Documents from the legendary late rapper, including his termination agreement with Uptown Records before his 1994 debut release, Ready to Die, is expected to go for anywhere from $5,000 to $7,000 on the auction block.
As the story goes, young Sean Combs signed Biggie, while working as an intern at Uptown. While there, he founded Bad Boy, but Uptown's Andre Harrell fired him for insubordination.
That situation led to a termination agreement being punched up for Biggie, essentially allowing him to buy the masters back to his two singles at the time — "Party and Bulls**t" and "Flip That S**t" — as well as whatever tracks he had recorded for the Ready to Die album...all for $326,092. That was an incredible bargain, considering the LP went on to move upwards of two million units, propelling B.I.G. as arguably the best rapper at the time.
Biggie's documents on the auction block also include a letter between Arista, which bought Bad Boy for $2 million, and Diddy, beginning with the intro, "Dear Puff..."
Bad Boy becoming the biggest force in hip hop by the mid-1990s eventually powered the way for a new $10 million deal with Arista.
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(Photo: Mitchell Gerber/Corbis)
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