The rap star alleges he was coerced into signing “oppressive” deals at the start of his career.
Soulja Boy is crying foul over business deals he made when he was just a teen. The rambunctious 21-year-old hip hop star is now suing an ex-manager for taking advantage of his naiveté.
The Atlanta rapper, who was just 16 when he rose to fame with his 2007 hit "Crank Dat," says former manager Philip Ransom coerced him into signing contracts that were "unconscionable, oppressive and unjust."
According to documents obtained by TMZ, the contracts, include one granting Ransom five percent of all the income earned by Soulja Boy in perpetuity from work completed while Ransom was his manager. Another gives 50 percent of all of the rapper's copyrights to his record label.
For his part, Ransom asserts that he did nothing wrong and that Soulja Boy is just complaining. Not only is he denying the charges, but he's filed new documents trying to collect on money he says he's still owed.
This latest melodrama adds to what has amounted to a very turbulent year for Soulja. As previously reported, he was arrested on gun and drug charges, blasted for releasing an offensive song aimed at the U.S. military, and is reportedly in debt to his landlord and the IRS.
BET.com is your #1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.
(Photo: Jason Merritt/Getty Images)
Videos You May Like
Movies Soulja Boy The Movie (10/6/2011)
106 & Park Guest Rewind: Soulja Boy... Clip (11/30/2010)
Hip Hop Awards '10 Exclusives: Deeper Than Rap Clip (10/12/2010)
Hip Hop Awards '10 Rehearsals: Soulja Boy's Rehearsal Clip (10/8/2010)
BET Awards 2009 Performance: Soulja Boy Hops Out... Clip (6/28/2009)