?!? Dude used to walk around with a bottle of lean and say fuck the police to the principals face.
January 23, 2013 @ 08:11 PM
SHARKlN

Post: 5135

Join Date: Apr 2012

the real came and he couldn't handle it

because he's fake..
January 23, 2013 @ 08:15 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

Like I said IMO he aint fake, but the real goons in the hood have that nihilistic view on life where they truely dont give a fuck about going to jail or ending up dead

http://soundcloud.com/anonymousnigger

January 23, 2013 @ 08:16 PM
real nigga

Post: 1581

Join Date: Sep 2012

Location: Da Trap

$440,000 to drop shitty music, shiiiiiiit

#3jeanshawty #nomeatjustsauce

January 23, 2013 @ 08:16 PM
totalespionage

Post: 1647

Join Date: Sep 2010

Location: DMV

the real came and he couldn't handle it

because he's fake..
I agree with the whole real came and he couldn't handle it part, but just like most other niggas on here im pretty sure he has something to do with the death of Lil JoJo. He may not have pulled the trigger but he's defiantly involved.
January 23, 2013 @ 10:16 PM
SoleFresh87

Post: 1353

Join Date: Nov 2006

Location: Columbia , South Car...

He needs to change something up in the next year or so.

Instagram @g87vrse *ArtMusicFlimLife*

January 23, 2013 @ 10:27 PM
drewblocka

moderator

Post: 9630

Join Date: Oct 2007

Location: 707/562

damnit just keep all this chief keep bs in one thread. with no thread merge, :/ all future ones are getting deleted.

Forum Administrator • @DREWKKAKE

January 23, 2013 @ 10:52 PM
RyandaGod

Post: 2350

Join Date: Mar 2012

Location: Commonwealth, Boston

"bitch I am the realist, stacking up my millions"

January 23, 2013 @ 11:08 PM
DarianaGrande

Post: 3741

Join Date: Jan 2009

Location: Los Angeles

damnit just keep all this chief keep bs in one thread. with no thread merge, :/ all future ones are getting deleted.
Mods aint doing shit and your biggest problem is too many Keef threads? Fuck outta here

#DarianaGrandeforMod2013

http://soundcloud.com/anonymousnigger


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