Wednesday, December 7, 2011

News: Soulja Boy Sues Manager



Soulja Boy filed the documents in Georgia Superior Court, claiming his manager/lawyer Philip Ransom coerced him into signing multiple contracts when he was just starting out ,contracts that were "unconscionable, oppressive, and unjust."

According to the docs, the contracts included a management agreement that gave Ransom 5% of Soulja's income forever relating to work the rapper completed while Ransom was his manager.

Another contract allegedly gave 50% of all Soulja's music copyrights to his record label ,a deal the rapper now claims is  "commercially unreasonable" and "contrary to music industry custom and practice."

But in reality, Soulja's just bitching because he didn't read the fine print, and his case will probably get thrown out of court. People are saying he's running out of money and his income isn't coming in like it used too.